Attica Group Reports Consolidated Earnings and Operating Results for the First Half of 2016
Attica Group reported consolidated earnings and operating results for the first half of 2016. For the first half, the company reported revenues of EUR 109.63 million against EUR 108.87 million a year ago. Earnings before interest, taxes, investing and financial results, depreciation and amortisation (EBITDA) were EUR 21.66 million against EUR 19.03 million a year ago. Earnings before interest, taxes, investing and financial results (EBIT) was EUR 9.80 million compared to EUR 7.28 million a year ago. Loss after tax was EUR 2.20 million compared to EUR 5.84 million a year ago.
For the first half, the group reported increased traffic volumes in freight units, 8.9%, in private vehicles 10.5% and decreased traffic volumes in passengers, 4.2%. Sailings increased by 6.4% compared to the first half of 2015.