16/10/2009 10:08
The Board of Directors of Logicom will meet on October 29 to examine its nine-month results.
As already announced, “taking into account the negative impacts from the drop in the turnover due to the general economic conditions and the expenditure for projects of future profit on the one hand, and the positive exchange impacts on the other, it is estimated that the Group’s profitability for the first nine months of 2009 will be lower compared to the profitability of the corresponding period of 2008”.
In 2008, LOG achieved profits of €5.9 million. In the first nine month of the same year, its profits stood at €5 million.
As already announced, “taking into account the negative impacts from the drop in the turnover due to the general economic conditions and the expenditure for projects of future profit on the one hand, and the positive exchange impacts on the other, it is estimated that the Group’s profitability for the first nine months of 2009 will be lower compared to the profitability of the corresponding period of 2008”.
In 2008, LOG achieved profits of €5.9 million. In the first nine month of the same year, its profits stood at €5 million.
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