Varvaressos S.A. European Spinning Mills announced earnings results for the year 2013. For the year, the company's turnover reached EUR 17.84 million compared to EUR 15.28 million in 2012. EBITDA have reached EUR 11.50 million contrary to losses EUR 1.94 million during the same period of 2012.

Profits after taxes was EUR 9.47 million compared to losses after taxes of EUR 4.33 million in 2012.