|
|
|
|
|
HELLENIC FABRICS S.A.
The main activity of "HELLENIC FABRICS SA" is the production of indigo denim fabric, which is used in the production of blue jeans. The company is among the three largest denim producers in Europe and the only one in Greece. Denim is a product of mass consumption and is distributed to blue jeans industries worldwide; the ones that employ strict quality standards are the target customers of "HELLENIC FABRICS SA". The Company holds a leading position in the European market and its clientele consists of the most important jeanswear manufacturers in the market.
|
|
Press Releases
Latest Financial Comments
|
|
- During the first quarter of 2009 the Group's turnover amounted to 14.4 mln euro as compared to 21.5 mln euro in the relative last year period, showing a 33% reduction. The gross profit margin of the group amounted to euro 0.4 mln, in comparison to euro 2.2 mln in the relevant last year period. Group's consolidated net results before taxes, interest and depreciation (EBITDA) amounted to euro -1.592 thous, from euro 846 thous in the relative last year period. The Group's financial results before taxes amounted to euro -3.9 mln from euro -1.7 mln of the relevant last year period. The consolidated net results after taxes amounted to euro -3.9 mln as compared to euro -1.5 mln of the relevant period of 2008.
- The parent company's turnover amounted to 11 mln euro as compared to 19 mln euro in the relative last year period. The gross profit margin of the parent company amounted to euro 0.02 mln, while in the 1st quarter of 2008 it was euro 1.9 mln. The parent company's EBITDA is reduced in comparison to the previous year and amounted in the 1st quarter of 2009 to euro -2.117 thous from euro 391 thous of the relative last year period. The parent company's financial results before taxes amounted to euro -3.68 mln from euro -1.26 mln of the relevant last year period, mainly attributed to the exceptional, one-off, aforementioned expenses, while the parent company's net results after taxes amounted to euro -3.7 mln as compared to euro -1 mln of the relevant last year period.
 All Financial Comments
|
|
|
|
|
| Close |
0.47 |
| Daily High |
0.48 |
| Daily Low |
0.46 |
| % Change |
-2.08 |
| Volume |
3,720 |
|
July 3, 2009
|
|
|
|
|
|
|
