BUSINESS

Fourlis

Price range for Trade Estates' IPO set at 1.92-2.13 eurps

The IPO will run from Nov 1 to 8. The estate company will offer 28.2 million new shares. The final offering price will be announced on November 3.

31/10/23 • 15:29

Coca Cola HBC

3Q top line comes in weaker-than-expected due to adverse FX

Coca Cola HBC reported weaker than expected third quarter top line figures largely due to adverse foreign exchange moves. Reiterated guidance.

31/10/23 • 09:57

Helleniq Energy

Acquires portfolio of six 26 MW PV parks in Cyprus

The PV parks’ annual electricity generation is estimated at 43 GWh. The agreement is expected to be completed in 1Q24.

30/10/23 • 15:53

Alpha-Unicredit

HFSF launches process for Alpha's stake; Unicredit offers 1.33 euros/shr

The Fund received last week an offer from Unicredit for the stake as part of the Italian lender’s plan to become Alpha Bank’s biggest investor. Unicredit offers 1.33 euros per share.

30/10/23 • 11:44

Prodexpo Conference

No risk of housing bubble in Greece; Lack of green warehousing

There is no risk of housing bubble in Greece, panelists at the Prodexpo Conference concluded. Still, warehousing demand is rising while the market lacks green warehousing logistisc.

27/10/23 • 14:05

Cenergy Holdings

Announces new 275km offshore inter-array cables project win in UK

Hellenic Cables has signed a contract with Seaway7 for the East Anglia THREE offshore wind farm which is being developed by ScottishPower Renewables.

27/10/23 • 11:52

Duty Free Shops

Plans new openings; To post one of best annual earnings performance

Duty Free Shops plan expansion with new openings in airports, smaller port and border stations, CEO Maria Ioannidou said. Duty Free Shops are expected to register one of the best yearly earnings performance.

27/10/23 • 10:01

PPC

Completes acquisition of minority stakes of Fondul in ENEL Romania

PPC says that it has completed the acquisition of all the minority equity stakes of Fondul held by Enel Romania for a consideration of 130 million euros.

27/10/23 • 09:17

Moody's

Alpha Bank’s strategic partnership with Unicredit is credit positive

The deal will enhance Alpha Bank's tangible capital and profitability. Alpha Bank's return on tangible equity (RoTE) is expected to increase by around 50 basis points, Moody's reckons.

26/10/23 • 11:30

Mytilineos

Reports biggest quarterly profit in history; Beats expectations

Mytilineos reports its highest quarterly profitability performance in its history, led by energy sector. Third quarter numbers came in above street’s expectations.

26/10/23 • 10:18