PRESS RELEASE Gr Sarantis S.A. announces that due to the internal reorganization of its business units and the introduction of the International Accounting Standards the management decided to update the analysis of the consolidated turnover and EBIT per business activity and per geographic market so that the latter illustrate better the financial results of the Group after the changes.
PRESS RELEASE Having completed a very successful year for Gr. Sarantis S.A., with this note I wish to inform you regarding two major changes to our corporate management structure. Effective March 1st 2005, Mr.
PRESS RELEASE GR. SARANTIS S.A. has come to an agreement with HUNCA Kozmetic SANAYI A.S. in Turkey, to sell its fragrances in Turkey. At the same time Sarantis will sell HUNCA products in Eastern Europe.
PRESS RELEASE On a consolidated basis, Sarantis Group has reported sales of 51,6 mio € for the first quarter of 2004, +6% versus year ago. At the same time, pre tax and after minorities earnings showed a 47% increase climbing to 3,6 mio € compared to 2,4 mio € in the first quarter of 2003.
The constant growth of financial results both in Greece and abroad signals that Sarantis Group’s strategy is in the right direction. Financial performance was slightly above the Management’s forecasts for the financial year 2004.
PRESS RELEASE The significant improvement of financial results, indicates the Group’s successful growth strategy both in Greece and abroad. Major Highlights of Financial Results Significant increase of 8.
PRESS RELEASE Strong growth in sales and profits present the consolidated financial statements of the Sarantis Group for the period of JAN – JUNE 04 versus JAN – JUNE 03. More specifically, the Group΄s net sales reached 117,4 mio €, increased by 8,5% versus the same period in 03, which have amounted 108,2 mio €.
PRESS RELEASE The management of the Sarantis Group proceeded in a positive forecast on the results of the next two years. Specifically, the net sales of the Group are forecasted to reach the amount of 246 million euros in 2004, increased by 6% with respect to 2003, while in 2005 they will, increase by 8% with respect to 2004, reaching the amount of 265 million euros.