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Listed Companies' Press Releases
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23/05/2007
IASO S.A.
LAMPSA HOTEL CO.
THESSALONIKI WATER AND SEWAGE COMPANY SA
INTRALOT S.A.
TITAN CEMENT COMPANY S.A.
REDS S.A.
ALUMINIUM OF GREECE S.A.
ALUMINIUM OF GREECE S.A.
GEK S.A. - TERNA S.A.
ALUMIL MILONAS ALUM. IND. S.A.
ALUMIL MILONAS ALUM. IND. S.A.
EFG EUROBANK ERGASIAS SA.
AGRICULTURAL BANK OF GREECE S.A.
MICHANIKI S.A.
JUMBO S.A.
IASO S.A. : Q1 2007 Financial Results
IASO Group''s financial results present a continuing growth during the 1st Quarter of 2007, confirming the management''s expectations.
At Group level, revenues reached the amount of Euro 42.624 mil. Vs. Euro 34.529 mil of the same period in 2006, showing an increase of 23.4%, while earnings before interest taxes, depreciation and amortization (EBITDA) reached the amount of Euro 11.942 mil. Vs. Euro 7.117 mil of the same period in 2006, showing an increase of 67.8%.
The Group''s earnings before taxes amounted to Euro 9.550 mil. Vs. Euro 4.957 mil of the same period in 2006, representing an increase of 92.6%, while earnings after taxes and minority interests amounted to Euro 7.120 mil. Vs. Euro 3.434 mil. of the same period in 2006, increasing by 107.4%.
Regarding the parent Company''s figures, revenues amounted to Euro 25.603 mil. Vs. Euro 21.019 mil. of the same period in 2006, increasing by of 21.8 %, while earnings before interest taxes, depreciation and amortization (EBITDA) reached Euro 9.923 mil. Vs. Euro 6.856 mil of the same period in 2006, showing an increase of 44.7%.
Parent Company''s earnings before taxes amounted to Euro 9.174 mil. Vs. Euro 6.214 mil. of the same period in 2006, increasing by 47.7%, while earnings after taxes and minority interests amounted to Euro 6.881 mil. Vs. Euro 4.379 mil of the same period in 2006, increasing by 57.1%.
The achievement of the above results is mainly attributed to:
The parent Company''s revenues increase, as a result of the rise in the inpatients and outpatients inflow. This continuing increase of the Company''s figures indicates the trust and loyalty that associate physicians and patients show to IASO.
Profit before taxes of the subsidiary IASO General, which has already been established as one of the country''s most well equipped general clinics, with medical and nursing personnel of high professional caliber. The supply of high level health services by IASO General has been well perceived and recognized by the market; as a result thereof the company is experiencing a significant growth in admissions and in occupancy rate.
The remarkable results of the Group''s subsidiary MEDSTEM Services S.A., which activates in the field of stem cells collection, processing and storage. The Company operates the most highly scientifically and technologically equipped bank/unit of cord blood in Greece and the only private bank/unit that stores all the implants into its laboratories. It operates under the guidelines and control of one of the largest banks of America, Cryobanks International.
The release of the Interim Financial Statements of the 1st Quarter of 2007, will take place on Thursday May 31st, 2007.
LAMPSA HOTEL CO. : Announcement

The company Lampsa Hellenic Hotels SA announces that on Friday May 18th , 2007 a contract was signed with EFG EUROBANK ERGASIAS SA for the issue of common bond loan for seventeen years and for the amount of U.S. dollars 33.500.064,00, after the approval of the company Board of Directors meeting held on Friday April 27th , 2007. To be reminded that the Company has decided to exercise its call option, through two subsidiaries, for the purchase of the shares (the price being the acquisition cost) of the company Belven Associates, which is the owner of a loan of $ 33.269.892, 57 granted to the company Beogradsko Mesovito Preduzecee A.D.. This loan is secured by a mortgage on the hotel. The terms of the loan are considerably favourable based on the present situation .The relevant transaction will be actualized at Monday 2 April 2007 and for the payment of the amount the company was funded by part of an available bank overdraft loan.
The Board of the Directors negotiated special terms of loan with EFG EUROBANK ERGASIAS SA for the re-financing of the above overdraft loan through the Bond loan, resulting to the further substantial improvement of the financial results due to the decrease of the financial cost.
The Board of Directors believes that the purchase of the shares of the two above mentioned subsidiaries of company Belven Associates, will have a positive impact on the financial results of our company.
During the first quarter of current fiscal year, the turnover of both mother company (Hotel Grande Bretagne) and group ( Hotel Hyatt Belgrade), is performing considerably positive, in comparison with the same period of last year, presenting an occupancy increase of 15% and revpar increase of 25% for the Hotel Grande Bretagne and an occupancy increase of 3% and revpar increase of 12% for the Hotel Hyatt Belgrade.

THESSALONIKI WATER AND SEWAGE COMPANY SA : Approval of the Explanatory Report
Water Supply & Sewerage Company of Thessaloniki S.A. announces that, according to the art. 11a of L. 3371/2005, the Board of Directors by its decision no. 246/2007 approved the Explanatory Report of the BoD's Annual Administration Report of 2007 to the Annual Regular Stockholders Meeting.
INTRALOT S.A. : Conference Call Invitation for Tuesday, May 29th, 2007

Constantinos Antonopoulos, Chief Executive Officer, John Pantoleon, General Director of Finance and Development, Efstathia Lanara, Accounting Director and Elias Athanasiou, Financial Analysis & Investor Relations Director, will address INTRALOT's analysts and institutional investors to present the Company's First Quarter 2007 results (to be released via e-mail and published in local newspapers on May 29th) as well as to discuss the latest developments at the Company.
AGENDA: Brief Presentation
Question and Answer Session
Conference Call Details
Date: 29th of May 2007
Time: Greek time 17.00p.m - UK time 15:00 - CET 16:00 - US time 10:00 (East Coast Line)
Conference Phone GR +30 211 180 2000
Conference Phone GR + 30 210 94 60 800
Conference Phone GB + 44 (0) 800 3769 250
Conference Phone US + 1 866 288 9315
We recommend that you call any of the above numbers 5 to 10 minutes before the conference call is scheduled to start.
Digital Playback
There will be a digital playback on the 29th of May 2007 at 19:00pm (GR Time).
This Service will be available until 19:00pm (GR Time) Tuesday, June 5th, 2007.
Please dial the following numbers and the
PIN CODE: 059 # from a touch-tone telephone
Digital Playback UK: + 44 (0) 800 901 2906
Digital Playback US: + 1 866 288 9317
Digital Playback GR: +30 210 94 60 929

TITAN CEMENT COMPANY S.A. : Purchase of own shares

TITAN CEMENT COMPANY S.A. ( the Company) announces the expiration on 22.5.2007 of the twelve month period that had been set by the Annual General Meeting of Shareholders of 23.5.2006 for the acquisition by the Company of its own shares, in accordance with article 16 par. 5 and following of codified law 2190/1920.
In execution of the above General Meeting resolution, the Company bought back within the above period 34,000 own common shares at an average purchase price of euro 37.91 per share.
The above 34,000 common shares constitute the total number of own shares owned by the Company and represent 0.04% of the Company's share capital.

REDS S.A. : Notification
The company REDS S.A. REAL ESTATE DEVELOPMENT & SERVICES notifies that the annual analysts' debriefing, for the financial account of 2006, will take place on Tuesday May 29th 2007 and at 12:00 at the headquarters of the parent company ELLINIKI TECHNODOMIKI TEB S.A., 78a Louizis Riankour str., Athens.
ALUMINIUM OF GREECE S.A. : Briefing on decisions taken by the May 14, 2007, General Shareholders' Meeting
See the announcement
ALUMINIUM OF GREECE S.A. : Announcement
ALUMINIUM OF GREECE S.A. announces that, according to article 279 of the ATHENS EXCHANGE S.A. (ATHEX) Regulation, the General Shareholders Meeting of May 14, 2007, decided the distribution of a dividend for fiscal year 2006 of 1.20 Euros per share. After this decision and following the plan for intended corporate actions announced by the Company, entitled to this dividend are the shareholders who possessed Company shares at the end of the May 15, 2007, ATHEX session. Consequently, as of Wednesday 16 May 2007, Company shares will be negotiable at the ATHEX without a fiscal year 2006 dividend right. Payment of dividend will start on Thursday 24 May 2007 at the ALPHA BANK, according to article 329 of the ATHEX Regulation and article 39 of the HELLENIC EXCHANGES HOLDING S.A. (HELEX, former Hellenic Central Security Depository S.A.), as follows: 1. Through an account credit at ALPHA BANK S.A. bank for the shareholders who have authorized ALPHA BANK S.A. to collect their dividend. 2. Through the SAT operator, when the operator is not ALPHA BANK S.A., for the shareholders who have authorized their operator to collect their dividend. 3. Through the branches of ALPHA BANK S.A. for the shareholders who have asked their operator not to collect their dividend or who possess a special share account with HELEX (Hellenic Exchanges Holding S.A., former Hellenic Central Security Depository S.A.). In order to collect their dividend from the bank branches, shareholders should produce their ID card and declare their Investor Number in SAT. For more information, shareholders may contact the Company's Shareholder Service Department, 5-7 Patroklou Street, Paradisos Amarousiou 151 25, tel. +30 210 6877389, fax +30 210 6877400. Dividends not collected within five (5) years are transferred to the ownership of the Greek State.
GEK S.A. - TERNA S.A.Signing of contract for procurement of the main equipment concerning the construction of a 435 MW Combined Circle Power Plant by use of natural gas as combustible
Regarding the activities of the Group GEK-TERNA in the field of producing electric power from thermal resources, it is announced that TERNA S.A., as the main contractor for the construction of the Combined Circle Power Plant of 435 MWe operating by use of natural gas combustibles, has already signed a contract with General Electric for acquiring the main equipment (wind turbine, steam turbine, generator, boiler, compressor, control system). The power plant is under construction at the location Harantini of Thiva and is expected to be operational in 2009. The abovementioned investment is realized by GEK Group, the intention of which is to retain the majority of the share capital. This investment shall amount to 235 million euros. Thirty per cent (30%) of the financing shall consist of equity, whereas the remaining seventy per cent (70%) shall consist of bank loans(non recourse project financing). It is stressed out that GEK Group intends to expand its activities in producing electric power from thermal resources, by constructing more power plants operating with other kinds of combustibles. Within the next five years, the total electric power from thermal resources produced by the Group is expected to reach 1.200 - 1.500 MWe.
ALUMIL MILONAS ALUM. IND. S.A. : Decisions of the Annual General Shareholders' Meeting

We inform you that ALUMIL Annual General Shareholders' Meeting (GSM) took place today on the 23/5/2007, in Kilkis Industrial Area. The following decisions were unanimously voted with a 71.15% of the paid-up share capital, namely 15,665,365 shares voted, out of 22,016,250 in total. The following decisions were voted unanimously, by the five present shareholders:
- 2006 Financial Statements under IFRS, the Board of Directors' (BoD) Report, the Certified Auditor Accountants' Report and earnings distribution were approved, with 15,665,365 votes for, representing 71.15% of the total number of shares.
- Board of Directors and Certified Auditor Accountants were discharged from all compensation charges during financial year 2006. BoD remunerations were approved - unchanged fees for the last four years - totaling to Euro 200,000 and the 2007 amounts were pre-approved also, amounting to Euro 280,000. All decisions were voted with 15,665,365 votes for, representing 71.15% of the total number of shares.
- New BoD was elected: George Alex. Milonas, Evangelia Alex. Milona, Eftixia Milona, widow of Alexandros Milonas (executive members), George Ioannis Doukidis (non-executive member), Anastasios Christos Alexandridis and Aristeidis Stylianou Ploumbis (independent-non-executive members).
- The GSM authorises the Bod to further negotiate the terms and the decision to draw one or more common debenture bonds, according to art. 6 law 3156/2003, without trading or conversion rights. Authorization is valid for bonds up to Euro 100 m. worth. In this way, financial expenses are significantly improved and capital structure is strengthened. This decision was voted with 15,665,365 votes for, representing 71.15% of the total number of shares.
- A Euro 0.083 per share dividend payout was voted, representing 34.8% of the after tax earnings. Shareholders entitled to dividend are those who own Alumil shares on Thursday, 24/5/2007. From Friday 25/5/2007, Alumil shares will be trading ex-dividend. Dividend payout will be realized from Tuesday 5/6/2007, via PIRAEUS BANK, for two years, until 5/6/2009. Dividend payout and further details shall be announced later today, through the Company and the Press. The decision was voted with 15,665,365 votes for, representing 71.15% of the total number of shares.
- Ernst & Young Hellas Certified Auditors Accountants S.A. was elected as statutory and substitute Certified Auditor Accountants for 2007 with 15,665,365 votes for, representing 71.15% of the total number of shares.
Regarding 1Q07 results, Group sales and earnings growth rates demonstrate clearly upward trends, higher that the initial estimates; they will be announced the following days, according to the Capital Market law and company policy.

ALUMIL MILONAS ALUM. IND. S.A. : 2006 Dividend Payment
We inform you that the Annual General Shareholders' Meeting (GSM) that took place on the 23/5/2007 in Alumil headquarters (Kilkis Industrial Area), unanimously voted for a Euro 0.083 per share dividend payout for the fiscal year 2006, namely Euro 1,827,348.75, representing approximately 34.8% on after tax earnings. Shareholders entitled to receive dividends are those who own Alumil shares on Thursday, closing trading day, 24/5/2007. From Friday, 25/7/2007, Alumil shares will be trading ex-dividend. Dividend payout is realized through "PIRAEUS BANK S.A." from Tuesday, 5/6/2007 as follows: 1. Via Athens Stock Exchange (ASE) members-custodians, according to article 329 of the ASE Regulation and article 39 of the Hellenic Exchanges (former Central Securities Depository). 2. Via PIRAEUS BANK network, for shareholders requested exemption from their custodian. 3. For all shareholders who were not served through their custodian - for any reason - dividend shall be paid from Monday 11/6/2007, via PIRAEUS BANK network. Dividend payout ending date from PIRAEUS BANK is set on 5/6/2009. For shareholders whose custodian is PIRAEUS BANK and own ALUMIL shares in the bank's books on the 5/6/2007, dividend payment will be automatically credited to their account, on the same day. After dividend payout ending date from PIRAEUS BANK, dividend will be paid exclusively from Alumil Thessaloniki offices, Egnatia Building, Democracy Square 1, Thessaloniki, 54629. Shareholders entitled to dividend are expected to present their ID card and their Social Security Number (S.S.N.). Direct payment through custodians from authorized entities is also available, only upon presentation of the relative authorization with shareholders' and authorized entity's full personal data (Full name, father's name, ID number & S.S.N.), signed from the Hellenic Police or other relative Hellenic Authority. Shareholders and authorized entities will receive dividend payment receipt for tax authorities use and purposes from their custodians. Custodians, i.e. Banks and Brokerage firms are directed to address queries to PIRAEUS BANK, Custodian Support Sector, Tel. 0030 210 3288747, Contact Person: Mr. George Altis. For shareholders who have changed their personal data, address, etc. and for every other query, please address to Alumil Shareholders Service department. (Tel. +30 2310 555405, Fax: +30 2310 555425, Contact Person: Mrs. Kleopatra Milona, E-mail: investors@alumil.com).
EFG EUROBANK ERGASIAS SA. : Press Release

EFG Hellas PLC, guaranteed by EFG Eurobank Ergasias S.A, announced today the issuance of Euro 750 million subordinated floating rate notes.
The notes have a 10-year maturity that can be called at the initiative of the issuer after 5 years, with the consent of Bank of Greece, and are expected to be treated as Lower Tier II. The securities pay a floating interest rate coupon equal to three-month Euribor plus 30 basis points for the first 5 years.
The issue was placed with Greek and European institutional investors. The settlement is on June 8, 2007 and the notes will be listed on the Luxembourg Stock Exchange.
Citi, Deutsche Bank, Eurobank EFG and Goldman Sachs International were the lead managers.

AGRICULTURAL BANK OF GREECE S.A. : Announcement
ATEbank announces that its Annual Ordinary General Shareholders Meeting of May 23, 2007, decided a dividend distribution for the financial year 2006, amounting to Euro 0,09 per share. Entitled to the dividend are the shareholders of the Bank, after the end of the ATHEX session of May 25, 2007. As a result, from May 29, 2007 the share will be traded at the Athens Exchange without a dividend right for the financial year 2006. Dividend payment to the entitled shareholders will commence on June 6, 2007, according to the procedure settled by the Regulations of the Athens Exchange and the Central Securities Depository, i.e.: - To the Security Accounts' Operators of the entitled shareholders, under the condition of declaration of having the right of such a collection. - To the Bank's Branches for those shareholders who have not authorized their Security Accounts' Operators for the collection of their dividends or whose shares are kept in the Special Account of the Central Securities Depository. Dividend collection from any Branch of the Bank may be realized upon presentation of the Shareholder's Identity Card.Collection by a third person can be realized only upon presentation of authorization, including the complete personal data of the entitled shareholder, as well as the authorized person's personal data, confirmed for the authentication of the signature by a competent authority. The Securities Accounts' Operators are asked to contact the Central Branch of the Bank, at 4, Panepistimiou Str., telephone number: 210.3697593. For further information, shareholders may contact the Bank's Shareholders Department, telephone numbers: 210.3298400, 3298645, 3298613.
MICHANIKI S.A. : First Quarter 2007 Financial Results

The management of Michaniki Group of Companies on the occasion of the announcement of the First Quarter 2007 Financial results would like to inform investors on the following:
Michaniki Group consolidated turnover increased in the first quarter of 2007 to 47,25 million euros from 37,89 compared to Q1 2006, a percentage increase of 24,68%.
Consolidated EBIT increased to 12,91 million euros in the first quarter of 2007 from 8,58 compared to Q1 2006, a percentage increase of 50,42%.
Consolidated EBITDA increased to 15,42 million euros in the first quarter of 2007 from 9,46 compared to Q1 2006, a percentage increase of 63,05%.
Consolidated Net Profit after Taxes and Minority Rights increased to 9,62 million euros in the first quarter of 2007 from 8,09 million euros compared to Q1 2006, a percentage increase of 18,80%.
At a parent company level:
Turnover increased in the first quarter of 2007 to 26,82 million euros from 13,50 compared to Q1 2006, a percentage increase of 98,63%.
EBIT increased to 6,67 million euros in the first quarter of 2007 from 4,66 million euros to Q1 2006, a percentage increase of 43,29%.
EBITDA increased to 7,16 million euros in the first quarter of 2007 from 4,84 compared to Q1 2006, a percentage increase of 47,99%.
Net Profit after Taxes and Minority Rights increased to 5,16 million euros in the first quarter of 2007 from 4,84 million euros compared to Q1 2006, a percentage increase of 6,74%.
The positive outlook of further expansion and development of activities will characterize the year of 2007. Michaniki continued to strengthen its position by undertaking significant public infrastructure works and selected private projects enabling to classify among the leading construction groups in a wide scale of infrastructure projects. The backlog of unexecuted works at a group level on 31.3.2007 amounted to 570 million euros while at the parent company level the backlog of unexecuted works amounted to 500 million euros on the same date.
Michaniki Group has expanded its activities abroad to a number of countries such as Ukraine and Russia. After the successful presence in the aforementioned countries and targeting to the promotion of Greek entrepreneurship, the management of Michaniki Group decided on the expansion of activities in the developing real estate market of Egypt.
The announcement of the first quarter financial results will take place on Thursday May 24 2007.

JUMBO S.A. : Financial Results for the nine-month period of July 2006 - March 2007

Consistent with statements and timely warnings to its shareholders - partners, Jumbo Group issues today its financial statements for the nine-month period of July 2006 - March 2007 (i.e. the third terminal of fiscal year 2006-2007) which totally coincide with the sizes about which the management had intimated in time through the Press, but also by the recent general assembly of the shareholders.
Total earnings of the Group have overcome even the most jubilant estimates of amalysts, as they reached the point of euro 49,7 millions, increased to a + 46,9% rate, compared with last year.
It is a fact that early Easter period enforced the sizes of sales during the third terminal of fiscal year 2006 - 2007, resulting in an increase of the nine-month turnover to a rate of + 26%.
It is important to underline that for one more time the profit margins improved, with gross profit to improve to 51,14% from 50,14%, while the profit margin prior to tax, interest and amortization (EBITDA margin) shaped to 28,84% from 26,95%.
Finally, net profitability margin increased impressively to 18,46% from 15,83% as a rsult of the decrease of expenses in regard with the sales and of the increase of the productivity to the final line.
Increase in operational profits of the Group overcame 34% and reached to Euro 77,7 millions.
In Greece, profitability before taxes moves with +43%, in Cyprus with +35%, while the subsidiary of the Group in Bulgaria has not operated yet. The first JUMBO store in Bulgaria Sofia will be ready within 6 months, in October 2007, in order to fully operate in December 2007. Jumbo Group continues to invest dynamically in land market in Bulgaria and in Romania and will briefly communicate the construction of a second store in Bulgaria.