{"id":5169,"date":"2018-05-22T12:22:36","date_gmt":"2018-05-22T12:22:36","guid":{"rendered":"http:\/\/autohellas.gr\/?p=5169"},"modified":"2019-02-04T12:22:57","modified_gmt":"2019-02-04T12:22:57","slug":"autohellas-financial-highlights-q1-2018-2","status":"publish","type":"post","link":"https:\/\/www.autohellas.gr\/en\/autohellas-financial-highlights-q1-2018-2\/","title":{"rendered":"Autohellas Financial Highlights Q1 2018"},"content":{"rendered":"<h1>Positive momentum in turnover and significant improvement in operating profitability in seasonally weak first quarter<\/h1>\n<p style=\"font-weight: 400;\">Autohellas announces the results of the first quarter of 2018, showing a significant increase of 53.7% in consolidated revenue, which amounted to\u00a0<strong>\u20ac96.9<\/strong>mil. compared to \u20ac63.0 mil. in 2017.<\/p>\n<p style=\"font-weight: 400;\">Car rental revenue in Greece and abroad, the Group&#8217;s core business, increased by 14% in the first quarter of 2018 and reached \u20ac 33.5 mil. from \u20ac 29.4 mil. in 2017. This momentum, in tourism\u2019s weakest quarter, comes mainly from corporate leases. Additionally, fleet used car disposals reached \u20ac 10.3 mil., an increase of 19%.<\/p>\n<p style=\"font-weight: 400;\">At the same time,\u00a0car trade and services, boosted by the slight recovery of the market but also by the acquisition and incorporation, since 31\/12\/2017, of the importing and distribution activities of HYUNDAI &amp; KIA, added a total of\u00a0<strong>\u20ac 53.0 mil.<\/strong>\u00a0to the Group&#8217;s revenue compared to \u20ac 24.9 mil. in 2017 and contributed positively to the operating result.<\/p>\n<p style=\"font-weight: 400;\">Earnings before interest, tax, depreciation and amortization (<strong>EBITDA<\/strong>) increased by\u00a0<strong>30,3%<\/strong>, reaching\u00a0<strong>\u20ac24,5 mil.<\/strong>, while earnings before interest and tax (<strong>\u0395\u0392\u0399\u03a4<\/strong>) increased by\u00a0<strong>81,1%<\/strong>, reaching\u00a0<strong>\u20ac6,7\u00a0<\/strong><strong>\u03b5\u03ba<\/strong><strong>.<\/strong>\u00a0Finally, the Group\u2019s consolidated earnings after tax (<strong>\u0395\u0391\u03a4<\/strong>) for Q1 2018 reached \u20ac1,6 mil. compared to \u20ac0,2 mil. in the same period last year.<\/p>\n<p style=\"font-weight: 400;\"><strong>CONSOLIDATED RESULTS HIGHLIGHTS:<\/strong><\/p>\n<p><a href=\"https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/financial_statement_2018_1st_Quarter_EN.bmp\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-4910\" src=\"https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/financial_statement_2018_1st_Quarter_EN.bmp\" alt=\"\" width=\"706\" height=\"262\" \/><\/a><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-4912\" src=\"https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/q12018-financialstatement-EN.png\" alt=\"\" width=\"600\" height=\"880\" srcset=\"https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/q12018-financialstatement-EN.png 731w, https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/q12018-financialstatement-EN-205x300.png 205w, https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/q12018-financialstatement-EN-698x1024.png 698w, https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/q12018-financialstatement-EN-136x200.png 136w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-4914\" src=\"https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/q12018-cashflow-EN.png\" alt=\"\" width=\"600\" height=\"738\" srcset=\"https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/q12018-cashflow-EN.png 872w, https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/q12018-cashflow-EN-244x300.png 244w, https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/q12018-cashflow-EN-768x945.png 768w, https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/q12018-cashflow-EN-832x1024.png 832w, https:\/\/www.autohellas.gr\/wp-content\/uploads\/2019\/01\/q12018-cashflow-EN-163x200.png 163w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Positive momentum in turnover and significant improvement in operating profitability in seasonally weak first [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":4289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.2 - 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