ANONIMI NAFTILIAKI ETAIRIA KRITIS SA Anek Lines SA announced consolidated earnings results for the year ended December 31, 2012. For the year, the group reported turnover of EUR 199.7 million against EUR 243.6 million a year ago. EBITDA stood at EUR 4.2 million against EUR 12.3 million a year ago.
The decrease in EBITDA resulted due to the decrease in gross profit, whereas Administrative and Selling expenses were significantly reduced to EUR 28.3 million, as compared to EUR 33.7 million in 2011. Net results after taxes and minority interests amounted to losses of EUR 60.7 million compared to EUR 22.9 million a year ago. Net results were significantly burdened by Group's fixed assets impairment that stood at EUR 35.5 million compared to EUR 6.3 million in the previous year.
