Following the announcement of Sarantis Group 2018 Financial Calendar dated March 08 2018, the company informs of the amendment regarding the dates of the conference call, the Annual General Meeting and the Dividend payment.
GR. SARANTIS S.A. as part of its obligations, to inform the investor community, andin accordancewith the paragraphs 4.1.2and 4.1.4.3.1.,of the Athens Stock Exchange regulation, announcesitsFinancialCalendarfor2018: March 27th 2018: 2017 Annual Financial Results release.
Sarantis Group completed the acquisition of Indulona, a cosmetics brand with presence in Slovakia and Czech Republic. More specifically, Sarantis Group signed an agreement for the acquisition of the 100% of the share capital of the Slovakian company SANECA TRADE S.
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 has entered into an agreement to acquire ERGOPACK GROUP in Ukraine. More specifically, GR. Sarantis Cyprus Ltd, a 100% subsidiary of GR. SARANTIS S.A., signed an agreement for the acquisition of 90% of the share capital of the Ukrainian company Ergopack LLC.
Sarantis Group will release the FY2017 consolidated financial results, according to the following schedule: Tuesday March 27th 2018 after ASE closing – Results Release, which will be available in the Athens Stock Exchange web page (www.
IMPROVING SALES BY 6.3% EBIT UP BY 6.6% ON TRACK TO MEET GUIDANCE The Group’s Nine Months of 2017 financial figures were in line with management’s expectations and therefore the Group is on track to meet its targets for the year 2017.
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.