In the first quarter of 2015, the turnover of KLEEMANN Group increased. More specifically, the consolidated turnover amounted to 19,3 mln €, from 15,7 mln € in the corresponding period of 2014, with an increase of 23,0%.

The increase was presented both in international and domestic sales, as they have been increased by 23,3% and 21,5% respectively.

The consolidated gross profit amounted to 6,3 mln €, from 5,3 mln € in the corresponding period of 2014, with an increase of 17,8%, while the gross profit margin amounted to 32,6%, from 34,0%. Profit before tax amounted to 102 thous €, while the net profit margin amounted to 0,5% from 0,9% last year.

Moreover, the Group has positive net operating activities amounting to 1,9 mln €, and cash higher that its bank loans. More specifically, the net debt amounts to -7,4 mln €, while the ratio of equity to liabilities amounts to 1,9.

Furthermore, as it has been recently announced the Group has proceeded in establishing a new commercial subsidiary company in Zagreb, with the intent to strengthen its presence in the market of Croatia.As a result, the Group is present through its subsidiaries and representative offices in 14 countries, while the total number of employees has been increased to 1.032 persons from 963 in 31st of March 2014.

For the year 2015, the Management expects the Group to further improve its performance in terms of sales and profits, as well as its healthy liquidity, having always as key pillar its international expansion and the penetration of markets which present growth prospects.