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, 9 March 2017. In today’s session, the Supervisory Board was informed of the performance of the Intereuropa Group in the year 2016.  The Intereuropa Group made a sales turnover of € 135.6 million from the sale of logistics services. Compared with the year 2015, the Group surpassed the operating result (EBIT) by 58 percent, while the Earnings before interest, tax, depreciation and amortisation (EBITDA) was 24 percent higher. 

In the financial year 2016, the Intereuropa Group achieved a sales revenue of € 135.6 million from the sale of services; the highest growth was recorded in the area of logistics solutions. Compared with the year ago, the total sales turnover was 15 percent higher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 24 percent to EUR 13.3 million. Moreover, the operating result (EBIT) increased by 58 percent, and reached the figure EUR 6.7 million in the year 2016.

The Profit / loss from ordinary activities came to EUR 4.1 million. The corporate income tax amounted to EUR 5.7 million and reduces the Profit/loss from ordinary activities. The highest impact on is attributed to the derecognition of the receivable for deferred tax in the Parent Company to the amount of EUR 4.9 million. The Intereuropa Group closed the financial year with EUR 1.6 million of net loss.

The Group reduced the net financial debt by 9 percent below the year ago and closed the year with the balance of EUR 73.5 million.  

The growing trends in key performance indicators (sales revenue, EBIT, EBITDA) in the year 2016 confirm the correct course of the corporate strategy and the quality of work of all employees of the Group.

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