The turnover of the Group during the third quarter of 2021, recorded an increase of 25.3% and amounted to € 79.6 million compared to € 63.5 million compared to the corresponding quarter of 2020, while at a nine-month level it showed an increase of 26 , 1% and amounted to € 220.1 million compared to € 174.5 million compared to the corresponding nine months of 2020.
Earnings before interest, taxes, depreciation and amortization (EBITDA) for the third quarter of 2021 amounted to € 15.2 million compared to € 8.1 million compared to the corresponding quarter of 2020, increased by 86.8%, while at the level of in the first nine months of the year increased by 103.8% and amounted to € 34.8 million compared to € 17.1 million compared to the corresponding nine months of 2020.
Earnings before interest and taxes (EBIT) for the third quarter of 2021 amounted to € 12.5 million compared to € 5.8 million compared to the corresponding quarter of 2020 and increased by 115.6%, while at the nine-month level showed an increase of 176.9% and amounted to € 26.6 million compared to € 9.6 million compared to the corresponding nine months of 2020.
Meanwhile, the turnover of the Parent Company during the third quarter of 2021, recorded an increase of 26.7% and amounted to € 50.6 million compared to € 40.0 million compared to the corresponding quarter of 2020, while in nine-month level increased by 24.5% and amounted to € 141.0 million compared to € 113.3 million compared to the corresponding nine months of 2020.
Earnings before interest, taxes, depreciation and amortization (EBITDA) for the third quarter of 2021 amounted to € 8.1 million compared to € 3.8 million compared to the corresponding quarter of 2020, increased by 111.1%, while at the level of in the first nine months of the year increased by 207.7% and amounted to € 17.5 million compared to € 5.7 million compared to the corresponding nine months of 2020.
Earnings before interest and taxes (EBIT) for the third quarter of 2021 amounted to € 6.7 million compared to € 2.5 million compared to the corresponding quarter of 2020, increased by 170.2%, while at the nine-month level showed an increase of 592.5% and amounted to € 13.4 million compared to € 1.9 million compared to the corresponding nine months of 2020.
At the same time, during the third quarter of 2021, there were no significant changes in the loan position and the capital structure of the Group and the Parent Company.
Regarding the prospects for the current year, the Management estimates that the financial figures of the Group and the Parent Company will continue to show a satisfactory course during the fourth quarter of the year 2021.
Finally, the announcement concludes, given that the current situation in the global market is characterized by uncertainty, any assessment regarding the impact of either the pandemic or the energy crisis on the financial results of the Group and the Company is uncertain. However, the Management remains optimistic about the excellent picture of the financial results of the Group and the Parent Company for the year 2021 as a whole, but maintains reservations about the financial consequences that will cause a possible worsening of either the pandemic or the energy crisis.
Source From: Capital
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