In accordance with the provisions of the Ljubljana Stock Exchange Rules (Ljubljanska borza d.d., Ljubljana) and the applicable legislation in force, the Company INTEREUROPA d.d., Koper is issuing this release:

Koper, 18 May 2016. In today's session, the Supervisory Board was informed on the unaudited report for the Intereuropa Group in the term January-March 2016, in which the Group generated EUR 33.7 million of sales revenue and surpassed the result of the same term 2015 by 4 percent and exceeded the plan by 2 percent.  The EBITDA result came to EUR 3.3 million and the Group recorded EUR 1.7 million of operating profit, which was nearly a double of the last year’s achievement.

In the first quarterly term, the Intereuropa Group scored EUR 33.7 million of sales revenue and achieved a 4 percent growth over the comparable period last year and exceeded the plan by 2 percent. Our Logistics Solutions Area was the highest growing area and 16 percent above the result of the comparable term a year ago. The sales revenue also increased in our Land Transport Area, resulting from the growth in rail-freight that was recorded by our Ukrainian subsidiary, and from our services to customers in domestic transport and groupage segments. Our Intercontinental Transport Area achieved growth in the sea-freight container transport and in 'Ro-Ro' segments for Slovenia. Most of our services performed better than planned; railfreight and sea-freight container segments were the best performing ones.

The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) came to EUR 3.3 million. The Operating Profit at EUR 1.7 million was almost the double of the comparable term last year, and the profitability of sales revenue (EBIT margin) was greatly improved: from 2.6 last year it rose to 5.0 percent.

The reporting term closed with a Net financial debt at EUR 80.8 million.

The Financing Loss at -0.9 million EUR was attributable to net interest expenses and to foreign exchange losses (EUR 0.3 million), which primarily originated from depreciation of the Ukrainian currency. The Group closed the reporting term with a Profit of EUR 0.7 million, which was 25 percent above the plan. 

The Press Release will be published at the SEO-net and on the web site of INTEREUROPA d.d., at www.intereuropa.si for no less than 5 (five) years.