LJUBLJANA (Slovenia), March 8 (SeeNews) – Slovenian logistics company Intereuropa [LJE:IEKG] said on Thursday it recorded a consolidated net loss of 1.6 million euro ($2.0 million) in 2017, unchanged from a year earlier.
The result was attributed to the effects of fixed assets revaluation – in particular of real estates, which were made based on fair value appraisals of real estates in all members of the Intereuropa Group, it said in a Ljubljana bourse filing.
Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) achieved at 13.2 million euro remained on the level of 2016, while sales turnover gained 11% on the year to 150 million euro.
Intereuropa's net financial debt was reduced by 6.4 million euro or 9%, to 67.1 million euro at the end of December 2017.
($=0.8079 euro)