Flexopack Société Anonyme Commercial and Industrial Plastics Company reported group and company earnings results for the year ended December 31, 2012. For the period, on a group basis, the company reported turnover of EUR 54,068,000 compared to EUR 47,473,000 a year ago. Operating income was EUR 4,793,000 compared to EUR 4,368,000 a year ago. Earnings before taxes were EUR 4,375,000 compared to EUR 3,894,000 a year ago. Earnings after taxes were EUR 3,512,000 compared to EUR 3,084,000 a year ago. Earnings allocated to Shareholders of the parent were EUR 3,499,000 compared to EUR 3,101,000 a year ago. Basic Earnings per share was EUR 0.2985 compared to EUR 0.2646 for the same period a year ago. Net cash flows from operating activities were EUR 8,136,000 compared to EUR 3,871,000 a year ago. Purchases of tangible fixed assets were EUR 2,205,000 compared to EUR 1,851,000 a year ago. Purchases of intangible assets were EUR 213,000 compared to EUR 194,000 a year ago. For the period, on a company basis, the company reported turnover of EUR 53,404,000 compared to EUR 46,906,000 a year ago. Operating income was EUR 4,740,000 compared to EUR 4,388,000 a year ago. Earnings before taxes were EUR 4,337,000 compared to EUR 4,137,000 a year ago. Earnings after taxes were EUR 3,480,000 compared to EUR 3,325,000 a year ago. Earnings allocated to Shareholders of the parent were EUR 3,480,000 compared to EUR 3,325,000 a year ago. Basic Earnings per share was EUR 0.2970 compared to EUR 0.2837 for the same period a year ago. Net cash flows from operating activities were EUR 8,287,000 compared to EUR 3,759,000 a year ago. Purchases of tangible fixed assets were EUR 2,205,000 compared to EUR 1,808,000 a year ago. Purchases of intangible assets were EUR 213,000 compared to EUR 194,000 a year ago.

Flexopack Société Anonyme Commercial and Industrial Plastics Company will be removed from ATHEX Composite Index.

Flexopack reported group and consolidated earnings results for the first quarter of 2012. For the period, the company’s consolidated turnover amounted to €12,877 million, as compared to €11,934 million and the company's turnover to €12,885 million, as compared to €11,917 million, posting an increase of 7.90% and 8.12% respectively. EBITDA amounted at Group level to €1,924 million as compared to €2,013 million and at company level to €1,948 million as compared to €2,021 million, decreased by 4.42% and 3.61% respectively. EBT amounted for the Group to €1,103 million, as compared to €1,273 million and for the company to €1,182 million as compared to €1,305 million, decreased by 13.35% and 9.43% respectively. EAT amounted for the Group to €0.862 million as compared to €1,022 million and for the company to €0.949 million as compared to €1,053 million, posting a decrease by 15.65% and 9.87% respectively.