News

Financial Results of the 2007 nine-month period

30.11.2007

The company IMAKO MEDIA S.A. through a press release to the Athens Stock Exchange notifies of the following:

The turnover of the Company for the period ending on 30th June 2007 was at €3,103,000 from €28,989,000 in 2006, presenting an increase in the region of 7.29%.  
Gross profits came in at €5,581,000 in 2007 compared with €6,318,000 in 2006, a decrease of 11.67%.   The gross margin was 17.94% in 2007 compared with 21.79% during the corresponding period last year.   Profits before financial and investing results, depreciation and amortization and taxes amounted to €1,941,000 in 2007 compared with €1,131,000 in 2006, i.e. an increase of 71.62%, while profits before taxes and investing results amounted to €923,000 in 2007 from €98,000 in 2006. Finally, net profits/losses before taxes amounted to €199,000 in 2007 compared with losses of €661,000 in 2006, i.e. an improvement of 69.89% approximately, while net profits/losses after taxes amounted to €225,000 in 2007 compared with losses of €674,000 in 2006.

At Group level, the consolidated turnover presents an increase of 9.39% while gross profits were €7,260,000 in 2007 from €7,283,000 in 2006. The gross margin was 20.93% in 2007 compared with 22.97% in the corresponding period last year.   Profits before financial and investing results, depreciation and amortization and taxes amounted to €2,496,000 in 2007 compared with €1,282,000 in 2006, i.e. an increase of 94.70%, while profits before taxes and investing results amounted to €1,340,000 in 2007 from €109,000 in 2006. Finally, net profits/losses before taxes amounted to €129,000 in 2007 compared with losses of €704,000 in 2006, i.e. an improvement by 118% approximately, while net profits/losses after taxes amounted to €11,000 in 2007 compared with a loss of €796,000 in 2006.

ATHENS, 30.11.2007