Korres profits in H1 2016 up 91%

Wednesday, 31 August 2016 19:08
UPD:19:12

Korres’ biggest export markets remained the United States, UK, Germany and Norway. 

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Net profits for Greece-based cosmetics manufacturer Korres increased by 91 percent in the first half of the year, yoy, reaching 2.2 million euros, up from 1.1 million euros in the corresponding period of 2015.

EBITDA totaled 5.8 million euros, slightly up from 5.7 million euros.

Consolidated sales increased by 2 percent, to 31 million in H1 2016, yoy.

Korres’ biggest export markets remained the United States, UK, Germany and Norway. 

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