Creation Three Alpha: Reduction of sales and profits in the nine months

Eriourgia Tria Alfa recorded a decrease in sales and profits before taxes in the first nine months of 2021, according to the data announced by the company, which notes that it has already taken measures to contain operating costs.

BASIC FINANCIAL SIZES

30/9/2021

30/9/2020

30/6/2021

30/6/2020

C QUARTER 2021

C QUARTER 2020

OPERATIONS’ CIRCLE

611.771

635.012

307.672

526.173

304.099

108.839

EBIT

71.320

100.634

35.640

103.352

35.680

-2.718

EBITDA

78.971

107.372

40.376

108.079

38.595

-707

PROFIT BEFORE TAX

51.009

77.205

22.024

89.092

28.985

-11.887

MONEY AVAILABLE

80.036

46.677

92.567

12.018

-12.531

24.659

LOAN LIABILITIES

1.961.125

2.034.500

1.966.706

2.012.665

-5.581

21.835

The Management of the Company monitors, as it states, on a systematic basis the developments and ensures the implementation of policies that are deemed necessary and appropriate, in order to ensure its business continuity, its smooth operation and the reduction of negative consequences to the least possible extent.

For this reason, a series of restrictive measures were taken to contain operating costs, while utilizing the support measures of the affected companies that the Greek state takes each time.

Perspectives

Based on the data in force at the time of writing and given the fourth wave of the pandemic, the Company’s management is cautious about the future impact on the company’s prospects and estimates that the consequences will affect the end of the current year in terms of concerns the turnover and profits of the company.

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Source From: Capital

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