PRESS RELEASE Gr. Sarantis SA announces that according to a decision of its Board of Directors (BOD) on 5 July 2005, Mr. Georgios Koletsos is appointed as Chief Executive Officer replacing Mr. Kyriakos Sarantis, who remains in the BOD as Vice Chairman.
PRESS RELEASE Balanced and steady growth of financial results both in Greece and abroad. Further improvement of profit margins due to a more efficient product mix. Strengthening of the Group’s position in Eastern Europe in view of strong advertising expenditures.
ANNOUNCEMENT Sarantis Group delays the publication of the first quarter 2005 financial results due to changes in the consolidation method of the Joint Venture with Estee Lauder International.As it was announced by the Sarantis Group Management, the first quarter 2005 financial results will be released on the 16/6/2005, instead of the 30/5/2005 as it was initially stated.