ANNOUNCEMENT The Board of Directors of GR. SARANTIS S.A. informs its shareholders that according to the decision of the Company’s Ordinary General Shareholders’ Meeting on June 30th 2010, the dividend for the fiscal year 2009 amounts to 0.
ANNOUNCEMENT Following the decision of the Board of Directors and in accordance with the article 22 of Articles of Association, our Company’s shareholders are invited to the Annual Shareholders’ Meeting on June 30th 2010, Wednesday, 17:00 pm, at 26 Amaroussiou – Halandriou Street.
ANNOUNCEMENT Following the company’s announcement dated 04/05/10 regarding the Q1 2010 results release date, and given that the 24/05/10 is a holiday, Sarantis Group will release the Q1 2010 consolidated financial results, according to the following schedule: Tuesday the 25th of May after ASE closing – Results Release, which will be available in the Athens Stock Exchange web page ( Wednesday the 26th of March at 17:00 – Update of the company’s shareholders and analysts via telephone conference.
PRESS RELEASE Main Points Sarantis Group met its FY 2009 turnover target and exceeded its estimates in the profitability level. Sarantis Group financial results were negatively affected by the adverse economic environment across all regions and business units of the Group, although the management’s timely implementation of cost control initiatives and focus on efficient working capital management helped to mitigate the negative impact.
PRESS RELEASE Sarantis Group announces the acquisition of the Polish brand KOLASTYNA. More specifically, Sarantis Group, in the context of strengthening its presence in the Eastern Europe and in order to meet its strategic goal of becoming the leading consumer products company in the region, signed on 30/06/10 an agreement for the acquisition of the brand name and the intellectual property of KOLASTYNA, through its Polish subsidiary SARANTIS POLSKA S.
PRESS RELEASE INCREASE IN TURNOVER BY 9.34%. INCREASE IN NET EARNINGS BY 162.36%. Significant improvement in the Q1 2010 financial results partly on the back of the EE countries’ stronger organic performance and favorable currency movements as well as the destocking effect that is absent from this year’s results.
ANNOUNCEMENT Sarantis Group corporate presentation was realized today, March 23rd 2010 at the Association of Greek Institutional Investors where Mr. Konstantinos Rozakeas, Chief Financial Officer of Sarantis Group, presented the Group’s 2009 financial results as well as the management’s strategy and estimates for 2010 financial results.
ANNOUNCEMENT Sarantis Group announces the establishment of the company “THRACE-S S.A.” for the production of garbage bags. The newly founded company is a joint venture between THRACE PLASTICS S.