Real Consulting: The group’s EBITDA increased by 29% in the nine months

The management of Real Consulting remains optimistic about the picture of the company’s financial results for the end of the year 2021.

In a statement, however, it said it had reservations about the possible effects of the possible worsening of the energy crisis and the COVID-19 pandemic, while at the same time it is ready to take measures and take appropriate steps to cope with this new treaty, reassessing its strategy according to developments and maintaining its social responsibility.

He stressed that the global energy crisis and the effects of the measures taken to address the pandemic are expected to have a negative impact on GDP, while the duration of the effects of the double crisis on the global and Greek market is towards present unknown.

Given the uncertainty that characterizes the global market, any assessment and prediction regarding the impact of the energy crisis and the COVID19 pandemic is uncertain.

Despite the unfavorable situation in the Greek economy, the Company did not accept the deterioration of the economic climate in the country, but instead managed to increase its cash flows, which is due to both the necessary nature of the services it offers and its customer base.

More specifically, the turnover of the Group and the Company, recorded an increase of 13% in the nine months of 2021 and amounted to € 16,043 thousand compared to € 14,178 thousand in the nine months of 2020.

The Group’s gross profit amounted to € 5,555 thousand in the nine months of 2021 compared to € 4,620 thousand in the nine months of 2020 (20% increase), and the Company’s gross profit amounted to € 5,503 thousand against € 4,563 thousand. (21% increase). The Group’s EBITDA amounted to € 2,235 thousand in the nine months of 2021 compared to € 1,726 thousand in the nine months of 2020 (increase of 29%), while the Company amounted to € 2,204 thousand against € 1,698 thousand (increase of 30%). ).

The pre-tax results of the Group, in the nine months of 2021, amounted to profits of € 1,612 thousand compared to € 1,149 thousand in the nine months of 2020, showing an increase of 40% compared to the corresponding period, while the pre-tax results respectively for the Company amounted to to € 1,591 thousand for the nine months of 2021 compared to € 1,122 thousand in the nine months of 2020, showing an increase of 42%.

The net borrowing of the Group on 30.09.2021 amounted to € 964 thousand compared to € 265 thousand on 30.06.2021, which is due to the increase of working capital needs, the upward trend of sales as well as the completion of the Share Capital Increase and the related costs for the listing of the Company in the Alternative Market of the Athens Stock Exchange.

The Group’s equity on 30.09.2021 amounted to € 13,827 thousand against € 13,416 thousand on 30.06.2021, while the equity respectively for the Company amounted to € 13,782 thousand on 30.09.2021 against € 13,390 thousand on 30.06 .2021. This optimization is due to the realization of profitable results.

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Source From: Capital

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