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Listed Companies' Press Releases
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27/11/2009
S & B INDUSTRIAL MINERALS S.A.
HELLENIC DUTY FREE SHOPS S.A.
LAMDA DEVELOPMENT S.A.
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A.
TERNA ENERGY S.A.
EUROBANK PROPERTIES REIC
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A.
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A.
INTRALOT S.A.
MARFIN POPULAR BANK PUBLIC CO LTD
ALPHA ÂÁÍÊ S.A.
MARFIN INVESTMENT GROUP HOLDINGS SA
ALUMIL ALUMINIUM INDUSTRY S.A.
INTRACOM CONSTRUCTIONS S.A.TECHN & STEEL CONSTR.
GR. SARANTIS S.A.
IASO S.A.
MOTORCYCLES AND MARINE ENGINE TRADE AND IMPORT COM
Á×ÏÍ S.A. HOLDING
Space Hellas
VIOHALKO S.A.
ATTICA HOLDINGS S.A.
ELBISCO HOLDING S.A.
NAT. BANK OF GREECE SA
VARVARESSOS S.A.
LAVIPHARM S.A.
ANEK LINES S.A.
MINOAN LINES SA
SCIENS INTERNATIONAL INVESTMENTS AND HOLDINGS SA
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A.
NIREUS S.A.
TERNA ENERGY S.A.
HERACLES GENERAL CEMENT COMPANY S.A.
TERNA ENERGY S.A.
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A.
KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A.
GENERAL BANK OF GREECE S.A.
GENERAL BANK OF GREECE S.A.
NIREUS S.A.
TERNA ENERGY S.A.
HERACLES GENERAL CEMENT COMPANY S.A.
S & B INDUSTRIAL MINERALS S.A. : Share Buy back
S&B Industrial Minerals S.A. announces in accordance with article 4 par.4 of Commission Regulation no 2273/2003 of the European Communities, that the Company has proceeded to the purchase of own shares, pursuant to the decision of the Annual General Meeting of Shareholders dated 14th May 2008 and the resolution of the Board of Directors dated 8th April 2008, as follows :
On 26.11.2009, the Company purchased 1.400 shares, with an average purchase price Euro 4,77 per share and a total purchase price Euro 6.674,70.
The above 1.400 shares were purchased through Alpha Finance.
HELLENIC DUTY FREE SHOPS S.A. : Share buyback
HELLENIC DUTY FREE SHOPS S.A. announces that, in accordance with article 4 par. 4 of the 2273/2003 Regulation of the EU Committee and the article 16 par. 5 of the law 2190/1920, following the decisions of its Annual General Assembly, dated on 18.06.2009, and its Board of Directors, dated on 18.06.2009, acquired own shares, through the ASE member N. KOMNINOS Securities S.A., as follows:
On 26.11.2009 the Company acquired 4,400 shares, for an average price of euro 5.56 per share, of total value euro 24,457.07.
In total the Company holds, 795,900 shares representing 1.5110% of its issued share capital.
LAMDA DEVELOPMENT S.A. : Share buyback
In accordance with Regulation of the Committee of European Community no 2273/2003, article 4, par.4, LAMDA Development S.A. (the Company) announces that following the decision of the Annual General Meeting of the Shareholders of the Company and the Board of Directors' resolution (dated May 5, 2009) purchased own shares through the Athens Exchange Member Eurobank EFG Securities Investment Firm S.A., as follows:
On November 26, 2009 the Company purchased 900 shares, with average cost price euro 7,34 per share and total purchase price euro 6.603,13.
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A. : Share buyback
GEK TERNA S.A. informs the investors that, in compliance with article 4 par. 4 of the Regulation no. 2273/2003 of the Commission of the European Communities and according to article 16 of the Codified Law 2190/1920, as amended and currently in force, as well as by virtue of the Decision of the Regular General Assembly of its Shareholders dated 25.06.2008 and the Decision of the Board of Directors dated 25.06.2008, proceeded on November 26, 2009 through the member of the A.S.E. FORTIUS FINANCE S.A., with the purchase of 45,000 GEK TERNA's shares at an average price of 5.5614 euros per share and at with a total transaction value of 250,265.00 euros.
TERNA ENERGY S.A. : Share buyback
TERNA ENERGY S.A. informs the investors that, in compliance with article 4 par. 4 of the Regulation no. 2273/2003 of the Commission of the European Communities and according to article 16 of the Codified Law 2190/1920, as amended and currently in force, as well as by virtue of the Decision of the Regular General Assembly of its Shareholders dated 23.06.2008 and the Decision of the Board of Directors dated 23.06.2008, proceeded on November 26, 2009 through the member of the A.S.E. FORTIUS FINANCE S.A., with the purchase of 21,718 TERNA ENERGY's shares at an average price of 5.7004 euros per share and at with a total transaction value of 123,802.41 euros.
EUROBANK PROPERTIES REIC : Announcement of acquisition of own shares.
In accordance with Regulation of the Committee of European Community no 2273/2003, article 4, par.4, Eurobank Properties REIC ("the Company") announces that following the decision of the Annual General Meeting of the Shareholders of the Company (dated March 16th, 2009) and the Board of Directors' resolution (dated March 16th, 2009), purchased, own shares through the Athens Exchange Member Eurobank EFG Securities Investment Firm S.A. as follows:
On November 26, 2009 the Company purchased 1.846 shares, with average price euro 7,94 per share and total purchase price euro 14.655,32.
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A. : Announcement according to L. 3340/2007
The company "GEK TERNA S.A. Holdings, Real Estate, Constructions" announces that, according to the article 21 of Law 3556/2007 and the article 11 of the Decision No. 1/434/3.7.2007 of the Capital Market Committee, Mr. Nikolaos Kambas, shareholder and Vice-Chairman of the Board of Directors of the Company (Obligated Person, according to article 13 of Law 3340), proceeded to the purchase of 10,000 common nominal shares on 26/11/2009, at the total value of 55,645.00 euro.
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A. : Announcement according to L.3340/2007.
The company "GEK TERNA S.A. Holding, Real Estate, Construction" announces that, according to the article 21 of Law 3556/2007 and the article 11 of the Decision No. 1/434/3.7.2007 of the Capital Market Committee, Mr. George Peristeris, shareholder and Chairman of the Board of Directors of the Company (Obligated Person, according to article 13 of Law 3340), proceeded to the purchase of 10,000 common nominal shares on 26/11/2009, at the total value of 55,500.00 euro.
INTRALOT S.A. : Announcement
EBITDA INCREASES BY 13.5% IN 3RD QUARTER
INTRALOT Group today announces its financial results for the nine-month period ending September 30th 2009, prepared in accordance with IFRS.
Consolidated Revenues for the period reached euro 680.6m. EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) reached euro131.0m (euro161.8m in 9M08). Earnings Before Taxes (EBT) were euro 97.3m (euro144.9m in 9M08). Earnings after Taxes and after minorities (EAT-am) were euro 57.8m (euro 77.1m in 9M08).
In the 3Q09 consolidated revenues were euro 192.6m, EBITDA reached euro 39.9m, EBT were euro 22.7m, while EAT-am reached euro 15.8m.
Concerning the parent company, revenues reached euro 118.2m in 9M09. EBITDA were euro 23.5m. Earnings After Taxes (EAT) reached euro 15.3m in 9M09.
Commenting on 9M09 results INTRALOT Group CEO, Mr. Constantinos Antonopoulos, noted: "INTRALOT's Q309 financial results show a stabilization compared to Q308: EBITDA in the quarter increased by more than 13.5% compared the corresponding quarter of 2008, a large improvement over the 6M 2009 decrease of 28%. Net profits of Q3-2009 had a minor contraction of 6%, but were improved over the 6M 2009 decrease of 30%. EBITDA improvement was larger than that of the Net profits mainly due to higher depreciation charges.
Amidst this volatile environment, the Company managed to increase its margins on an EBITDA basis (3Q: 20.8% vs. 18.6% in 6M09) and stabilize on a Net profit basis, which led to the improvement of the company's financials despite top line softness. The top line was affected by a continuing sluggish global economy, FX impact, which is less severe than in the previous quarters, the outset of the new Turkish betting contract in March this year, and an unfavourable comparison with the previous year where the Euro Championship took place.
From a balance sheet point of view, net debt for the Group increased slightly by 7m in the quarter, taking also into consideration the capex for major projects like Arkansas. This is a large improvement compared to the previous quarters, where we experienced increases of net debt between 20-30m euro per quarter.
Regarding recent developments, the Company successfully launched operations in the state of Arkansas, in the US, setting up a totally new lottery in a record 45 days. The sales of this project as of today have surpassed our expectations.
Moreover, the Company has entered into an agreement with Cogetech to jointly exploit the lucrative video-lottery market in Italy and has signed a contract with Loteria Concepcion in Chile. INTRALOT is also closely monitoring opportunities, such as the outsourcing of the operation of the Illinois Lottery and the upcoming liberalization of the online gaming market in France, among others.
Finally, we believe that as long as the global economic crisis continues to prevail it could cause volatility to our financials in the short term for market and/or regulatory reasons. However, we believe that this crisis coupled with Governments' need to finance their growing budget deficits will also bring important opportunities to our sector in the short to mid-term. We maintain our focus on all gaming sectors and are very positive of our new initiative, INTRALOT Interactive (É2)."
MARFIN POPULAR BANK PUBLIC CO LTD : THE RECENT DEVELOPMENTS IN DUBAI DO NOT AFFECT THE OPERATING PERFORMANCE OF THE BANK.
Due to a number of articles regarding the ownership of shares of our Bank by "Dubai Financial Group" we would like to clarify the following:
1. Marfin Popular Bank has not provided any credit facility, financing or loan of any form to the State of Dubai nor to any company related or associated to the state of Dubai. Therefore, there can be no impact whatsoever to the financial results of the Bank arising from any developments in Dubai.
2. We have no official information regarding the full intentions of "Dubai Financial Group" regarding a full or partial disinvestment of their shares in Marfin Popular Bank.
3. Other strategic shareholders of the Bank have expressed their initial intentions to acquire the shares of "Dubai Financial Group" should the latter decide to proceed with a partial or full disinvestment of its stake in the Bank. These intentions have been already communicated to "Dubai Financial Group" and are awaiting its response.
In light of all the above, it is evident that the recent developments in Dubai do not affect the operating performance of the Bank.
ALPHA ÂÁÍÊ S.A. : Rights Issue Results' Announcement.
NEITHER THE RIGHTS NOR THE SHARES MENTIONED HEREIN HAVE BEEN OR WILL BE REGISTERED UNDER THE US SECURITIES ACT OF 1933 AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM SUCH REGISTRATION REQUIREMENTS
Alpha Bank announces the successful completion of its Euro 986 million rights issue (the "Rights Issue"). Subscriptions made by Shareholders exercising their pre-emption rights resulted in a coverage ratio of 96.7%, which increases to 150% approximately, when requests for oversubscription are included.
The final allocation for oversubscribed shares and the date of commencement of trading of the new shares on the Athens Exchange will be duly communicated in a separate announcement.
The Chairman of the Board of Directors of the Bank, Mr Yannis S. Costopoulos, stated:
"We are delighted to announce the successful completion of our Euro 986 million Rights Issue. In spite of the market turbulence of the past few days, the Rights Issue was taken up by 96.7% of our Shareholders with an additional 50% oversubscription. This is evidence of the investors? long term confidence in our Bank."
MARFIN INVESTMENT GROUP HOLDINGS SA : The Recent Developments in DUBAI Do not Affect the Operating Performance of MIG.
Due to a number of articles regarding the ownership of shares of our Company by "Dubai Financial Group" we would like to clarify the following:
1. MIG does not have any common investment, common interest or co-operation at a corporate level with the State of Dubai nor with any company related or associated to the State of Dubai. Therefore, there can be no impact whatsoever to the financial results of MIG arising from any developments in Dubai.
2. We have no official information regarding the full intentions of "Dubai Financial Group" regarding a full or partial disinvestment of their shares in MIG.
3. Other strategic shareholders of MIG have expressed their initial intentions to acquire the shares of "Dubai Financial Group" should the latter decide to proceed with a partial or full disinvestment of its stake in MIG. These intentions have been already communicated to "Dubai Financial Group" and are awaiting its response.
In light of all the above, it is evident that the recent developments in Dubai do not affect the operating performance of MIG.
ALUMIL ALUMINIUM INDUSTRY S.A. : 9M' 09 FINANCIAL RESULTS FOR THE COMPANY AND GROUP
See the announcement
INTRACOM CONSTRUCTIONS S.A.TECHN & STEEL CONSTR. : Publishing of the financial statements of INTRAKAT for the period from 01/01/2009 to 30/09/2009 according to I.F.R.S.
INTRAKAT informs the investment community that the Financial Data and Information for the period from 01/01/2009 to 30/09/2009 will be published on Saturday November 28th, 2009 in the newspaper "TO VIMA" .
The Financial Data and Information together with the Financial Statements under I.F.R.S. for the period from 01/01/2009 to 30/09/2009, company & consolidated, will be available on Friday November 27th, 2009 at the company's website www.intrakat.com, as well as at the ATHENS EXCHANGE website www.athex.gr, following the closing of the Athens Stock Exchange.
GR. SARANTIS S.A. : Purchase of Own Shares
The company GR. SARANTIS S.A., within the context of the share buyback program that was approved by the Company's Extraordinary Shareholders Meeting dated 02/06/2008 and modified by the Company's Extraordinary Shareholders meeting dated 11/11/2008, and based on article 5 (par.3) of the 2273/2003 Regulation of the European Commission, announces that it plans to proceed during the trading sessions between 27/11/09 and 04/12/09 to share purchases exceeding the limit of 25% of the average daily volume, as the latter is defined in par. 2 of the aforementioned article. The share purchases will not exceed the 50% of the average daily volume.
IASO S.A. : Announcement of regulated information according to the law 3556/2007
The company IASO S.A. announces, according to L.3556/2007 (art. 3 and art. 21) in combination with article 11 of Decision 1/434/03.07.2007 of the Hellenic Capital Market Commission that the Member of the Board of Directors, Mr THEOFANAKIS PANAGIOTIS of GEORGIOU (bound person according to article 13 of Law 3340/2005), on November 26th 2009, purchased 500 common shares, with a total net value of 1.828, 00euro
MOTORCYCLES AND MARINE ENGINE TRADE AND IMPORT COM : Share Buy Back
MOTODYNAMICS S.A. announces in accordance with article 16 of Greek Law 2190/20 and with Regulation no 2273/2003 of the European Comity, pursuant to the decision of the Annual General Meeting of Shareholders dated 30/5/2008 and the resolution of the Board of Directors dated 6/10/2008, that has proceeded on 26/11/2009 to the purchase of 186 own shares with an average purchase price Euro 1,70 per share and a total purchase price Euro 331,39. The above 186 shares were purchased through ALPHA FINANCE.
Á×ÏÍ S.A. HOLDING : Release of Q3 2009 financial results
AXON HOLDINGS S.A. hereby informs the investing public and shareholders that the condensed Interim Financial Statements of the Company for Q3 2009, shall be published in the newspaper KERDOS on Sunday, November 29, 2009. The aforementioned statements shall also be posted, on the same day, on the website of the Athens Exchange (www.athex.gr) and the Company's website www.axonholdings.gr.
Space Hellas : Announcement
Space Hellas announces: Financial Statements for the period 1/1/-30/9/2009 (3nd Quarter 2009) will be disclosed to the press on Monday November 30, 2009.
Additionally Space Hellas announces, that the Financial Statements as well the Financial Position of the 3nd Quarter 2009 (01.01.2009-30.09.2009) for the Holding Company and Group of Companies as an integral part of the Financial Report according to the article 5 of the Law 3556/2007 will be available on the official website of the Athens Stock Exchange www.ase.gr and on the website of Space Hellas S.A. www.space.gr before the opening of the Athens Stock Exchange on Monday November 30, 2009.
VIOHALKO S.A. : Results for the period 01/01/2009 - 30/09/2009
The consolidated turnover of ?VIOHALCO? for the period 01/01/2009 - 30/09/2009, amounted to euro 1.728 mil., decreasing by 40%, compared with the corresponding period of the year 2008. The consolidated profits before taxes, financing, investing results and depreciation (EBITDA) amounted to euro 59,78 million , compared with euro 289,72 mil., the consolidated results before taxes and minority rights for the period were losses amounting to euro 75,53 mil., compared with the corresponding results of 2008 amounting to euro 137,09 mil. profit. Finally the net consolidated results after taxes and minority rights amounted to euro 51,62 mill loss, (or euro -0,2588 per share), in comparison with euro 57,52 mil. profit for 2008 (or euro 0,2895 per share).
The Group's results were negatively affected by the prevailing global financial crisis, as a result of which the sales volume and products prices narrowed down significantly.
The Group's net liabilities from loans amounted to euro 1.023 mil., during the first nine months of 2008, decreasing by euro 91,2 mil. or 8,18%,compared with those of 31/12/2008, as a result of the continuous efforts of the Group's companies to achieve the highest improvement in the working capital management.
The VIOHALCO GROUP companies, due to the continuing negative international market conditions, go on to proceed to a series of reparative efforts, having as main goals the effective management of working capital, the decrease of the liabilities from loans, the decrease of the production cost and the development of the production of high value added goods.
Regarding the company VIOHALCO, S.A. the profits before taxes for the period 01/01 ? 30/09/2009 amounted to euro 4,4 mil. compared with euro 32,4 mil. for the corresponding period of 2008, decreasing by 86,42% due to the lack of dividend distribution, for the financial year 2008, by the subsidiary companies. Finally, the Company's income from rents amounted to euro 3,9 mil., increasing by 45%, compared with the relevant income of the corresponding period of 2008.
Data and information regarding the period 1.1.2009 - 30.09.2009 have been published in Follio dated November 27, 2009 of the daily paper KATHIMERINI and they will be presented, together with the interim financial statements, regarding the same period, in the company?s web site, www.viohalco.gr, as well as the Athens Exchange web site www.athex.gr.
ATTICA HOLDINGS S.A. : ANNOUNCEMENT OF REGULATED INFORMATION ACCORDING TO LAW 3556/2007
Attica Holdings S.A. (the Company), pursuant to the provisions of the Law 3340/2005 and the Law 3556/2007, the Decision 1/434/03.07.2007 and the Circular nr. 33 of the Hellenic Capital Market Commission, announces that SIVET HOLDING INC, which is closely associated to the Managing Director and Executive Board Member of the Company Mr. Petros Vettas, bought 10,500 ordinary shares of Attica Group of total value Euro 17,668.41 on 26th November, 2009.
ELBISCO HOLDING S.A. : Announcement of regulated information (law 3556/2007)
The company ELBISCO S.A. HOLDING based on law 3556/2007 (articles 3 and 21) as well as on Law 3340/2005 (article 13), announces that the firm AGAN S.A., legal entity closely associated with the chairman of ELBISCO's Board of Directors, Mr. Filippou Kiriakos, bought on November 25, 2009 one thousand (1,000) common shares for a total value of euro 510,00. With the completion of the aforementioned transaction, AGAN S.A. holds 7,050,664 shares and voting rights that represents a participation interest of 13,12% out of a total of 53,760,000 shares and voting rights. The company's shareholders structure from 2007 until today is available in the company's website (www.elbisco.gr).
NAT. BANK OF GREECE SA : Announcement
National Bank of Greece announces that its Board of Directors will convene on Wednesday, December 2, 2009 (12:00) with the following Agenda : election of Board Members in replacement of the resigning executive members, constitution of the Board into a Body and delegation of powers and functions - corporate representation.
VARVARESSOS S.A. : PRESS RELEASE - Financial results of the 9-month period.
VARVARESSOS S.A. turnover during the 9-month period of 2009 reached 14,69 million EURO compared to 15,22 million EURO the corresponding period in 2008. The company's exports came up to 8,18 million EURO. Losses before depreciation (EBITDA) have reached 1,34 million EURO contrary to losses 1,77 million EURO during the same period of 2008. Losses before taxes have reached 3,84 million EURO contrary to losses 4,49 million EURO at the same period last year. Losses after taxes reached 3,84 million EURO compared to losses 4,63 million EURO in 2008.
The aforementioned statements are posted at the company's website www.varvaressos.gr.
LAVIPHARM S.A. : Financial Results of 9M 2009 Profitability and constant growth highlight Lavipharm Group financial results of 9M 2009, maintaining its positive course since the beginning of the year.
Consolidated Turnover reached Euro 182,9 million compared to Euro 176,4 million during the 9M of 2008. The significant decrease in operating expenses (-14,9%) improved the Group operating results, which amount to Euro 1,9 million as opposed to negative operating results of Euro 3,1 million during the same period last year.
Earnings before interest, taxes, depreciation and amortization (EBITDA) reached Euro 4,8 million during the 9M 2009 from Euro 537 K during the same period of 2008. At this point, it is worth noting that the Consolidated Financial Results are positive, amounting to Euro 6,6 million as opposed to (Euro 7,3) million in 9M 2008, as they include a debt forgiveness of Euro 11,9 million from Lavipharm Corp., the subsidiary in the USA, as part of the settlement of its loan obligations that took place during Q1 2009.
As a result of the above, consolidated profits before taxes and minority rights reached Euro 8,5 million as opposed to losses of Euro 10,4 million during the respective period of the previous year, while profits after taxes and minority rights reached Euro 3,7 million as opposed to losses of Euro 8,1 million.
On the balance sheet, the aforementioned debt forgiveness reinforced significantly the Consolidated Shareholders Equity, which reached Euro 26,6 million, increased by 44,2% from December 31st 2008.
At the same time, through the restructuring of the remaining debt, a big portion of the short term debt converted to long term, reducing the percentage of the short term liabilities to 59% of the total liabilities, compared to 79% on December 31st, 2008.
Regarding the financial results of the mother company, Lavipharm S.A, the Turnover increased to Euro 41,5 million from Euro 40,1 million during the 9M of 2008 (+3,6%). The company's Operating Profits decreased to Euro 828 K from Euro 1,6 million, mostly due to increased selling expenses. As a result, profits before interest, taxes, depreciation and amortization (EBITDA) were reduced to Euro 2,9 million from Euro 3,8 million last year, while losses after taxes were reduced to Euro 944 K from Euro 44,1 million during 9M 2008, which resulted from a Euro 45,4 million write-off that took place in Q3 2008.
Always focusing on the company's growth and development and taking into account the current international economic and business constraints, Lavipharm proceeds carefully and diligently to all the necessary actions to primarily further enhance its commercial presence in Greece, and on the other hand, achieve a key position in the global pharmaceutical market.
ANEK LINES S.A. : FINANCIAL RESULTS FOR THE NINE MONTH PERIOD OF 2009
PRESS RELEASE
FINANCIAL RESULTS FOR THE NINE MONTH PERIOD OF 2009
+9% EBITDA increase to ? 32.8 mil.
+9% Net earnings increase to ? 10.5 mil.
+2% Increase of operating liquidity: operating cash flow ? 29.4 mil.
Traffic increase: Passengers (+9%), Vehicles (+9%), Trucks (-1%)
EK LINES S.A. (ANEK) announces its financial results for the period from January 1st to September 30th 2009, in accordance with the International Financial Reporting Standards (IFRS):
In the nine month period of 2009, ANEK Group operated in the Cretan, Aegean and Adriatic Sea lines through a total of 19 vessels under operation (13 of which are own). Passenger and vehicles traffic increased within the 3rd quarter, which is historically the most significant of every fiscal year due to passenger ferry shipping seasonality, while the Group extended its subsidized routes, covering the transportation needs of the Aegean Sea islands. As far as the Adriatic Sea lines are concerned, the overall decrease reported is attributed to the decline in truck transportation due to the recession.
At the same time, the agreement for the acquisition of a 33.35% stake in Hellenic Seaways (HSW) is expected to contribute to the increase of the Group's activity and is in line with the strategic development plan.
Turnover
More specifically, Group turnover in the nine month period of 2009 amounted to euro 221.3 mil. over euro 228.7 mil. in the nine month period of 2008, posting a decrease of 3.2%. This decrease is primarily attributed to the Adriatic Sea (euro 103.7 mil. over euro 116.2 mil.), where the recession and the global financial crisis had a major impact. On the contrary, domestic routes traffic posted an increase (euro 117.7 over 112.4 mil.) based on the penetration in new routes in the Aegean Sea and the dynamic course marked within the 3rd quarter.
The positive course posted in the 3rd quarter, is illustrated in the Parent Company's figures, where its turnover increased by 1.4% and amounted to euro 205.6 mil. over euro 202.7 mil. in the respective nine month period of 2008. Domestic routes turnover increased by 14.1% (euro 108.5 mil. over euro 95.1 mil.) while domestic fares turnover posting a 14.6% increase (euro 95.7 mil. over euro 83.5 mil.).
In the 3rd quarter, which is the most significant in terms of traffic, Group's turnover decreased by 1.7%, over the 3rd quarter of 2008 (euro 110.2 mil. over euro 112.1 mil.), while the parent company's turnover increased by 2.9% (euro 104.1 mil. over euro 101.2 mil.)
Gross Profit
Consolidated gross profit stood at euro 53.9 mil. over euro 51.8 mil. in the respective nine month period of 2008 posting an increase of 4.1%. Respectively, gross profit margin increased by 1.7 percentage points (pps) to 24.4% of consolidated turnover over 22.7% in 2008. This positive outcome was partially due to the decrease in fuel prices, which counterbalanced the increase in other operating expenses originating from the expansion of the fleet managed by the Group.
Respectively, the parent company's gross profit stood at euro 50.1 mil. over euro 49.6 mil. up by 1.0% versus the nine month period of 2008. As regards the 3rd quarter, consolidated gross profit increased by 3.9% over the 3rd quarter of 2008 (euro 43.5 mil. over euro 41.9 mil.), while the parent company's gross profit increased by 5.3% (euro 41.3 mil. over euro 39.2 mil.)
EBITDA
Group EBITDA increased by 9.0% and amounted to 32.8 mil. in the nine month period of 2009 versus euro 30.1 mil. in 2008, while EBITDA margin went up by 1.6 percentage points, standing at 14.8% of consolidated turnover versus 13.2% in the respective nine month period of 2008.
Company EBITDA stood at euro 30.6 mil. over euro 30.0 mil., posting an increase of 2.0% versus the nine month period of 2008.
In the 3rd quarter, Group EBITDA marked an increase by 3.7% over the 3rd quarter of 2008 (euro 33.6 mil. over euro 32.4 mil.) while the Parent Company EBITDA boosted by 4.0% (euro 31.9 mil. over euro 30.7 mil.).
Net earnings
Consolidated earnings after taxes and minority rights in the nine month period of 2009 amounted to euro 10.0 mil., over euro 9.6 mil., while the Company's net earnings decreased to euro 8.7 mil. over euro 10.2 mil. in the nine month period of 2008.
The final results were affected by the increased depreciation which rose by euro 2.2 mil. for the Company and 2.4 mil. for the Group.
In the 3rd quarter, consolidated net earnings posted a significant increase by 9.6% over the 3rd quarter of 2008 (euro 26.0 mil. over euro 23.7 mil.), while the Parent Company's net earnings went up by 8.4% (euro 25.1 mil. over euro 23.2 mil.)
Key developments in the nine month period of 2009
Within the nine month period of the current fiscal year ANEK Lines and its subsidiary LANE participated in the competitive tenders organized by the Ministry of Mercantile Marine, The Aegean and Island Policy for the service of routes through subsidized routes contracts regarding the transportation between various islands of the Aegean Sea. Both companies were successful tenderers and as a result, the vessel "ARTEMIS" (chartered) started serving the route of the Cyclades islands, the vessels "IERAPETRA" and "PREVELIS" served the routes between the Dodecanese islands, Crete, Cyclades islands and Piraeus and the vessel "V. KORNAROS" started serving the route between Crete, Kithira and Peloponnisos. Moreover, the vessel "HIGHSPEED 1" (chartered) served the route between the Sporadic Islands and Ag. Constantinos.
In April 2009 the Company signed with the insurance company INTERAMERICAN the pioneer agreement - group insurance contract " "Safely Together" that provides, medical assistance during the journey and 7 days after, to all ANEK passengers free of charge. ANEK Lines is the only company in the passenger ferry shipping sector that provides medical coverage to its passengers and this program has already proven the human-oriented character of the Company.
During May 2009 ANEK Lines signed an agreement with MINOAN LINES shipping company for the acquisition of 33.35% of HELLENIC SEAWAYS SA. Within the framework of the agreement, the amount of euro 22.5 mil. was paid within the 3rd quarter.
Finally, the chartering of the vessels "ARIADNI" and "EL. VENIZELOS" to foreign companies continued during the 3rd quarter. The positive financial results of the 2009 nine month period confirm the expansion strategy in new routes, subsidized or not, covering various destinations on the Greek islands, as well as the vessel chartering to third parties. Furthermore, the fuel cost decrease favored profit margins, particularly within the 3rd quarter.
MINOAN LINES SA : FINANCIAL RESULTS OF THE 9-MONTH PERIOD 2009

The Parent Company
For the 9-month period of 2009 the revenues stood at euro 140.1 million having been affected by the global crisis and the consequent decline of commercial activities between Greece and the member countries of the European Union. The aforementioned development affected negatively the truck traffic volumes on the routes of Adriatic Sea.
The operating profitability (EBITDA) was shaped at euro 17.4 while the net results after taxes for the 9-month period of 2009 stood at euro 56.5 million.
In the company's net results, the profit from Hellenic Seaways' valuation, amounted to euro 58.8 million, was included. According to the respective agreement, the sale of the participation in Hellenic Seaways will be concluded in 2012 with the full repayment of the agreed sale amount euro 125 million.
The Group
For the 9-month period of 2009, the group?s turnover and the operating profits (ÅBITDA) stood at the same level with that of the parent company.
The group's net results for the 9-month period of 2009 stood at euro 46.5 million presenting decline compared to the respective ones of the parent company. The differentiation, recorded and noted in the net results of the Group, in comparison with the ones of the parent company, is due both to the difference in the results from the valuation of the company Hellenic Seaways and its corresponding net results of the company in the period from 1/1 until 30/6/2009 during which Minoan Lines had material influence.
Traffic
Domestic Market
During the 9-month period of 2009 in the route Heraklion-Piraeus, despite the entrance of a new competitor with daily departures, the traffic volumes of passengers and cars posted increase compared to the respective period in 2009. The company managed to maintain its leading position and carried 828 thousand passengers, 124 thousand cars and 46 thousand trucks. Moreover, market shares were shaped at 63.7%, 61.2% and 42.8% for passengers, private cars and trucks respectively while Minoan Lines accomplished the 39.4% of trips in the market.
North Adriatic Routes
In the North Adriatic market (International routes / Ancona & Venice) a decrease in the traffic volumes of the whole market was noted due to the global economic recession. Minoan Lines, having as a principle the achievement of the most efficient economic operation of its fleet, succeeded in the 9-month period of 2009 higher market shares in all traffic categories compared to the respective share of trips. More specifically, the market shares stood at 37.3%, 37.8% and 33.6% for passengers, private cars and trucks respectively while Minoan Lines accomplished the 33.2% of trips in the market. Moreover, during the 9-month period of 2009 Minoan lines carried 479,000 passengers, 125,000 cars and 58,000 trucks.
Deployment of the vessel Cruise Europa
On October 15, 2009 the new building vessel Cruise Europa was deployed on the route Patra - Igoumenitsa - Ancona upgrading substantially the level of services on that route. Cruise Europa is the best cruise ferry in the Mediterranean and has been built to high standards similar to those of a cruise ship while it inaugurates a new era in the sea transportation services between Greece and Italy.
The vessel Cruise Europa can host up to 3,000 passengers, while, with a garage of 3,000 linear meters, it can carry 180 trucks and 250 cars.
SCIENS INTERNATIONAL INVESTMENTS AND HOLDINGS SA : Purchase of own shares
In accordance with article 4, par. 4 of Regulation 2273/2003 of the Commission of European Union, "Sciens International Investments and Holdings S.A." announces that following the resolution of the Extraordinary General Meeting of the Shareholders dated February 05, 2008 and the Board of Directors' resolutions dated March 5, 2008 and September 30, 2008, and in accordance with article 16 of L. 2190/1920, during the trading session of 27.11.2009 acquired 9,600 own shares through "MERIT Securities A.E.P.E.Y." at the price of euro 0.65 per share and the total value of the transaction amounted to euro 6,201.20.
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A. : GEK TERNA Group: 9M results of 2009

- Net earnings of 80.4 million euro for shareholders (325% increase)
- 30% increase in profitability on a comparable basIs
- Group investments at 192.8 million euro
According to the financial statements of 30/09/2009, which were prepared in accordance with the International Financial Reporting Standards, the 9-month results of 2009 for the GEK TERNA Group are as follows: Consolidated sales of GEK TERNA amount to 561.6 million euro compared to 455.9 million euro during the 9M of 2008, thus increased by 23.1% mainly due to increased sales from the construction segment.
Earnings before interest tax depreciation and amortization (EBITDA) of the GEK TERNA Group amounted to 65.7 million euro, compared to 64.7 million euro, posting an increase of 1.5% compared to the respective period last year. It is noted that during the previous year, EBITDA from the Real Estate segment amounted to 21.6 million euro, while this year such fell to 1.6 million euro due to the decline of activities in the real estate segment.
Earnings before interest and tax (ÅÂÉÔ) of the Group amounted to 44.9 million euro, compared to 47.1 million in 2008, decreased by 4.8% as a result of the Real Estate activity. Earnings before tax from continued operations posted an increase of 120% and amounted to 98.1 million euro compared to 44.6 million euro during the 9M of 2008, while net earnings after minority interest, amounted to 80.4 million euro, increased by 325% compared to the respective period last year, with the positive effect from the agreement with the French Group GDF SUEZ. On a comparable basis, excluding non-recurring extraordinary results, net earnings for shareholders amount to 24.6 million euro, increased by 30%.
The Group's total investments during the period amounted to 192.8 million euro and are mainly related to the Energy and Concessions segments. Total net debt amounts to 130.6 million euro, as the Group maintains cash & cash equivalents of 510.9 million euro, while total bank debt amounts to 641.5 million euro. Total equity amounted to 765.8 million euro, boosted significantly from the Group's high profitability.
As regards to the individual activities: the Group's construction backlog amounts to approximately 1.8 billion euro, 20% of which corresponds to the Middle East and Balkan markets. The construction turnover for third parties amounted to 492.8 million euro compared to 364.5 million during the 9M of 2008, posting a 35.2% increase, while operating profit (EBIT) of the segment amounted to 30.1 million euro compared to 13.5 million the respective period of 2008, increased by 122%.
In the Real Estate segment, sales amounted to 4.4 million euro compared to 27.1 million the respective period last year. The global crisis demands particularly cautious management in the Real Estate market. The total value of property owned and developed by the Group is about 300 million euro, while its debt leverage is less than 20%.
In the Concessions sector, turnover amounted to 17.6 million euro compared to 17.5 million euro during the 9M of 2008, while operating profit (EBIT) amounted to 0.9 million euro compared to 1.3 million during the respective period last year. Income from the segment is attributed to the management of the Ionian Road project and from the management of car parks. Income from Ionian Road as well as from the Central Greece Motorway is expected to increase significantly as the implementation of the projects proceeds gradually.
From the segment of Energy production from thermal sources, income for the Group amounted to 6.8 million concern the first HERON 1 back-up unit, while earnings before interest, tax, depreciation and amortization (EBITDA) of the segment amounted to 2.2 million euro. The Group's second unit is currently under construction in Viotia (HERON 2 - 435 MW capacity) and is expected to be incorporated in the system in early 2010. It is noted that the Group has already transferred 50% of the two aforementioned thermal units to the Group GDF SUEZ, thus exercising joint management on such.
In the Renewable Energy Sources (RES) sector, TERNA ENERGY, a subsidiary of GEK TERNA S.A., operates 148.6 MW of energy production facilities from Renewable Sources, while an additional 103.5 MW are under construction. Income from the production of energy from RES amounted to 22.8 million euro, increased by 37% while EBITDA amounted to 14.8 million during the 9M of 2009, increased by almost 31.7%.
NIREUS S.A. : Results for the nine months 2009
Press Release.
TERNA ENERGY S.A. : Results for the 9M of 2009
According to the financial statements of 30/09/2009, which were prepared in accordance with the International Financial Reporting Standards, the results for the 9M of 2009 of TERNA ENERGY are as follows:
Consolidated sales amounted to 51.4 mn euro compared to 55 mn euro during the 9M of 2008, thus posting a decrease of 6.5% that is due to the lower sales from the company?s construction activity towards third parties, which decreased by 25.6% and amounted to 28.6 mn euro compared to 38.5 mn euro the respective 9M period .
Income from the energy sector amounted to 22.8 mn euro compared to 16.5 mn euro during the respective period of 2008, posting an increase of 37.8% mainly due to the company?s increased installed capacity which has reached 148.6 MW. Earnings before interest tax depreciation and amortization (EBITDA) amounted to 19.6 mn euro compared to 18.9 mn euro in 2008, thus increased by 3.2% compared to the respective period last year. EBITDA from the energy segment amounted to 14.8 mn compared to 11 mn in 2008, posting a 33.7% increase. EBITDA from constructions amounted to 4.7 mn euro compared to 7.9 mn during the 9M of 2008, posting a 39% decline. Earnings before interest and tax (ÅÂÉÔ) amounted to 14.7 mn euro, decreased by 5.3% compared to 15.5 mn euro during the 9M of 2008, as a result of the lower construction activity.
Correspondingly, earnings before tax were affected by the lower interest income and amounted to 18.5 mn euro compared to 23.5 mn euro during the 9M 2008, thus posting a decrease of 20.4%.
Net earnings after minority interest, amounted to 13.8 mn euro compared to 17.3 mn euro the respective period of last year, thus decreasing by 20.2% compared to the 9M of 2008.
The Group's investments amounted to 83.4 mn euro for the first 9 months of 2009, as the investment plan is swiftly underway.
Cash flows from operating activities amounted to 18.2 mn euro, while the Group's net cash position (cash & cash equivalents minus bank debt) amounts to 81.3 mn euro.
TERNA ENERGY operates a capacity of 148.6 MW in RES facilities, while it is currently constructing 103.5 MW, which are expected to be installed gradually during the next quarters. The company has production licenses for additional 631 MW of wind parks and 112 MW hydroelectric projects, while it has submitted applications for production licenses that reach 2500 MW.
At the same time, the company aims at expanding its activities abroad, with emphasis on the Southeastern European region.
HERACLES GENERAL CEMENT COMPANY S.A. : HERACLES GROUP ANNOUNCES 3rd QUARTER 2009 RESULTS

Decreased sales due to the decline of building activity
Cost control mitigates impact and contributes to maintaining positive profit margins
HERACLES Group of Companies announced today sales amounting to 404.2 million Euro for the nine months of 2009, decreasing by 24.0% compared to the same period in 2008. Sales of the Company were at 360.9 million Euro, decreasing by 24.4% compared with the nine months of 2008.
The reduction in the sales volume of cement and other construction materials, due to the fall in construction activity, both in the domestic and international markets, had a concomitant effect on the turnover in the nine months period of 2009.
The Group's gross margin for the nine months of 2009 was at 24.0% and the Company's at 23.3%, from 22.5% and 24.2% respectively in the same period of 2008. Intensified efforts and measures taken to reduce operating costs and the optimization of production and supply chain processes, mitigated the impact of lower volumes and helped maintain positive profit margins.
Net profit after taxes for the Group amounted to 30.0 million Euro in the nine months of 2009, compared to 51.6 million Euro of the same period in 2008. The Company's net profit after taxes was 43.4 million Euro compared to 40.7 million Euro in the respective period of 2008. The income tax of the Group and the Company for the nine months period of 2009 declined as compared to 2008 due primarily to lower pre-tax operating profit.
TERNA ENERGY S.A. : Announcement
The company TERNA ENERGY S.A. announces that the IR REPORT with the Q3 2009 financial results will be posted on its website, www.terna-energy.gr and on ASE's website www.athex.gr.
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A. : PRESENTATION OF 9M 09 FINANCIAL RESULTS
The company GEK TERNA S.A. announces that the IR REPORT with the Q3 2009 financial results will be posted on its website, www.gekterna.gr and on ASE's website www.athex.gr.
KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A. : Publication of Financial Statements for the period 01/01/2009 -30/09/2009
KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A. announces that the figures and information for the period 01 January 2009 to 30 September 2009 will be published in newspapers KERDOS and NIKI on Saturday 28 November 2009 and will be posted on the company?s website at www.kiriacoulis.com. The interim financial statements for the period 01 January 2009 to 30 September 2009 will be posted on the above website as well.
GENERAL BANK OF GREECE S.A. : Announcement
Announcement.
GENERAL BANK OF GREECE S.A. : Financial results for the 9 months period ended 30 September 2009
Press Release.
NIREUS S.A. : Conference call for the nine months 2009 results
NIREUS SA notifies that a conference call for the nine months results 2009, open to analysts and institutional investors, will take place on Monday, 30 November 2009. The presentation of the conference call will be available in the Company's website www.nireus.gr / investor relations / group presentation. The presentation is also available in the Athens Exchange website www.ase.gr.
TERNA ENERGY S.A. : Presentation of 9M 2009 Financial Results
Presentation of 9M 2009 Financial Results
HERACLES GENERAL CEMENT COMPANY S.A. : INVITATION FOR THE EXTRAORDINARY SHAREHOLDERS' MEETING OF HERACLES GENERAL CEMENT COMPANY S.A.
According to Law 2190/1920 and the article 26 of the Company`s Articles of Association, the Shareholders are invited to the Extraordinary Meeting on December 21st 2009, day of the week Monday and at 17.00 hrs., at the premises of the Company, in Lykovrissi, Attica, 49-51 Sofokli Venizelou Street, in order to discuss and resolve on the following items of the agenda:
AGENDA
1. Decision on the merger with absorption by the Company of the 100% subsidiary ?Hellenic Cement Research Center Single Partner Ltd?, according to the provisions of L. 2190/20 and L. 2166/93 and Approval of the Draft Merger Agreement and the Introductory Report of the Board of Directors.
2. Designation of the representatives of the Company for the signature of the related notarial deed before the Notary Public.
The Shareholders will vote with one vote per share, according to the Law and to the Company?s Articles of Association. The Shareholders who wish to attend the Extraordinary Meeting, either in person or by a representative, should submit the following documents to the Company?s Offices at least five (5) days prior to the date of the Meeting:
a) The Shareholders who have appointed an operator (a Broker or a Bank) in the Dematerialised Securities System (DSS), should engage their shares through their operator, receive from them and deliver to the Company the relevant engagement certificate as issued by the Central Securities Depository S.A. (currently Greek Stock Markets S.A.) as well as any representation documents for their participation in the Extraordinary Meeting of Shareholders.
b) The Shareholders who have not appointed an operator, but have their shares registered on the Special Account of the Central Securities Depository (currently Greek Stock Markets S.A.), should engage their shares through a relevant statement addressed directly to the Central Securities Depository and deliver to the Company the relevant engagement certificate along with any representation documents.
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