Financial Statements and Operations Results 2020
The Company Michail Arabatzis S.A. Industrial And Commercial Food company continued to perform well during 2020 achieving the long-term goals set by company's management.
Company's turnover increased by 0,6% reaching €83,6 million compared to €83,1 million the previous year.
Earnings before interest, tax, depreciation and amortization (EBITDA) at €13,1 million (-1,5%) compared to €13,3 million the previous year.
Financial Results | |||
| Amounts in th. € | 31/12/2020 | 31/12/2019 | % Var. |
| Net Sales | €83.589 | €83.100 | 0,59% |
| EBITDA | €13.060 | €13.255 | -1,47% |
| Pretax Income (ΕΒΤ) | €9.900 | €10.361 | -4,45% |