In relation to the Decision No 646/2017 of the Anti-Trust Committee pursuant to an investigation in the cosmetics wholesale and retail market, that has imposed to GR. SARANTIS S.A. a fine of 1,939,849.
Sarantis Group will release the H12017 consolidated financial results, according to the following schedule: Wednesday July 26th 2017 after ASE closing – Results Release, which will be available in the Athens Stock Exchange web page (www.
Within the context of its strategic growth plan, both in its existing territory as well as new markets, Sarantis Group announces its partnership with Giannis Antetokounmpo, a renowned Greek professional basketball player of the National Basketball Association (NBA).
GR. SARANTIS S.A. CONSOLIDATED FINANCIAL RESULTS FULL YEAR OF 2016 SALES UP BY 18%, NET INCOME INCREASED BY 24% GENERATING FREE CASHFLOW, HEALTHY BALANCE SHEET The Group delivered another year of great performance demonstrating its resilient business model.
DELIVERING + 57% EPS GROWTH HEALTHY BALANCE SHEET ON TRACK TO MEET THE GUIDANCE During the first half of 2017 the Group delivered remarkable net income growth, while Group sales remained strong, despite the continuing political instability and uncertainty particularly in the Greek market, reflecting the strength of its brand portfolio and the increased penetration across its distribution channels.
DOUBLE-DIGIT TURNOVER AND PROFITABILITY GROWTH SALES UP BY 12% EBIT INCREASED BY 17% The Group’s First Quarter of 2017 financial figures mark a significant beginning for the year 2017. The Group delivered double digit growth in turnover and profitability demonstrating at the same time a significant improvement on profitability margins, despite the continuing uncertainty and political instability in the market.
During 2016 Sarantis Group continued to thrive against a backdrop of continuing political instability and economic challenges, outperforming across all business units and geographical regions. The Group delivered again double-digit growth in turnover and double-digit EPS growth.
GR. SARANTIS S.A. as part of its obligations, to inform the investor community, and in accordance with the paragraphs 4.1.2 and 184.108.40.206.1., of the Athens Stock Exchange regulation, announces its Financial Calendar for 2017: March 21st 2017: 2016 Annual Financial Results release.