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Logicom Public LTD Earnings Release 2015

Feb 26, 2016

2477_er_2016-02-26_020ac3e5-bbfd-4ee2-9fc9-b1e278679f67.pdf

Earnings Release

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LOGICOM PUBLIC LTD

INDICATIVE RESULTS FOR THE YEAR 2015

Unaudited Audited
2015 2014
Turnover 846.252.721 631.176.348
Cost of sale (792.954.684) (588.982.295)
Gross profit 53.298.037 42.194.053
Other income 1.126.248 1.013.367
54.424.285 43.207.420
Administrative expenses (34.380.651) (29.359.775)
Profit from operations / operating activities 20.043.634 13.847.645
Exchange difference 334.604 (880.170)
Interests receivable 131.184 167.464
Interests payable and bank expenses (7.449.490) (5.668.824)
Net finance cost (6.983.702) (6.381.530)
Profit for the year before taxation 13.059.932 7.466.115
Loss from affiliated companies and partnership (933.549) (1.205.601)
12.126.383 6.260.514
Taxation (1.643.054) (244.887)
Profit after taxation 10.483.329 6.015.627
Loss attributable to minority interest 346.308 457.949
Profit attributable to the Company's shareholders 10.829.637 6.473.576
Earnings per share 14.62 cents 8,67 cents
Adjusted earnings per share 14.62 cents 8.67 cents