Titan Group: Turnover up, profits down for H1 2016

EconomyCorporates Tags: Construction, Corporates, Results
Photo via www.titan.gr
Photo via www.titan.gr

Titan Group’s H1 2016 results showed the company’s overall results had improved off the back of strong performance in their US operations as well as improved results generated in Egypt.

Consolidated turnover reached 723.8 million euros, posting a 7.6 percent increase compared to the first half of 2015. EBITDA increased by 13.5 percent to 119.5 million. There was a sharp decline in net profit after minority interests and the provision f...

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