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| 02/12/2005 |
BANK OF GREECE
LAMPSA HOTEL CO.
BANÊ OF CYPRUS PUBLIC COMPANY LTD
S & B INDUSTRIAL MINERALS S.A.
MICHANIKI S.A.
MICHANIKI S.A.
MINOAN LINES
INTRALOT S.A.
INTRACOM S.A.
EFG EUROBANK ERGASIAS SA.
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BANK OF GREECE : Eurosystem staff macroeconomic projections for the euro area
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LAMPSA HOTEL CO. : Press Release
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| Lampsa Hellenic Hotels SA turnover for the nine months of 2005 (1.1.2005 - 30.9.2005) in accordance with the International Financial Reporting Standards, presented an increase of 1,1% or 23, 3 Million Euro compared to 23 Million Euro for the first nine months of 2004. This resulted in EBITDA of 6,5 million Euro and pretax profits of 3,5 million Euro, a 2.3% increase against to the same period in 2004. Hotel occupancy increased by 35% compared to the same period last year. It is important to note that the 2004 period against which the 2005 results are compared to, includes the Olympic month of August during which the hotel experienced an unprecedented room average rate (ADR) and unusually high occupancy resulting in extraordinary income and profit retention. It is therefore remarkable to notice that the Hotel Grande Bretagne not only was able to maintain but on the contrary manage a small increase in a year which does not include a once in a life time event like the Olympic Games of 2004. Finally it is noteworthy to point out the company?s significant cash flow increase of 10.5 million in 2005 to 5.9 million over the same period in 2004. It should be noted that 2004 was the first full year of operations for the Hotel Grande Bretagne following an 18 month, 90 million Euro complete restoration which brought the hotel to the level of the best hotels in world. Despite the extraordinarily high cost of fixed asset depreciation and considerable interest costs the hotel was profitable in 2004 and as result on July 2005 the shareholders received a dividend for the first time in 15 years. The aforementioned results were published in the press on Wednesday November 30th, 2005.
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BANÊ OF CYPRUS PUBLIC COMPANY LTD : Financial Results for the Nine Months ended 30 September 2005
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Download the Group Financial Resultsfor the Nine Months ended 30 September 2005
Download the Condensed Interim Consolidated Financial Statements
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S & B INDUSTRIAL MINERALS S.A. : Corporate Presentation of S&B Industrial Minerals S.A.at the Association of Greek Institutional Investors
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| A corporate presentation of S&B Industrial Minerals S.A. on its activities, its investment highlights and the Group's financial results for the nine months of 2005 (January-September) was made today, at the Association of Greek Institutional Investors, by the Chief Financial Officer of the Group, Mr S. Hatzikos. In his presentation of the nine months results, Mr Hatzikos noted that consolidated sales of the S&B Group and profits before taxes marked increases of 15.7% and 21.7% respectively, in the nine months of 2005, compared to the corresponding period of 2004. More specifically, consolidated sales reached Euro 321.36 million versus Euro 277.68 million and profits before taxes amounted to Euro 27.43 million compared to Euro 22.54 million in the same nine month-period of the previous year. Moreover, EBITDA increased by 19.2%, amounting to Euro 49.4 million versus Euro 41.44 million. Following the Group's financial overview, Mr Hatzikos focused on the Industrial Minerals sector, (representing more than three quarters of the Group's turnover), the purpose of which is to 'provide innovative industrial solutions by developing and transforming natural resources into value creating products'. In this sector, the sales increase in January-September 2005 was 23% (Euro 254.4 million from Euro 206.74 million), and the EBITDA increase was 26.7% (Euro 43.89 million versus Euro 34.65 million). This growth is attributed to the acquisition of STOLLBERG, in late June 2004, but also to organic sales growth and competitiveness improvement of the industrial minerals sector. Finally, Mr Hatzikos presented the investment proposal of S&B, based on the sustainable long-term growth strategy of the Group, which aims at exploiting its competitive advantages and develop even further, both geographically as well as in new products and in new applications; seeking new 'Market to Mine' added value chains, and safeguarding long-term shareholder value through the implementation of the sustainable development principles.
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MICHANIKI S.A. : MICHANIKI laid foundations for the Artemis real estate complex in Kiev, Ukraine
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MICHANIKI began construction for its biggest commercial and residential complex named "Artemis", after the Greek goddess Diana, in Kiev, the Ukrainian capital.
Artemis is an ambitious building complex totalling 50,000 sq.m. in a land plot of 7,900 sq.m. which is situated on the eastern shores of Dnieper river in the area of Diprovski.
At the ceremony the was led by Metropolitan Pavlos of the Holy Convent Monastery, MICHANIKI was represented by its Chairman Mr. Prodromos Emfietzoglou and attendees included Mayor Mr. Kravchenko, the Ukrainian Ambassador to Athens Mr. Tsibukh, the head of the local planning committee (expertiza) Mr. Karminskiyi, Mr. Mykitenko from the Chamber of civil engineers, representatives for the Greek Embassy, the local media, banks and businesses of Kiev. The building complex will include two floors of 6,000 sq.m. for shopping and recreational activities, and 2,000 sq. m. for office use. Above the commercial space area, MICHANIKI will construct two towers of 6 and 20 floors respectively, including 198 apartments ranging from 60 to 120 sq.m. and totaling 22,500 sq.m. The underground parking garage area is of 7,000 sq. Artemis is a multifunctional and dynamic building complex using modern architectural elements and hopes to become a new landmark in the surrounding area. |
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MICHANIKI S.A. : Michaniki Subsidiary THOLOS S.A. is the Preferred Bidder for National Theatre renovation, worth 21 m. euros
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THOLOS S.A. a 100% MICHANIKI S.A. subsidiary - has been declared the preferred bidder of a Greek State tender for the Renovation and equipment modernization of Greece's National Theatre buildings complex, in central Athens.
THOLOS S.A. won the project that is worth 21,084,306 euros.
The project involves Architectural, Static and Electromechanical works for the rehabilitation of the Theater?s buildings as well as art restoration works for its frescos.
The project refers to: I. The historical building of E. Tsiller, II. The new scene building, III. The new extension building and the central scene area, IV. The underground parking facilities as well as the surrounding area.
The team of partners working with THOLOS includes the following entities:
- 75 Architects S.A. (Architectural studies & Fireproofing)
- Ipologistiki Meletitiki Ltd (Static studies)
- E/M Ltd (electromechanical studies)
- Cleopatra Papastamatiou (Antiquities and art works conservator)
- Holger Bueb (Advisor on theater scene installations)
- Telmaco S.A. (Advisor on theater lighting & audio systems)
- Sotiris Psaras (Advisor on acoustics)
The time frame for completion of the project is 650 days from the signing of the relevant contract. |
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MINOAN LINES : Ánnouncement
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Én accordance with clause 5 of Presidential Decree 350/1985 we would like to inform you about the following: On December 1st 2005, Mr Panagiotis Laskaridis informed our Board of Directors that he directly and indirectly through the company Access Maritime S.A, holds 3,688,711 common registered voting shares which represent 5.20% of the companys share capital. In particular, during the trading session of the Athens Stock Exchange on November 30th 2005, the company Access Maritime S.A increased its participation from 1.68% to 4.24% in companys share capital while Mr Panagiotis Laskaridis participation remained unchanged at 0.96%. |
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INTRALOT S.A. : Sale of own shares
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| INTRALOT announces, based on the ASE's Regulation article 291, that the company's Board of Directors in its meeting on 1/12/2005 decided, according to the article 16 of code law 2190/1920, that INTRALOT sells up to 122,400 own shares, which were acquired during 2003, following the decision of the Extraordinary Shareholders Meeting on 15/3/2002, in order for these shares not be canceled due to the completion of three years since they were acquired. The minimum selling price will be 13.00 euro per share and the selling of shares will take place between 05/12/2005 to 27/01/2006.
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INTRACOM S.A. : Ánnouncement
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| Regarding the unanimous decision of the October 27, 2005 General Meeting of Company shareholders on the increase and simultaneous equivalent decrease of share capital, INTRACOM announces that the responsible Ministry of Development service will not proceed to the relevant recording in the Societe Anonyme (S.A.) Register because the debit differences which resulted from the first application of the International Financial Reporting Standards (I.F.R.S.) have not yet appeared in the Company's Annual Report. |
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EFG EUROBANK ERGASIAS SA. : Press Release
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| Eurobank EFG Group, a 28.2% shareholder (directly and indirectly) of LogicDIS S.A., during the company's general meeting of shareholders held today, announced the following: 1. Eurobank EFG Group, acknowledging LogicDIS capabilities and potential, participated in the previous share capital increase, covering 71% of the issue, therefore significantly increasing its participation in the company. The Group also announced that it intends to participate in the company's upcoming share capital increase, exercising its own rights and covering any undistributed shares, provided, of course, that it is still a shareholder of the company. 2. Considering that LogicDIS activities are not within the Group's core business, the Group is considering a potential reduction of its participation, in order to allow the entry of a strong shareholder with specialized experience and know-how in the field. If a relevant decision or agreement is reached, it will be announced immediately, according to regulations. Eurobank EFG Group has developed an extensive and successful cooperation with LogicDIS. The group, in any event, is looking forward to extending this cooperation in order to capitalize on LogicDIS? know how, and high quality services and products, in areas such as standardized third party software, proprietary software, advisory services, development and maintenance of software, IT equipment and technical support of IT systems.
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