AKRITAS SA continues in 2017 even more effectively its upgrade course since the previous year. The results of the first half of the year confirm its dynamics of return to high positive growth rates, as turnover is significantly higher by 21.9% (€ 14.7 million) compared to the corresponding period of 2016. The results of the first half certify the dynamics of return to high positive growth rates, as the turnover is considerably increased by 21,9% (€ 14,7 mil.) compared with the corresponding period of 2016. This growth is due both to the expansion of the company’s market share in the Greek market and to the simultaneous exports increase .
In addition, EBITDA, which is improved by 55%, has been significantly improved, as losses have been reduced to € 367,331 against losses of € 833,489 in the previous period. This specific profitability path is directly linked to the growth of sales and proper administration of running costs, certifying the forecasts for returning profitability to a positive sign for the whole period of 2017.
The implementation of the second evaluation and the gradual improvement of the growth rate of the Greek economy create even more optimistic prospects for the Company, which is reflected in its results up to now, with the continuation of high growth rates.