Quest Holdings S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
September 08, 2022 at 05:00 am EDT
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Quest Holdings S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EUR 240.7 million compared to EUR 221.52 million a year ago. Net income was EUR 10.73 million compared to EUR 13.18 million a year ago. Basic earnings per share from continuing operations was EUR 0.192 compared to EUR 0.115 a year ago. Basic earnings per share was EUR 0.1935 compared to EUR 0.1219 a year ago.
For the six months, sales was EUR 478.76 million compared to EUR 426.55 million a year ago. Net income was EUR 20.69 million compared to EUR 24.39 million a year ago. Basic earnings per share from continuing operations was EUR 0.1923 compared to EUR 0.1969 a year ago. Basic earnings per share was EUR 0.1935 compared to EUR 0.2232 a year ago.
Quest Holdings S.A. is specialized in the distribution of computer and telecommunications products. In addition, the group offers IT, postal and financial services. Net sales are divided across the following activities:
- distribution of computer and telecommunications products (65.3%): PCs, laptops, tablets, printers, telecommunications equipment, smart objects etc. Quest Holdings S.A. also manages the "you.gr" e-commerce platform;
- IT services (16.1%): design and implementation of integrated IT solutions; development of cloud-based applications; systems integration; development of digital communications and e-commerce platforms; development of enterprise application software; consulting services for company digital transformation, etc;
- mail and parcel delivery services (14.3%);
- development of electronic payment solutions (3.4%; business sold in September 2021): in particular, development and management of point-of-sale terminals;
- renewable energy production (0.9%).
Net sales are distributed geographically as follows: Greece (79.3%), rest of Europe (20.4%) and others (0.3%).
QUEST HOLDINGS S.A. 
