Plaisio Computers S A : Presentation HY 2021 (pdf)
September 22, 2021 at 03:32 am EDT
Share
Financial Results of the period 01.01-30.06.2021
Revenue
EBITDA
400
350
300
250
200
150
100
50
0
283 286 309 317
355
199
149
16
13,6
13,3
14
10,1
10,7
12
9,5
10
6,6
8
5,3
6
4
2
0
8
7
6
5
4
3
2
1
0
2016 2017 2018 2019 20206M 2020 6M 2021
7,3
EBT
6,6
6,1
3,0
3,6
1,9
0,5
2016
2017
2018
2019
2020
6M 2020
6M 2021
2016
2017
2018
2019
2020
6M 2020
6M 2021
EAT
6
5
4,9
4,5
3,9
4
3,1
3
1,9
2
1,4
1
0,3
0
2016
2017
2018
2019
2020
6M 2020
6M 2021
Evolution of key B/S figures (amounts in € ml)
250
200
150
100
50
0
70
60
50
40
30
20
10
0
Total Assets
199
229
216
98
96
94
147
155
154
92
90
88
86
84
82
80
2016
2017
2018
2019
2020
30.06.2021
Cash & Equivalents
58,5
42,8
49,9
40,8
39,2
39,2
2016
2017
2018
2019
2020
30.06.2021
Total Equity
95,7 96,0
93,1 93,4
90,3
86,4
2016 2017 2018 2019 2020 30.06.2021
20
Bank Loans
18,9
18
17,4
15,5
16
12,9
14
11,3
12
8,9
10
8
6
4
2
0
2016
2017
2018
2019
2020
30.06.2021
Consolidated P&L (amounts in € ml)
01.01-
01.01-
30.06.21
30.06.20
Δ%
Revenue
199,2
148,6
34,1%
EBITDA
6,6
5,3
24,2%
% EBITDA margin
3,3%
3,6%
-0,3
EBIT
3,0
1,6
96,0%
% EBIT margin
1,5%
1,0%
0,5
EBT
1,9
0,5
281,5%
% EBT
1,0%
0,3%
0,6
EAT
1,4
0,3
331,8%
%EAT
0,7%
0,2%
0,5
Consolidated sales at € 199,2 m. with a strong double- digit increase (+34,1%). The percentage increase in sales, was 25,2%, excluding the effect of the subsidized sales under the program "Digital Access".
Limited decline in EBITDA margin and improvement in bottom line margins.
EBITDA and EBIT significantly increased by 24% and 96% to € 6,6 m. and € 3,0 m., respectively.
Three-digit percentage increase in EBT, to € 1,9 m..
Quadrupling of EAT, due to a relatively limited increase in taxes, to € 1,4 m..
Consolidated Balance Sheet (amounts in € ml)
30.06.2021
31.12.2020
Δ%
Tangible assets
34,0
35,0
-3,0%
Right-of-Use Assets
29,9
34,2
-12,7%
Intangible assets
2,1
2,1
2,3%
Other non-current assets
5,6
5,2
7,0%
Inventory
69,5
61,3
13,5%
Accounts Receivables
28,0
27,3
2,8%
Other current assets and
Cash equivalents
47,3
63,7
-25,8%
Total Assets
216,3
228,8
-5,4%
Total Debt
17,4
18,9
-8,0%
Total Lease Liabilities
34,3
36,6
-6,4%
Other Short Term Liabilities
61,4
70,0
-12,3%
Other Long Term Liabilities
7,3
7,5
-2,9%
Total Liabilities
120,3
133,1
-9,6%
Shareholders' Equity
96,0
95,7
0,3%
Increase in inventory by a low double-digit percentage and in accounts receivables by a single-digit percentage.
Cash equivalents at € 39,2 m., leading to negative net borrowing of € 21,8 m..
Consistent strengthening of the capital base of the Group with the Equity amounting to € 96,0 m..
According to the above, satisfactory improvement in the leverage ratio (Debt to Equity) from 1,39 to 1,25.
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Plaisio Computers SA published this content on 22 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2021 07:31:11 UTC.
Plaisio Computers SA is a Greece-based company that assembles and trades personal computers (PCs), telecommunication and office Equipment. The Company has three main segments of operation, product categories, namely: Office products, PCs and Digital Technology products, as well as Telecommunications products. In addition the Company has two more segments, the provision of service for the PCs and the provision of transportation services, included in the category, Other. Its products are distributed through a network of stores in Greece and Bulgaria and through the distribution of catalogues, as well as electronic stores. The Company has one wholly owned subsidiary, Plaisio Computers JSC, in Bulgaria.
PLAISIO COMPUTERS S.A. 
