OPAP, Greece’s leading game operator and Europe’s largest betting firm, has released its Q1 2016 financial statement, which shows that revenues fell by 4.4 percent, coming in at 340.7 million euros compared to 356.3 million euros for the same quarter last year.
Greek jewelry and fashion accessory designer and retailer Folli Follie’s Q1 2016 financial results revealed that the group’s consolidated revenue reached 293.7 million euros versus 268.6 million euros last year, an increase of 9.3 percent.
Property developer Lamda Development has released its Q1 2016 interim financial statement which shows that the group made profits of 1.6 million euros compared to 1.4 million euros for the same period last year, representing an increase of 14.3 percent.
Aegean Airline’s Q1 2016 financial results, released on Thursday, showed that net losses for the period stood at 21.5 million euros compared to 8.3 million euros last year, resulting in losses increasing by 157 percent.
Motor Oil Hellas has released its interim Q1 2016 results, which show that the group’s net operating profits stood at 48.7 million euros versus 41.7 million euros for the same quarter last year, an increase of 16.7 percent.
Greece’s largest power company, the majority state-owned Public Power Corporation (PPC), released its interim Q1 2016 financial statement on Thursday, showing that turnover fell by 8.8 percent in the quarter compared to the same time last year.
Grivalia Properties has released their Q1 2016 financial statement, showing that the group made a net profit of 10.6 million euros in the first three months of the year.
Coca-Cola HBC AG announced its Q1 2016 trading update on 13 May 2016, showing that the financial year got off to a good start for the company.
Titan Group posted their Q1 2016 financial report on Thursday, showing that, as with their end of year financial report for 2015, their presence in the US market continued to be a strong contributor to their overall growth.
Greece’s largest oil refiner, Hellenic Petroleum, beat forecasts on Wednesday for its Q1 2016 financial results and posted an adjusted EBITDA of 169 million euros, down 17 percent from the same period last year as opposed to the almost 20 percent drop forecast by analysts.