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Profile: Significant improvement in the results of the third quarter and nine months

Profile showed a significant improvement in the results of the third quarter and nine months.

In particular, the consolidated sales of the Group amounted to 4.8 million euros in the third quarter of 2021 and to 12.8 million euros in the nine months compared to 2.8 million euros and 9.7 million euros during the respective periods. fiscal year 2020, showing an increase of 32.3% in total.

The consolidated profits of the Group before Taxes, Financial, Investment Results and Depreciation (EBITDA) amounted to 0.9 million euros in the third quarter of 2021 and 3.3 million euros in the nine months compared to 0.7 million euros and 2, 5 million euros during the corresponding periods of the fiscal year 2020, showing an increase of 31.6% in total.

The consolidated profits of the Group before Taxes, Financial, Investment Results (EBIT) amounted to 0.3 million euros in the third quarter of 2021 and 1.3 million euros in the nine months compared to 0.2 million euros and 0.9 million euro during the respective periods of the fiscal year 2020, showing an increase of 52% in total.

The Group’s Profit before taxes amounted to 1.5 million euros in the nine months compared to 0.4 million euros during the corresponding period of 2020, showing an increase of 240%.

Earnings after taxes of the Group amounted to 1.0 million euros in the nine months compared to 0.3 million euros during the corresponding period of 2020, showing an increase of 198%.

The restructured profits of the Group before Taxes, Financial, Investment Results and Depreciation (EBITDA) (excluding the valuation of options) amounted to 3.5 million euros in the nine months compared to 2.9 million euros in the corresponding period of the year. 2020.

The restructured Profit before taxes of the Group (excluding amortization of intangible assets from acquisitions and the valuation of options) amounted to 2.0 million euros in the nine months compared to 0.9 million euros in the corresponding period of the year 2020.

The restructured Profits after taxes of the Group (excluding amortization of intangible assets from acquisitions and the valuation of options) amounted to 1.5 million euros in the nine months compared to 0.8 million euros in the corresponding period of the year 2020.

The borrowing of the Profile Group on 30/09/2021 amounted to Euro 6.9 million, compared to 4.1 million euros that amounted to 31/12/2020.

The total cash and short-term investments of the Profile Group on 30/09/2021 amounted to 12.9 million euros, compared to Euro 16.0 million euros on 31/12/2020.

The Equity of the Profile Group on 30/09/2021 amounted to 21.3 million euros, compared to 21.9 million euros on 31/12/2020.

As stated in the relevant announcement of the company: “The spread of the Covid-19 pandemic which results in global uncertainty and market turmoil as well as the adoption of exceptional restrictive measures worldwide, did not affect the financial results of the Group during the nine months 2021. The Group companies have already adapted from 2020 depending on their country of activity, to the new special conditions and the Management constantly takes all the necessary measures to ensure the smooth operation of all departments with the main focus on the Group’s customer service. and the protection and safety of its employees and associates.The increase in energy costs is not expected to affect the operation of the company, since due to the nature of its field of activity, it does not participate in production costs. developments regarding the treatment of the disease in the near future as well as the dia “There is a strong and intensive review of the Management in the proposals and suggestions of the competent bodies, there is the belief that the spread of the disease will not significantly affect the course of the Group and the goals set for the whole of 2021 are expected to be fully achieved”.

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Source From: Capital

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