Pursuant to the provisions of the Rules of the Ljubljana Stock Exchange and valid legislation, Intereuropa, d. d. hereby publishes the following announcement:

Koper, 6 March 2020 At today’s session, the Supervisory Board was briefed on unaudited information regarding the business results of the Intereuropa Group in 2019. The Group recorded a 14% increase in EBITDA and further reduced its debt in 2019.

Based on unaudited figures, the Intereuropa Group generated EUR 160.4 million in sales revenue last year, similar to the level recorded in 2018, when sales revenue reached its highest level of the last six years. It generated EBITDA of EUR 13.9 million, an increase of 14% relative to 2018. Earnings before interest and taxes (EBIT) amounted to EUR 7.2 million, an increase of 22% relative to 2018. The Intereuropa Group generated a net profit of EUR 3.9 million in 2019, a decrease of 6% relative to 2018.

The Group continued to reduce its debt. Net debt amounted to EUR 53.5 million at the end of 2019, a decrease of EUR 6.7 million relative to the end of 2018. This was seen in an improvement in the net debt / EBITDA ratio, which stood at 3.9 at the end of 2019.

Intereuropa’s operations were characterised in 2019 by the sale of a majority holding of the shares of Intereuropa, d. d. to Pošta Slovenije, d. o. o. As the result of that sale, Intereuropa, d. d. gained a strategic owner whose capital strength will facilitate the continued development of the Intereuropa Group.

This announcement will be published on SEOnet and on the website of Intereuropa at www.intereuropa.net for a minimum of 5 (five) years from the date of publication.