The Board of OLTH SA approved today 12/3/2015 the Financial Report for the 31/12/2014.
The company’s turnover for 31/12/2014 amounted to 56,280,238€ from 51,560,096€ in 2013, increased by (9.15%), because of increased sales in all operational sectors sales of Container Terminal increased by 8.74%, Conventional port increased by 9.68%, while showed increases in sectors of Passengers Traffic12.99% and Exploitation of spaces 9.50%.
In the 31/12/2014 the unitized cargo (containers) handled 349,990 containers (in TEU), increased by 8.59% from the same period in 2013, increased by 12.16% in general cargo and increased by 14.97% in bulk cargo.
Total revenues increased by 4.71% from the same period in 2013, despite the reduction of financial income by 41.70% due to a significant drop in interest rates on invested assets of the company.
Total expenses decreased by 4.01% from the 31/12/2014, mainly by reducing the personnel wages and expenses by 7.86%.
Gross profit amounted to 27,977,902€ over 22,924,773€ in 2013 (+22,04%).
Earnings before taxes amounted to 28,388,514€ over 24,342,238€ 2013 (+16.62%), while after-tax results amounted to 21,300,404€ over 18,187,851€ (+17.11%).
The operating profit (EBITDA) for the 31/12/2014 amounted to 29,424,347€ (+25.16).