Spyros Agricultural House: EBITDA at 1.2 million euros in 9 months

The sales, EBIT and EBITDA of the company Agrotikos Oikos Spyros for the nine months of 2021 were slightly increased.

In particular, according to the relevant announcement:

A) The sales of the company for the nine months of 2021 amounted to 10,802,110 euros against 10,399,785 euros for the corresponding period for 2020, while for the third quarter of 2021 to 2,367,848 euros against 2,096,150 euros for corresponding to last year

At the same time, the restructured EBIT of the company for the nine months of 2021 amounted to 851,004 euros compared to 839,295 euros for the corresponding period for 2020, while for the third quarter of 2021 to -660,467 euros compared to -124,283 euros for the corresponding period last year.

Meanwhile, the restructured EBITDA of the company for the nine months of 2021 amounted to 1,272,996 euros against 1,270,129 euros for the corresponding period for 2020, while for the third quarter of 2021 to -517,329 euros against -1,543 euros for the corresponding period last year.

Also, as mentioned in the relevant announcement of the company:

B) The Company with its announcement 8936 / 12.11.2021 on the website of the Athens Stock Exchange has made fully aware to the investing public all the important developments that took place until the date of its publication as well as their effects on the basic figures of the financial of position.

C) The Company recognizes that due to the apparent increase in energy costs, its key financial figures will be significantly affected in the coming period and makes every effort to minimize this impact. Also, continuing the responsible attitude towards the pandemic, it monitors the announcements of the competent bodies and fully implements their instructions for the benefit of its employees, customers and suppliers. In addition, it adjusts its short-term business plans, reflecting in its financial statements the possible effects of these adjustments. Finally, it closely monitors the evolution of the euro / Turkish lira exchange rate since due to its subsidiary in the neighboring country it is exposed to potential exchange rate risks.

.

Source From: Capital

You may also like