Varvaressos S.A. European Spinning Mills announced earnings results for the three month period of 2015. For the period, the company reported that turnover reached EUR 5.20 million compared to EUR 4.95 million a year ago. Losses before depreciation (EBITDA) have reached EUR 378,360 contrary to losses EUR 344,960 during the same period of 2014.

Losses after taxes reached to EUR 654,900 compared to losses of EUR 806,800 a year ago.