VARVARESSOS S.A. EUROPEAN SPINNING MILLS VARVARESSOS S.A. turnover in 2022 amounted to 7,03 million EURO compared to 8,22 million EURO in 2021, decreased by 14,45%. The company's exports amounted to 6,29 million EURO (89,24% of total sales). The company's operating result (EBITDA) amounted to losses -5,69 million EURO compared to losses -4,35 million EURO in the corresponding same period of previous year. Gross margin amounted to losses -4,97 million EURO compared to -3,77 million EURO during 2021. The company's result was formed in losses of -8,57 million EURO for 2022 compared to losses of -6,78 million EURO in the corresponding period of the previous year.
The Company is in contact and discussions with strategic investor for the financing of the Company.
The aforementioned statements are posted at the company's website www.varvaressos.gr.
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Varvaressos SA published this content on 02 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2023 15:52:08 UTC.
