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Category: Inside information
Published on: SEOnet
Published at:  17.05.2018 15:30
Published document ID: INI-419/18

INTEREUROPA, d.d., Koper

Growth of key business indices in the Intereuropa Group in the first quarterly term 2018

In accordance with the provisions of the Ljubljana Stock Exchange Rules (Ljubljanska borza d.d., Ljubljana) and the applicable legislation in force, the Company INTEREUROPA d.d., Koper is issuing this release:

Koper, 17 May 2018. In today's session, the Supervisory Board was informed on the unaudited report for the Intereuropa Group and Intereuropa d.d. in the term January-March 2018. In the first quarterly term, the Intereuropa Group has surpassed both the target sales turnover and the sales revenues of the comparable term last year, the Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) and net profit.

The Group generated EUR 38.8 million of sales revenues and achieved a 10-percent growth over the same term a year ago; furthermore, the result was 5 percent better than planned. The operating result before interest, tax and depreciation (EBITDA) of the Group amounted to EUR 3.6 million and was 6 percent higher than in the same term last year, and the figure achieved outstripped the plan by as much as 21 percent. The operating result before interest and tax (EBIT) came to EUR 2.1 million, which was 20 percent better than last year and 58 percent higher than planned. The Intereuropa Group closed the reporting term with EUR 1.3 million of net profit or 49 percent over the comparable term last year, and 121 percent better than planned. 

The Intereuropa Group reduced the net financial debt by 4 percent, or by EUR 2.9 million, in the first quarterly term 2018.   

The Press Release will be published at the SEO-net and on the web site of INTEREUROPA d.d., at www.intereuropa.si for no less than 5 (five) years.

The Managing Board
Date: 18.05.2018