Flexopack reports higher Q1 results

Flexopack on Thursday reported higher first quarter results, with turnover rising 16.93 pct to 11.934 million euros in the January-March period compared with the same period last year.
The Greek-listed packaging company, in a report, said its EBITDA totaled 2.013 million euros in the first three months of the year, up 13.46 pct from 2010, while pre-tax earnings rose 10.40 pct to 1.273 million euros. After tax and minorities earnings jumped 20.17 pct to 1.026 million euros from 854,000 euros in the same period last year.