VARVARESSOS S.A.
Financial results 2011
The company's turnover during 2011 reached 17,6 million EURO in comparison to 21,84 million EURO in 2010. The company's gross margin came up to 0,096 million EURO. The company's exports reached 12,72 million EURO that is 72% of the total sales. The company's EBITDA amounted to -0,47 million EURO in comparison to -1,02 million EURO in previous year's corresponding period. Loss after taxes decreased from 4,12 million EURO to 3,55 million EURO in 2011, resulting to a loss per share € 0.3449.
The aforementioned statements are posted at the company's website www.varvaressos.gr