Following twenty-one years of successful partnership, GR. SARANTIS S.A. announces the sale of its 49% participation in the JV with The Estée Lauder Companies for an aggregate price of €55.2 million. As part of its go-to-market strategy, The Estée Lauder Companies has decided that as of June 15 2022, it will run its operations in the Greek and Balkans markets directly, in line with its approach in other markets in the EMEA region.
Sarantis Group continues its investments in Greece, constantly aiming at a greener production. This investment on PVs in Greece came to further strengthen the Group’s responsible production facility at Oinofyta and to optimize its operational benefits, while reducing the energy related operating costs.
Sarantis Group, faithful to its commitment to support Greek society, joins forces with AB Vassilopoulos & KETHEA and through its brands supports the treatment of social issues such as internet addiction and screen addiction.
The beloved detergent AVA, Sarantis Group home care brand, in collaboration with FOOD ON and its CSR activity, organized a social dinner at "Raki Meze" of the Kastelorizo group, giving the opportunity to unemployed and socially excluded people to dine with various company representatives so that they can successfully integrate into society and claim a vacancy.
World Environment Day is designated by the United Nations on June 5 and each year sheds light on a number of environmental issues that need to be addressed at both national and corporate level Through its responsible operational activity and its purposeful brands, the Group aspires to actively contribute towards the curbing climate change and protecting the environment.
Sarantis Group, one of the largest multinational consumer products companies with a significant international presence, leading brands and partnerships, and the Greek hypermarket chain KRITIKOS, with a dynamic presence throughout Greece, collaborate and jointly supported the Corporate Social Responsibility initiative “With love for North Evia”.
GR. SARANTIS S.A., in accordance with the paragraphs 4.1.2 and 4.1.3.15.1., of the Athens Stock Exchange regulation, informs the investors’ community of its updated Financial Calendar for 2022: May 31st 2022 Annual General Shareholders Meeting June 3rd 2022 Ex-dividend date June 6th 2022 Dividend Beneficiaries-Record date June 10th 2022 Dividend payment The aforementioned dates regarding the dividend payment are subject to the approval of the Annual General Meeting of Shareholders.
Friday, April 29th 2022 SARANTIS S.A. Consolidated Financial Results Full Year of 2021 NET PROFIT GROWTH OF 4.1% SOLID TOP LINE GROWTH OF 3.8% SIGNIFICANT FREE CASHFLOW GENERATION ALLOWS FOR INVESTMENTS BEHIND THE BUSINESS AND THE IMPLEMENTATION OF THE GROUP’S STRATEGIC GROWTH PLAN During the full year of 2021, the Group continued to deliver a solid top line growth, despite the high comparative basis of last year and the normalization of the consumption demand and made a robust progress of 4.