Athens, March 27th, 2008
I. Kloukinas - I. Lappas SA announces – Financial results 2007
The Group turnover amounted to 64.003 thousands Euro over 56.683
thousands, an increase of 12,91% over 2006,operating profits before
taxes interest and depreciation ( EBITDA ) amounted to 23.296
thousands € over 17.471 thousands €. an increase of 33,34 %, while the
profits pre taxes, were 21.861 thousands over 16.769 thousands,
increased at 30,37%.
The profits after taxes and rights of minority amounted to 16.228
thousands €, over 13.584 thousands € increased at 19,47%.
Finally, the Group’s Equity for 2007 increased to 66.383 thousands.
Euro, from 54.700 thousands Euro in 2006, an increase of 21,36%.
In terms of the parent company, the turnover amounted to 54.285
thousands Euro over 51.375 thousands Euro, an increase of 5,66%
compared to 2006. The operating profits pre taxes, interest and
depreciation ( EBITDA ) amounted to 18.823 thousands, over 16.151
thousands, an increase of 16,54 % Euro while the profits pre taxes
amounted to 18.803 thousands, Euro over 15.503 thousands, an increase
The profits after taxes amounted to 14.151 over 12.829 thousands Euros
an increase of 10,31%.
The proposed dividend per share for 2007 is 0,25 Euros an increase of
In the company’s pre tax profits is included 6.970 thousands Euro from
the re evaluation of Investment property of Ermou 47.
Without this readjustment the profits pre taxes , interests and
depreciations in unified base amounted in 17.569 thousands, opposite
11.619 thousands increased at 51,21%, the profits after taxes in
11.000 thousands, opposite 7.068 thousands increased at 55,63% , the
profits of commercial activity, pre taxes amounted in 10.999
thousands, opposite 6.411 thousands, increased at 71,58 % and the
construction activity 3.761 thousands, opposite 3.715 increased at