GR. SARANTIS S.A. EBITDA MARGIN INCREASED AT 16% BEATING PREVIOUS RECORD NET PROFIT GROWTH OF 25% SUSTAINING STRONG SALES GROWTH MOMENTUM AT 6.3% DELIVERING ON MARGIN EXPANSION During the first half of 2021, the Group managed to increase further its EBITDA margin at 16%, beating previous year’s record margin, while delivering sustainable sales growth of 6.
Sarantis Group was awarded at the Lenovo Retail Business Awards 2021, the largest institution regarding the Greek Retail Trade and Industry in the Hellenic market, aiming to distinguish exceptional Greek businesses.
On July 16th 2021, Friday and at 14:00 p.m., the Extraordinary General Shareholders’ Meeting of “GR. SARANTIS S.A.” took place at the Company’s registered offices. During the General Meeting, 123 shareholders representing 53.
Sarantis Group (the “Group”) announces that, in accordance with the terms and conditions of the amended Shareholders Agreement entered into with Estee Lauder Europe, Inc. (“EL Europe”) with respect to the company ELCA Cosmetics Limited (“ELCA”), EL Europe provided the first call option notice for the purchase of shares held by the Group.
Sarantis Group will release the H1 2021 consolidated financial results, according to the following schedule: Thursday, September 9th 2021 after ASE closing – Results Release, which will be available in the Athens Stock Exchange web page (athexgroup.
Sarantis Group was distinguished on the list of the Most Admired Companies 2021, which was compiled for the seventh consecutive year in Greece by the leading Fortune magazine in collaboration with the international audit, tax and consulting services company, KPMG.
The "secret" of the Group's success, strategy, and objectives after the pandemic are described in mononews.gr by the Deputy CEO & Chief Commercial Officer of Sarantis Group, Mr. Giannis Bouras in his first interview since he joined the Group.
The Group’s strategic development that is expressed through acquisitions and geographical expansion, the market share growth, as well as the profit margin improvement are the major drivers that turned Sarantis Group into a top multinational FMCG player in 50 markets, as Mr.