The Greek Deal.com
BUSINESS
AFRODITI SUPER MARKET
Expects a turnover of €22.5 million and improved profitability this year
The management of the northern Greek supermarket chain, Afroditi, expects an increased turnover, ranging from 3% to 4% compared to 2022, reaching approximately €22.5 million this year.
Lidl Hellas
Investments of €120 million in 2024-2026
Investments with a particular focus on stores and logistics are planned by Lidl Greece starting from next year, as stated by the Chairman of the Board, Martin Brandenburger
ELLAKTOR S.A.
Denies Allegations of intention to sell AKTOR Concessions
ELLAKTOR categorically denies any rumor of an alleged intention to sell its subsidiary company AKTOR Concessions, following publications in some online media outlets, as stated in a relevant announcement.
Thrace Group
New Investment Plan of a total amount of € 10 mil. in Packaging Business in Greece
The new investment program is oriented towards the Sustainable Development, focusing on the further increase of the production capacity
AB Vasilopoulos
The new purpose and revovation of MEGA AB in Elliniko
A new provision has been added to the statute of AB Vasilopoulos, which, as FnB Daily learns, concerns the broader relationship with its suppliers.
OTE GROUP
Intensifies investments in FTTH and 5G
The market positively evaluates the results announced by OTE for the nine-month period of 2023
DEI
Profits increase and investments for the 9M - Recurring EBITDA €937 million
DEI announced that it recorded recurring EBITDA of €937 million for the nine-month period of 2023
ALPHA TRUST-ANDROMEDA
Recorded profits € 4.71 million for the 9M
ALPHA TRUST-ANDROMEDA Investment Trust S.A. released its nine-month 2023 results today.
OTE GROUP
Continuing growth in Greek profitability - Adj. EBITDA (AL) up 0.7%
In the third quarter of 2023, the consolidated revenues of OTE Group decreased by 2.6% and amounted to €881.0 million, as announced by the group.
Titan
Record earnings backed by robust sales in main markets for the 9M
Titan Cement International SA announces net profit more than doubled year-to-date, to €198m. EPS (9 months) at € 2.64.
IDEAL Holdings
Revenue growth +111% and EBITDA +106% for the 9M
IDEAL Holdings announces its proforma results for the 9M 2023 with revenue growth +111% and EBITDA +106%