THE Elektor announces the key financial figures of the 1st Quarter of 2024.

The results of the 1st Quarter of 2023, with which those of the 1st Quarter of 2024 are compared, are presented separately in Continuing Operations (SSO) and Discontinued Operations (SSO); the latter include AKTOR ΑΤΕ.

Detailed Group financial figures for the 1st Quarter 2024

 Sales of €90 million, at approximately the same levels as the sales of the 1st Quarter. ’23 from SD.

 Earnings before Interest Taxes and Depreciation (EBITDA) €51.3 million, an increase of 15% (3M’23 SD €44.7 million), with an EBITDA margin of 57%,
against a margin of 49% in the corresponding period last year.

 Profit before Taxes (EPT) €32.1 million, an increase of 58% (3M’23 FY €20.4 million)

 Net Profits €24 million compared to SD profits of €13.2 million in the corresponding period last year, an increase of 82%.

 Positive Operating Cash Flows of €35.6 million.

 Group net liquidity: €493 million on 31.03.2024 compared to €308 million on 31.12.2023.

 The cash available and immediately liquidable assets of the Group amounted to €707 million on 31.03.2024 compared to €521 million at the end of 2023.

 Total Equity exceeds €1 billion (€1,004.4 million), i.e. €2.89 per share.