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CHIPITA INTERNATIONAL S.A.
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1st Half 2006 financial results
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August 28, 2006 Group Consolidated Results. For the period from 01/01 to 30/06/2006. Highlights of the results - Sales increased by 20%, from euro134,9 mil. to euro161,9 mil. - Operating EBITDA increased by 46.7% from euro14,9 mil. to euro21,9 mil. - Total EBITDA increased by 10.6% from euro21,1 mil. to euro23,4 mil. - Net profit after tax and minority interest increased by 9.5%, from euro2,9 mil. to euro3,2 mil.The financial results of the Group continued to reflect an improving trend during the 2nd Quarter 2006, in alignment with the budget for the same period. The key factor that facilitated this improvement was the significant sales increase in all major countries in which the Group operates, particularly Greece, Romania, Poland and Egypt. The lower increase of total EBITDA and net profit, compared to the significant increase of sales & Operating EBITDA, is mainly attributable to the inclusion of non-recurring income items in EBITDA for the 1st Semester 2005, amounting to euro4.6 mil. The condensed Financial Statements for 1st Semester 2006 will be published on Tuesday 29 August 2006. The full set of Financial Statements will be available in the Company’s web site (www.chipita.com), from the same date. For further information : Artemis Dousia e-mail: dousia@chipita.com tel. 2102885150 Konstantinos Apostolidis e-mail: apostolides@chipita.com tel. 2102885422
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