MIG announced an increase in its EBITDA to 138.7 million euros in the January-September period

MIG on Wednesday announced an increase in its EBITDA to 138.7 million euros in the January-September period this year, from 136.8 million in the corresponding period in 2015. Consolidated EBITDA (including holding companies and non-repeat activities) totaled 113.7 million euros this year from 125.7 million in 2015, burdened by an extraordinary write off worth 14.5 million euros in liabilities of Marinopoulos Group.

Attica Group reported a 3.0 pct decline in consolidated sales to 216 million euros in the nine-month period, while consolidated EBITDA was 62.3 million euros, down from 72.9 million in 2015. The company plans to expand activities in new markets through the set up of a subsidiary in Morocco, linking Morocco with Europe.

Vivartia Group said adjusted EBITDA rose 16 pct to 48.7 million euros (excluding a 13.7 pct burden from a write off in liabilities of Marinopoulos Group). Vivartia Group companies maintained their leading position in fresh milk (33.2 pct market share in the January-September period), frozen vegetables (62.8 pct market share) and remains a leader milk production (27.8 pct market share) and in the restaurant/coffee business with 480 sales units.
Hygeia Group reported a 47 pct jump in EBITDA to 21.6 million euros, an 1.0 pct increase in sales and four percentage point increase in EBITDA margin to 12.9 pct.

Singular Logic Group said EBITDA fell 19 pct to 3.6 million euros (last year’s results had been boosted by the general elections in January 2015 and a poll in July 2015).