Quest Holdings S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2020
September 10, 2020 at 02:30 pm IST
Share
Quest Holdings S.A. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was EUR 156.179 million compared to EUR 133.182 million a year ago. Operating income was EUR 9.873 million compared to EUR 9.500 million a year ago. Net income was EUR 7.014 million compared to EUR 5.918 million a year ago. Basic earnings per share from continuing operations was EUR 0.1964 compared to EUR 0.1656 a year ago. For the half year, sales was EUR 303.927 million compared to EUR 258.178 million a year ago. Operating income was EUR 18.147 million compared to EUR 17.217 million a year ago. Net income was EUR 11.369 million compared to EUR 10.330 million a year ago. Basic earnings per share from continuing operations was EUR 0.3183 compared to EUR 0.289 a year ago.
Quest Holdings S.A. is specialized in the distribution of computer and telecommunications products. In addition, the group offers IT, postal and financial services. Net sales are divided across the following activities:
- distribution of computer and telecommunications products (65.3%): PCs, laptops, tablets, printers, telecommunications equipment, smart objects etc. Quest Holdings S.A. also manages the "you.gr" e-commerce platform;
- IT services (16.1%): design and implementation of integrated IT solutions; development of cloud-based applications; systems integration; development of digital communications and e-commerce platforms; development of enterprise application software; consulting services for company digital transformation, etc;
- mail and parcel delivery services (14.3%);
- development of electronic payment solutions (3.4%; business sold in September 2021): in particular, development and management of point-of-sale terminals;
- renewable energy production (0.9%).
Net sales are distributed geographically as follows: Greece (79.3%), rest of Europe (20.4%) and others (0.3%).
QUEST HOLDINGS S.A. 
