After evaluation of the consequences of the riots that have taken place during the last 10 days, and led through store destruction, arson and pilferage, to immense reduction of commercial activity and consumption, SARANTIS announces that there has been a significant slowdown in its sales in Greece, compared to the expected figures for the 1st half of December 2008.
Pursuant to the above, and given that December is historically the most dynamic and profitable month of the year, there is some doubt about the achievement of the Guidance 2008.
SARANTIS’ management will make its best in order to tackle the problem during the 2nd half of December and shall communicate as soon as it becomes available more information concerning the final impact thereof on the financial results.