Turnover and gross profit increase for 2014
The Group’s turnover increased by 8.84% and reached 116.53 million Euros over 107.07 million Euros for the respective period last year and the mother company’s turnover increased by 11.26% and amounted to 62.80 million Euros over 56.44 million Euros in 2013.
The Chairman of the Group, Mr. Georgios Stamatiou commented on the results: “2014 was a year marked by milder changes in comparison to last years. The first months showed a relevant stability whereas the next showed increasing trends, trends which were limited and lost their dynamics before the end of the fiscal year. For one more year, these changes were due to the instability and uncertainty of the prevailing atmosphere which was burdened by the problems with EOPYY (Greek National Organization for the Provision of Healthcare Services), especially by the latter’s evident economic and operational weakness and the serious lack of liquidity.
EOPYY’s cuts, along with further reductions in real estate values due to the continuing decrease in real estate prices and significant reductions in shares values, jointly compound an exterminating amalgam for the companies of our industry. An amalgam that appears for 4 years in a row and I do wish this is the last one.
Our strategy to invest in cutting-edge technology and offer the best healthcare services to all those who choose and trust us shall continue. At the same time, we shall continue to create healthy cooperations and design purposeful actions within the framework of our Corporate Social Responsibility.
Please see below the table with the economic data of the Group and the mother company.
The financial statements shall be posted on the websites of Athens Stock Exchange (www.ase.gr) and IASO (www.iaso.gr)