Financial Statements

Financial results for the first half of 2021

Profit-loss account for the first half of 2021 was as follows:

COMPANY

  1. Turnover for the first half of 2021 amounted to € 18.44 million while the corresponding amount during the first half of 2020 was € 14.26 million. Therefore, there was a increase by € 4.18 million and at a 29.31% rate. Exports account for 97% of turnover.
  2. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for first half of 2021, amounted to € 5.7 million while the corresponding amount in the first half of 2020 was € 2.95 million, showing a increase of € 2.75 million and at a 93.22% rate. 
  3. Profits before taxes for first half of 2021  amounted to € 3.15 million while the corresponding amount during the first half of 2020 was € 0.96 million. Therefore, there was a increase of € 2.19 million and at a 228.12% rate.
  4. The net loan liabilities during the first half of 2021 amounted to € 37.2 million compared to € 40.8 million in first half of 2020, showing an decrease by € 3.6 million.

GROUP

  1. Turnover for first half of 2021  amounted to € 19.48 million while the corresponding amount during the 2019 fiscal year was € 15.96 million. Therefore, there was a increase by € 3.52 million and at a 22.05% rate.
  2. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for first half of 2021, amounted to € 6.57 million while the corresponding amount in the first half of 2020 was € 3.59 million, showing a increase of € 2.98 million and at a 83% rate.
  3. Profits before taxes for first half of 2021  amounted to € 3.2 million while the corresponding amount during the first half of 2020 was € 0.78 million. Therefore, there was a increase of € 2.42 million and at a 310.25% rate.
  4. Net loan liabilities during the first half of 2021 amounted to € 38 million compared to € 42.6 million in first half of 2020  showing an decrease by € 4.6 million.

IKTINOS HELLAS S.A.
Group of Companies

Athens Headquarters:
7 Likovrissis Str.,
PC 14452, Metamorfossis,
Athens – GREECE

Tel: +30 210 2826825
Fax: +30 210 2856342

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Iktinos Hellas SA - Investors Relations