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, 25 August 2016. In today's session, the Supervisory Board has dealt with the unaudited interim report for the Intereuropa Group in the term January-June 2016, in which the Intereuropa Group generated € 69.3 million of sales revenue and a net profit of € 2.0 million. In all relevant categories (sales revenues, EBIT, EBITDA, net profit), the Group exceeded both the targets and the last-year’s results.  

In the first half-year term, the Intereuropa Group scored EUR 69.3 million of sales revenue and achieved a 4 percent growth over the comparable period last year. The Group recorded the highest growth in the areas Logistics Solutions, followed by Land Transport, and Intercontinental Transport. 

The Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) of the reporting term at EUR 6.8 million was 30% higher than last year, and the operating profit at EUR 3.6 million outstripped the last year's result by 76%.  The profitability of sales revenues (EBIT margin) was greatly improved: from 3.1 last year it rose to 5.2 percent. 

The Financing Profit/Loss at -1.5 million EUR has resulted from net interest expenses and foreign exchange losses (EUR 0.2 million), which were primarily attributable to depreciation of the Ukrainian currency. The Group closed the reporting term with a net profit of € 2.0 million, and with a net financial debt at EUR 80.0 million.

The results achieved in the first half-year confirm the correctness of our corporate strategy and reflect the quality of logistics service. With full commitment, the Group will continue implementing the activities underlying for the goals set for this year. Activities will focus primarily on development of our current business and acquiring new opportunities to achieve growth in all markets, areas/segments and products of our core business. Our top-ranked goals remain maintaining or enhancing the profitability of operations. 

In today's session, the Supervisory Board appointed the external member of the audit committee, Mrs Barbara Nose. 

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.