24-05-2012
Modification of Financial Calendar 2012
ELVALHALCOR
13-03-2015
Press Release Regarding 2014 GROUP Financial Result
Friday, March 13, 2015
Throughout 2014, and especially in the second quarter, recovery in the Eurozone remained
anaemic. The Greek market, after almost six years of depression, exhibited signs of
stabilisation. In contrast the economy of the U.S. showed further signs of improvement, a fact
that the Group exploited increasing its presence in this market.
In this challenging environment, consolidated turnover in 2014 amounted to EUR 1,080 million
against EUR 1,102 million in 2013, a decrease of 2.0%. The decrease was due to the decline in
the price of copper in comparison to the previous year, but also due to the reduced conversion
prices in certain product categories. On the contrary the volume of sales marked a significant
increase of 6.7% with most product categories showing an increase, except copper bus bars,
the sales of which were on a decline as a result of the stagnation of demand for the specific
products and the resulting increased competition.