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Athens News Agency: News in English, 10-06-07
CONTENTS
[01] Intracom Telecom reports lower 2009 results
[01] Intracom Telecom reports lower 2009 results
(ANA-MPA) -- Intracom Telecom, Greeceās largest telecoms equipment
maker, which is jointly owned by the Russian Group Sistema and Intracom
Holdings, on Monday reported lower 2009 results.
Consolidated sales totaled 297.51 million euros last year, down from
373.97 million euros in the previous year, a decline of 20.4 pct, while
gross earnings fell to 62.88 million euros, down 11.4 pct from 2008.
The gross profit margin rose to 21.1 pct.
Operating pre-tax earnings fell 50.4 pct to 7.22 million euros in 2009
and consolidated pre-tax and after financial expenses results showed a
loss of 1.92 million euros, after earnings of 2.57 million euros in
2008. After-tax and minorities losses totaled 4.35 million euros, more
than double compared with a loss of 2.02 million euros in 2008.
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