HELLENIC SEAWAYS S.A.

RESULTS OF FIRST NINE-MONTHS PERIOD 2017

 

For the nine-month period 2017, HELLENIC SEAWAYS S.A. announces the basic consolidated date of its results, where its turnover amounted to € 110.9 million compared to € 115.2 million in the nine-month period of 2016, while EBITDA amounted to € 20.2 million against € 22.7 million in the corresponding nine-month period of 2016. Net profit after tax amounted to € 12.5 million against € 10.1 million of the same period last year.

Despite the significant increase in fuel prices in the year 2017, the Company expects its final results for the 2017’s twelve months, to move to similar levels. The Company confirms the positive path of its financial performance over the last 4 years.

 

Piraeus, November 27, 2017