Intereuropa — Earnings Release 2017

Nov 22, 2017

Category: Inside information

Published on: SEOnet

Published at:  21.11.2017 15:10

Published document ID: INI-1122/17

INI-1070/17

INTEREUROPA, d.d., Koper

Intereuropa Group with 8 percent growth in sales revenue in nine months 2017

In accordance with the provisions of the Ljubljana Stock Exchange Rules (Ljubljanska borza d.d., Ljubljana) and the applicable legislation in force, the Company INTEREUROPA d.d., Koper is issuing this release:

In today's session, the Supervisory Board has dealt with the unaudited interim report for the Intereuropa Group in the term January-September 2017. In the reporting nine months, the Intereuropa Group achieved 8 percent higher sales turnover than in the comparable term a year ago (2016), in total amount of EUR 110.2 million of sales revenue. The Intereuropa Group recorded the highest growth in the business areas Intercontinental Transport (+14 percent) and in Logistics Solutions (+13 percent).

In comparison with the preceding year's term, the Intereuropa Group improved the EBITDA (Earnings before interest, tax, depreciation and amortisation) by 5 percent to EUR 10.9 million, and the EBIT by 6 percent to EUR 5.8 million.

Thanks to lower interest expenses, the operating result from ordinary activities was 20 percent higher and totalled EUR 4.0 million. The Intereuropa Group recorded a net operating result at EUR 3.4 million, which is 8 percent better than in the nine months last year.

The net financial debt of the Intereuropa Group as at end of September amounted to EUR 69.1 million, which was 6 percent lower than as at 31.12.2016.

In accordance with the provisions of the Ljubljana Stock Exchange Rules (Ljubljanska borza d.d., Ljubljana) and the applicable legislation in force, the Company INTEREUROPA d.d., Koper is issuing this release:

The Managing Board

Date: 22.11.2017