Financial results for the 6-month period of 2020
VARVARESSOS S.A. turnover during the 6-month period of 2020 reached 3,83 million EURO contrary to 6,10 million EURO in the same period of 2019, decreased by 37,3% due to Covid-19 pandemic and the financing delay of the company's approved Business Plan (according to Greek Development Law 4399/2016) by the banks. The company's exports came up to 3,67 million EURO (96% of the total revenues). Losses before depreciation (EBITDA) have reached 1,58 million EURO contrary to losses 1,83 million EURO during the same period of 2019.