Glossary entry

English term or phrase:

underlying net profit increase

Greek translation:

η πραγματική /υποκείμενη αύξηση των καθαρών εσόδων

Added to glossary by Ioanna Daskalopoulou
Apr 12, 2011 15:54
13 yrs ago
English term

underlying net profit increase

English to Greek Bus/Financial Retail
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Apr 17, 2011 16:15: Ioanna Daskalopoulou Created KOG entry

Proposed translations

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η πραγματική /υποκείμενη αύξηση των καθαρών εσόδων

What Does Underlying Profit Mean?
A term used to describe the actual reflection of a company's profit. The underlying profit is not the required accounting profit that is recorded on financial statements and documents mandatory to follow preset rules and regulations. This number is calculated by the company to show what they believe to be an accurate reading of the company's profit position and may exclude one time charges or infrequent events.
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