KORRES Group reported consolidated earnings results for the first half of 2016. For the period, consolidated sales increased by 2%, to EUR 31.0 million from EUR 30.3 million in the corresponding period of 2015, as a result of the positive performance of the brand both in Greece and the international markets. Earnings before interest, tax, depreciation and amortization (EBITDA) improved to EUR 5.8 million from EUR 5.7 million in the respective period of 2015, as a result of sales growth and the gross profit margin improvement. Net profits after tax and minority rights, enhanced by 91% to EUR 2.2 million in first half of 2016 from EUR 1.1 million in first half of 2015. Operating cash flows doubled to EUR 3.2 million EUR 1.4 million at the same period of 2015, further strengthening the financial position of Korres Group.