The joint controlled company IRIS PRINTING SA (www.irisprinting.gr) is the industrial printing arm of Lambrakis
Press. The company is currently the largest and most up-to-date vertically integrated
industrial printing complex in Greece and south eastern Europe.
The company's business activity covers all stages of industrial printing of newspapers,
magazines, advertising leaflets and a wide variety of print outs. Today, IRIS PRINTING
SA prints, binds, inserts, finishes and packages a large number of printed
media of various specifications, including daily and weekly newspapers, magazines,
advertising material and specialty leaflets.
The company's productive capacity is installed in a vertically integrated state-of-the-art
printing plant in Koropi, Attica covering the full range of printing activities.
The following table shows the company's summary financial data for the last two
years:
SUMMARY FINANCIAL DATA
(million euros)
|
2008
|
2009
|
Total assets
|
184,3
|
167,5
|
Total equity
|
80,5
|
80,0
|
Turnover
|
111,0
|
103,9
|
Earnings before tax
|
-4,9
|
-0,3
|
Earnings after tax
|
-5,0
|
-0,5
|
The company is proportionally consolidated (50%) in the consolidated financial statements
of
Lambrakis Press S.A.
.