Year End 2016 Financial Results
HISTORICAL RECORD ON PROFITABILITY
Following the positive trend that commenced in H2 2013 and despite the prevailing adverse economic environment the EBITDA of our three shopping centers further increased by 8% year-over-year, amounting to €43 million in 2016. EBITDA on a consolidated basis reached €33,8 million, an amount which registers an increase by 12,7% year-over-year and a historical record of profits before valuation effects.