In the 5th session the Supervisory Board of Intereuropa d.d., held on August 27th 2010, the Supervisory Board dealt with the Business Report by the Managing Board for the First Half-Year 2010, in which the Group achieved EUR 91.6 million net sales revenues, EUR 6.3 million operating profit and a net profit of EUR 7.1 million. The best sales result was achieved in the Land Transport Area, which accounted for 61% in the sales revenue structure and recorded a 10-percent growth of sales revenue over the comparable period a year ago.

The Supervisory Board dealt with the Business Report of the Managing Board for the Intereuropa Group in the term January-June 2010, which shows that the Intereuropa Group achieved a net sales turnover of EUR 91.6 million, which was 2% lower than in the comparable term last year. The best sales result was achieved in the Land Transport Area, which accounted for 61% in the sales revenue structure and recorded a 10-percent growth of sales revenue over the comparable period a year ago.

The Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) on the Group level came to EUR 13.6 million and outstripped the target by 16%. Excluding the one-off transactions (the proceeds from the sale of fixed assets, other one-off transactions), the EBITDA would be EUR 7.4 million or 31 percent higher than in the first half-year of the preceding year. The operating result came to EUR 6.3 million and was twice higher than planned. After the one-off transactions are excluded, the operating result is higher by EUR 1.9 million than the comparable achievement last year. The financing result came to EUR 2.7 million. The Profit or Loss from ordinary activities came to EUR 9.0 million. After tax, the Net profit for the reporting period came to EUR 7.1 million.

The sales revenue of the parent company Intereuropa d.d. earned in the first half-year came to EUR 46.9 million. The operating result was EUR 4.1 million and exceeded the plan, which can be largely attributed to the gains from the sale of real property. Excluding the one-off transactions, the Company would have achieved EUR 214 thousand of operating profit, which exceeds the achievement of the same period 2009 by EUR 2.3 million.
The net profit achieved by the Company Intereuropa d.d. in the first half-year 2010 came to EUR 0.7 million.

Investing activities in the first half-year were realized at 16 percent of the plan; the investments in fixed assets totalled EUR 1.4 million on the Group level. Concurrently, two real properties in Ljubljana were sold as scheduled in the Strategic business plan of the Intereuropa Group for the term 2010 – 2014, and the property in Sežana was disposed of after the half-year cut-off date, which means that the disinvesting process has started.

In the follow-up, the Managing Board and Supervisory Board adopted their viewpoint regarding the establishment of a logistics holding, in which they outlined their reservations on the project.