Kleeman Hellas : IMPROVED FIGURES FOR KLEEMANN GROUP IN THE THREE-MONTH PERIOD OF 2016

The three-month period of 2016 closed with increased turnover for the Group of Kleemann compared to the corresponding last year period.

More specifically, the consolidated turnover for the three-month period of 2016 amounted to Euro 20,7 mln from Euro 19,3 mln, increased by 7,5%, compared to the corresponding period of las year, while gross margin amounted to 30,2% from 32,6%.

The Group's profit before tax for the three-month period of 2016 amounted to Euro 122 thous from Euro 102 thous in the corresponding period of 2015, while the Group's EBITDA amounted to Euro 872 thous from Euro 788 thous. The Group's profitability before tax amounted to 0.6% from 0.5% in the corresponding period last year, while the EBITDA margin to 4.2% from 4.1%.

The group has a presence through subsidiaries and offices in 15 countries, while the total number of employees has grown to 1,186 employees from 1,042 people on March 31, 2015.

The Management for 2016 expects to maintain healthy liquidity of the Group, and to further improve the Group's performance having as a fundamental axis the international expansion and further penetration in markets that show growth potential.