Orapi Reports Earnings Results for the Six Months Ended June 30, 2016
Orapi reported earnings results for the six months ended June 30, 2016. For the period, the company reported turnover of €133,575,000 against €147,891,000 a year ago. EBITDA was €6,555,000 against €5,524,000 a year ago. Current operating income was €2,707,000 against €1,821,000 a year ago. Operating income was €1,762,000 against operating loss of €91,000 a year ago. Net result negative was €451,000 against 1,907,000 a year ago. Cash flow amounted to €3.1 million in first half 2016 against €1.1 million in 2015.