InterEuropa d.d. Announces Consolidated Earnings Results for the Year 2011; Provides Earnings Guidance for the Year 2012
February 27, 2012 at 10:52 am EST
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InterEuropa d.d. announced consolidated earnings results for the year 2011. For the period, the company reported net loss to EUR 7.6 million against EUR 39.2 million a year ago. EBITDA was EUR 22.7 million, in the review period, 4.0% above plan and 5.0% more than a year ago. Group sales revenues rose to EUR 211.9 million in 2011 from EUR 191.5 million a year earlier. The group's investment spending in 2011 totaled EUR 2.648 million, including EUR 1.845 million invested in real estate and EUR 476,000 in intangible assets.
The company also provided earnings guidance for the year 2012. For the period, the company expects net sales turnover of EUR 192 million n 2012 with EBITDA seen at EUR 23.2 million and operating profit at EUR 13 million.
Intereuropa dd is a Slovenia-based company engaged in the provision of logistic services. The Company provides its services in three divisions: Land Transport, covering groupage, express transport, road transport, railway transport, customs services and distribution of spare parts; Intercontinental transport, including air transport, sea freight, shipping agency and automobile logistics; and Logistics solutions division, involved in the storage, distribution and logistics projects. As of December 31, 2011, the Company operated through 16 subsidiaries and one joint venture in such countries as Slovenia, Croatia, Bosnia and Herzegovina, Macedonia, Serbia, Kosovo, the Russian Federation, Ukraine, Montenegro, Albania, Germany and France.
INTEREUROPA, D. D. 
