During the first half of 2016, EYDAP delivered an improved set of results, proving the consistency and stability that characterize its operation. Specifically, the turnover of the Company in the first half of 2016 amounted to euro 154.4 million from euro 151.7 million in the first half of 2015, increased by 1.8% (euro +2.7 million) and combined with the steady operating costs (euro 131.9 million), the Company increased the Gross Profit Margin by 8.5% (euro +5.5 million).
Company's earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to euro 43.2 million compared to euro 40 million in the first half of 2015, increased by 8% (euro +3.2 million), forming an also increased EBITDA Margin at 28.0% in H1 2016 from 26.3% in H1 2015.
Also, the earnings before interest and taxes (EBIT) increased by 29.7% (euro +5.5 million), amounting to euro 24.0 million from euro 18.5 million in H1 2015, while the earnings before taxes of the Company amounted to euro 26.2 million compared to euro 25.4 million in H1 2015, increased by 3.2%.
The earnings after taxes amounted to euro 17.3 million from euro 17.1 million in the first half of 2015, posting an increase of 1.5%. Net profit margin remained steady at 11.2%.

The Data and Information of the period 1.1.2016 - 30.06.2016 are published together with the Semi-annual Financial Report of the same period and are posted on the company's website, www.eydap.gr

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Eydap SA - Athens Water Supply & Sewage Co. published this content on 30 September 2016 and is solely responsible for the information contained herein.
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