Kathimerini English - - Front Page -

Athens-listed En­ter­soft SA an­nounced on Mon­day first-half turnover of 5.39 mil­lion euros, ver­sus 5.03 mil­lion euros last year. Its H1 2016 net profit came to 650,000 euros ver­sus 310,000 euros in 2015. It said that H1 growth is mainly the re­sult of an in­crease in do­mes­tic de­mand for en­ter­prises re­source plan­ning (ERP) sys­tems but also of its in­ter­na­tional units’ sales, which rose 50 per­cent. En­ter­soft sees fur­ther growth in turnover, as there is a num­ber of projects due to be com­pleted both in Greece and abroad. ever is needed to en­sure fi­nan­cial sta­bil­ity after a failed coup and crit­i­cized Stan­dard & Poor’s “hasty” move to cut the coun­try’s credit rating fur­ther into junk ter­ri­tory. At a news con­fer­ence to present the cen­tral bank’s quar­terly in­fla­tion re­port, Mu­rat Cetinkaya said it was too early to as­sess the im­pact of the abortive putsch on the Turk­ish econ­omy. “To be able to un­der­stand the im­pact of the in­ci­dent we have re­cently ex­pe­ri­enced in Turkey ... a suf­fi­cient amount of time needs to have passed and a suf­fi­cient amount of data and ob­ser­va­tions need to be col­lected,” Cetinkaya said. “We think it is still too early for this. I want to say that we, as the cen­tral bank, find the de­ci­sion re­cently taken by a rating agency as hasty.”

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