Listed Company Search: Stock Symbol Search: Member Search:
 
 
 
Listed Companies' Press Releases
Press Search | Monthly Press
29/11/2010
TERNA ENERGY S.A.
NAT. BANK OF GREECE SA
ALPHA TRUST ÁNDROMEDA SA
INTRALOT S.A.
DIAS INVESTMENT CO. S.A.
EUROBANK PROPERTIES REIC
GR. SARANTIS S.A.
TITAN CEMENT COMPANY S.A.
PETZETAKIS S.A.
KLEEMANN HELLAS S.A.
TITAN CEMENT COMPANY S.A.
SCIENS INTERNATIONAL INVESTMENTS AND HOLDINGS SA
GREEK ORGANISATION OF FOOTBALL PROGNOSTICS S.A.
ALUMIL ALUMINIUM INDUSTRY S.A.
SPRIDER STORES S.A
SPRIDER STORES S.A
EUROMEDICA S.A.
SELECTED TEXTILE IND. ASSOC. S.A.
INTRACOM CONSTRUCTIONS S.A.TECHN & STEEL CONSTR.
COCA-COLA Å.Å.Å. S.A.
M. J. MAILLIS S.A.
Forthnet S.A.
AEGEAN AIRLINES S.A.
Forthnet S.A.
PUBLIC POWER CORPORATION SA
KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A.
NIREUS S.A.
NIREUS S.A.
MINOAN LINES SA
HERACLES GENERAL CEMENT COMPANY S.A.
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A.
EFG EUROBANK ERGASIAS SA.
EFG EUROBANK ERGASIAS SA.
SCIENS INTERNATIONAL INVESTMENTS AND HOLDINGS SA
PIRAEUS PORT AUTHORITY SA
GR. SARANTIS S.A.
F.G. EUROPE S.A.
TERNA ENERGY S.A.
TERNA ENERGY S.A.
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A.
VARVARESSOS S.A.
ELEFTHERI TILEORASI S.A.
HELLENIC FABRICS S.A.
NAT. BANK OF GREECE SA
ELLAKTOR S.A.
TERNA ENERGY S.A. : PURCHASE OF TREASURY SHARES
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 12.05.2010 and the Decision of the Board of Directors dated 22.06.2010, proceeded on November 26, 2010 through the member of the A.S.E. FORTIUS FINANCE S.A., with the purchase of 20,500 TERNA ENERGY's shares at an average price of 2.8268 euros per share and at with a total transaction value of 57,950.62 euros.
NAT. BANK OF GREECE SA : Press Release
At its meeting held on 23 November 2010 the Board of Directors of National Bank of Greece elected Ms Maria (Marily) Frangista as a new board member in replacement of Ms Maria Sklavenitou who submitted her resignation. Ms Frangista is managing director of shipping firm Franco Compania Naviera SA. Furthermore, she serves on other boards of directors and participates in the Foreign Affairs Committee of the Association of Greek Shipowners. She is also a member of charity organizations, museums and institutions of a social and cultural nature.
ALPHA TRUST ÁNDROMEDA SA : Announcement regarding the purchase of own shares
In compliance with Regulation No 2273/2003 of the Commission of the European Communities, the Company discloses that in implementing the decisions as of 09.10.2009 of the Extraordinary Shareholders Meeting and the Board of Directors, on the date mentioned hereafter proceeded with the purchases of own shares through the securities company EFG EUROBANK SECURITIES S.A. as follow:
On 26.11.2010, 1.227 shares of average acquisition cost 1,03 euro
INTRALOT S.A. : INTRALOT announces 9m2010 financial results
STRONG GROWTH OF REVENUES, STABLE EBITDA

INTRALOT Group today announces its financial results for the nine-month period ending September 30th 2010, prepared in accordance with IFRS.

In 3Q2010 INTRALOT's revenues reached €256.8m, posting a 33.4% y-o-y increase leading the 9-month revenues to €797.7m. In the same period EBITDA reached €39.0m, slightly below (-2.1% y-o-y) 3Q2009, shaping the EBITDA for the 9-month period at €109.8m. In 3Q2010 EBITDA margin posted a serious improvement, reaching 15.2%, pulling the 9M2010 margin to 13.8% compared to 13.2% in the 6M2010 period. Net profit was shaped at €11.7m (a drop of 25.8% y-o-y) mainly due to higher depreciation charges and a higher tax rate of 19.2% in 3Q2010 vs. 16.6% 3Q2009. Net Profit for the 9-month 2010 reached €37m.

Concerning the parent company, revenues remained at the levels of 9M09, by reaching €118.1m in 9M2010. EBITDA increased to €32.5m and Earnings After Taxes (EAT) increased by 77.5% reaching €27.1m in 9M2010.
Commenting on quarterly results INTRALOT Group CEO, Mr. Constantinos Antonopoulos, noted: "Regarding our Group's Q3 2010 results we are pleased to announce a robust growth of our revenues by more than 33% as compared to the same period last year and an almost flat EBITDA, despite the unfavorable comparison with last year due to the increase of the gaming tax in Bulgaria that took place in the beginning of 2010 and recession effects in a number of the markets that we operate. Net profits were weaker mainly due to higher depreciation charges and a higher group tax rate. Gross profits were positively affected from an improved payout in our betting operations.

Important developments of the past quarter include the starting of new projects in three US States in only four days, which set a new record in the industry and revealed the great operational expertise of INTRALOT, as well as the start ups in Morocco and Brazil. In addition, the Group is currently deploying VLTs in the Italian market, a process that is expected to be completed within the 1H of 2011. Moreover, the most recent contract in the US, in the Nation's capital, Washington D.C., became successfully operational within the previous week. Finally, the Group has been granted a license to operate online sports betting games in France, where we plan to also apply for online horse betting and poker licenses. Therefore, we will have a full range of games to be offered on both a B2B and B2C basis.

INTRALOT's existing portfolio of projects in more than 50 countries is one of our most significant assets. We believe that existing operations have ample room for improvement and expansion, therefore we will focus on new game content and marketing strategies to explore new business opportunities for our clients and our own operations. Moreover, the Company is evaluating some non-performing projects, the discontinuation of which will release resources.

In the near future several opportunities of considerable size are expected to arise in different regions: in Europe the regulated opening of the markets has a strong momentum. Many opportunities are expected to arise in the US, where private management contracts or so-called PPP projects (Private Public Partnerships), are expected to emerge."
DIAS INVESTMENT CO. S.A. : APPROVAL OF DRAFT MERGER AGREEMENT WITH DIAS S.A.
The Board of Directors of EFG Eurobank Ergasias S.A. (EUROBANK) and of DIAS Portfolio Investments S.A. (DIAS) announce that at their meetings on 26/11/2010 they approved the draft merger agreement for the absorption of DIAS by EUROBANK. The merger will take place by consolidating the assets and liabilities of both entities, on the basis of their merger balance sheets of November 2, 2010. The proposed stock exchange ratio is 6.2 existing DIAS shares for 1 new EUROBANK share and 1 new EUROBANK share for every 1 EUROBANK share held. The above is subject to the approval of the draft merger agreement by the General Meetings of the Shareholders of the merging companies.
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, 2010 the Company purchased 3.500 shares, with average price € 5.74 per share and total purchase price €20.090.
GR. SARANTIS S.A. : Purchase of own shares
In effect of the article 4, paragraph 4 of the 2273/2003 Regulation of the European Commission, the company GR. SARANTIS S.A. announces that according to article 16, Law 2190/1920, and based on the resolution of the Shareholder's Ordinary General Meeting which took place on the 30/06/2010, during the trading session of 26/11/2010, acquired 5,645 own shares through "INVESTMENT BANK OF GREECE S.A." at a price of 2.76 euro per share worth of 15,580.20 euros.
TITAN CEMENT COMPANY S.A. : Announcement pursuant to Law 3556/2007
Titan Cement Co. S.A. announces pursuant to Law 3556/2007 and Decision 1/434/3.7.2007 of the Hellenic Capital Market Commission and after relevant notification pursuant to article 13 of Law 3340/2005, that Mr. Andreas L. Canellopoulos, Chairman of the Company's Board of Directors, purchased on 25th November 2010, 5,000 common shares and on 26th November 2010, 5,000 common shares of the Company of a total value of € 74,920.57 and € 73,430.00 respectively.
PETZETAKIS S.A. : Announcement (revised Announcement)
"A.G. PETZETAKIS S.A." announces that as from today, 26.11.2010, Mr. Spyridon Dontas is resuming the duties as Group General Director.
He holds a Master Degree from NewCastle and from the 30.06.2009 until the 16.07.2010 he held the position of Vice President and Executive Member of the BoD, on which date he resumed his duties as Chief Officer of Internal Management of the Group till today.
KLEEMANN HELLAS S.A. : Results 3Q 2010
Kleemann group is proceeding in the intensification of its exporting activities in the context of its strategy of entering new markets and extroversion enhancement.
During the nine-month period of the current fiscal year, signs from the foreign subsidiary companies are positive, particularly from Turkey, with Kleemann Asansor's sales being increased in the nine-month period by 32% in comparison with the relevant previous year period. In Serbia, signs of turnover recovery can be seen as well as improvement of financial results, while sales of the Romanian subsidiary appear stagnant.
For the examining period, international sales of the group account for 54% of its turnover, which in combination with the constant development of its clientele, its distribution networks, and its product range makes the management optimistic regarding its future prospects.
Similarly, market condition in Greece is tackled with new policies such as the subsidy for old lift renovation program, the enhancement of its media communication program, the expansion of its partners network specialized in complete lift systems and additional incentives for the promotion of its complete lift systems with the Kleemann design brand.
Meanwhile, regarding the financial results of the nine month period, in group level turnover amounted to 66.47 million euros against 70.51 million euros in the corresponding period in 2009, a decrease of 5.7%, while gross profit margin improved from 33.7% to 34.6%. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) declined from 10.81 million euros to 7.45 million euros and profit before tax for the nine month period amounted to 5.24 million euros versus 8.40 million euros of the corresponding period of last year, showing a decrease of 37.6%. Finally, earnings after tax and minority interests decreased from 5.05 million euros to 2.09 million euros.
It should be noted that the group's financial results are aggravated by increased provisions for doubtful debts as well as exchange rate differences. In addition, the group's net after taxes profitability is also influenced by the special tax imposed on profitable companies under L.3808/2009, amounting 880.000 euros. Without the aforementioned facts, its profitability would remain approximately at the levels of 2009.
An important fact is that the group's liquidity was maintained at high levels in the third quarter of 2010, particularly due to its improved operating activity cash flows. Therefore, despite the increased investments - amounting 3.4 million euros - for the completion of the high speed testing multi-storey tower and the payment of dividend for 2009 amounting 2.8 million euros, the group proceeded to the reduction of its loans by 500.000 euros.
TITAN CEMENT COMPANY S.A. : Announcement pursuant to Law 3556/2007
Titan Cement Co. S.A. announces pursuant to Law 3556/2007 and Decision 1/434/03.7.2007 of the Hellenic Capital Market Commission and after relevant notification pursuant to article 13 of Law 3340/2005, that Mr. Nellos Canellopoulos, executive member of the Company's Board of Directors, purchased on 25th November 2010, 1,000 common shares of the Company and on 26th November 2010, 1,018 common shares of the Company, of a total value of € 14,870.00 and € 14,958.16 respectively.
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 May 20, 2010 and the Board of Directors resolution dated May 20, 2010, and in accordance with article 16 of L. 2190/1920, during the trading session of 26/11/2010 acquired 5,500 own shares through PROTONBANK S.A. at the price of € 0.37 per share and the total value of the transaction amounted to € 2,035.00.
GREEK ORGANISATION OF FOOTBALL PROGNOSTICS S.A. : RELEASE OF REGULATED INFORMATION OF LAW 3556/2007
OPAP S.A. announces, that pursuant to Law 3556/2007 and Law 3340/2005, as well as the Capital Market Commission's decisions 3/347/12.7.2005 and 1/434/3.7.2007, Eurobank EFG Equities S.A, notified OPAP S.A. on 26.11.2010, that:
1) Bought on 24.11.2010, 1.359 common registered shares of OPAP S.A. at a total value of € 17,069.04
2) Sold on 24.11.2010, 1.359 common registered shares of OPAP S.A. at a total value of € 16,973.70
3) Bought on 24.11.2010, 5.541 common registered shares of OPAP S.A. at a total value of € 68,213.63
4) Sold on 24.11.2010, 1.389 common registered shares of OPAP S.A. at a total value of € 16,973.58
5) Sold on 25.11.2010, 1.389 common registered shares of OPAP S.A. at a total value of € 17,268.15.
The notification by Eurobank EFG Equities S.A. to OPAP S.A. and accordingly, by OPAP S.A. to the Capital Market Commission, is disclosed precisely because, Mr. Dimosthenis Archontidis holds a managerial role as a non-executive member of the Eurobank EFG Equities S.A. Board, while at the same time he is a non-executive Member of the OPAP S.A. Board (liable person according to Law 3340/2005).
ALUMIL ALUMINIUM INDUSTRY S.A. : 9M' 10 FINANCIAL RESULTS FOR THE COMPANY AND GROUP
"ALUMIL ALUMINIUM INDUSTRY S.A." administration announces stabilization in sales and improvement in gross profitability for the current period. In particular, Group presented decrease in sales by 3.8%, reaching € 146.9 m., compared to € 152.8 m. in 9M 2010.
Gross profits increased by approximately 4.7%, reaching € 32.9 m., compared to € 31.4 m. in 9M 2009, while EBITDA, increased by 38.2%, reaching € 15.3 m., compared to € 11.1 m. for 9M 2009. Earnings before taxes reached € 234 thousand, compared to 9M 2009 (losses € 6.4 m.). Consequently, losses per share reached € 0.0761 (Losses € 0.3371 for 9M 2009).
The further significant improvement in gross profitability, continues to be the fact that during the corresponding period in 2009, the company used expensive raw material (from the execution of purchase contracts of 2008), and to the reduction in production cost, brought about by the Administration?s effort to adapt to the new economic environment.
The significant improvement of results is mainly attributed to the increase in gross profit, in the reduction of operating costs after a concerted effort by the Administration, and the significant reduction in financial expenses due to reduced bank lending and loan restructuring.
Regarding parent company financials, 9M 2010 turnover slightly decreased by 1%, to € 104.3 m., compared to € 105.4 m. in 9M 2009. Losses before taxes reached approximately € 1.6 mil. compared to 9M 2009 (losses € 7 m.) and net results after taxes reached minus € 1.2 mil. compared to 9M 2009 (losses € 4.8 m.).
Data and Information of the Financial Statements are published on Monday, Novemebr 29th, 2010, in the Hellenic financial newspaper "IMERISIA". Aforementioned data are also available in the Alumil web site, www.alumil.com, along with the complete Financial Statements? report and the corresponding announcements.
SPRIDER STORES S.A : ANOUNCEMENT REGARDING THE DRAFT AMENDMENT OF THE ARTICLES OF ASSOCIATION
Article 3 is amended as follows:
Article 3
Scope of Business
The Company's scope of business is:
1.To produce and trade garments, sportswear, sea outfit, shoes, leather products, fabrics, yarns, every kind of accessory and home products as well as gums, lollipops and other readymade sugar candies or sugar products, concert, cinema and theatre tickets and other artistic or non-artistic events, or space, cds, dvds and any other sort of sound and video recording means. To import and export the aforementioned products. To represent domestic or international houses, which produce the aforementioned or similar products and to distribute in wholesale or retail in the Greek or international markets. To acquire, exploit any sort of right, privilege and license to use third party technical knowhow and brands which service the scope or are useful to the Company?s endeavors. In pursuit of the aforementioned scopes the Company may participate in any company of similar or not scope of business, in any company form and (or) to cooperate with them as well as to provide all sort of guarantees to third party on behalf of subsidiaries or other affiliated companies of the Company, as the Board of Directors deems necessary.
2.To construct and commercially use real estate.
The following paragraph is added to article 5:
Article 5
Share Capital
êâ. The Extraordinary General Shareholders? Meeting as at 27/12/2010 resolved the following:
i.the increase of the share's par value from EUR 0.30 to EUR 0.90 and the decrease of the current 78,787,980 outstanding common registered shares of par value EUR 0.30 each, to convert to 26,262,660 outstanding common registered shares of par value EUR 0.90 each, which are to be distributed pro bono to the current shareholders pro rata one (1) new share for every three (3) held.
ii.The amendment of article 5 of the Articles of Association
As a result of the above the Company's share capital amounts to EUR 23,636,394.00 divided into 26,262,660 common registered shares of par value EUR 0.90 each.
SPRIDER STORES S.A : EXTRAORDINARY GENERAL MEETING
INVITATION TO THE SHAREHOLDERS OF COMMON REGISTERED SHARES OF THE SOCITETE ANONYME «SPRIDER STORES S.A.» TO THE EXTRAORDINARY GENERAL MEETING
The Board of Directors of SPRIDER STORES SA (hereinafter “The Company”), according to the Law 2190/1920 and the company's Articles of Association, invites the shareholders of common registered shares of the Company, to the Extraordinary General Meeting, to be held on Monday, December 27, 2010, at 17.30 at the company's headquarters at Syrou 1 street, OSAM region, 153 49 Anthoussa Attica, in order to discuss and resolve on the following items of the daily agenda:
1. Increase of the Company’s shares par value and the subsequent decrease of the number of shares (reverse split). Amendment of Article 5 of the Company’s Articles of Association regarding the share capital.
2. Amendment of article 3 of the Company regarding its scope of business
3. Validation of the elected members of the Board in replacement of the resigned.
In case of no quorum under the provisions of the current legislation for resolving on the items of the daily agenda, the 1st Repeat General Meeting will convene on Monday January 3, 2011, at 17:30 at the same place and the same items of the daily agenda.
Pursuant to article 26(2b) and 28a of codified law 2190/1920, as in effect following the amendment by means of article 3 of law 3884/2010, the Company informs shareholders of the following:
A. ENTITLEMENT TO PARTICIPATE AND VOTE: Any person appearing as a shareholder (i.e. holder of ordinary registered shares of the Company) in the registry of the Dematerialized Securities System [formerly the Central Securities Depository] managed by Hellenic Exchanges S.A. (“HELEX”), in which the shares of the Company are recorded, is entitled to participate in the Extraordinary General Meeting, as outlined below. Proof of shareholder status should be made by presenting relevant written certification from HELEX .Alternatively, proof of shareholder status can be made through direct electronic link-up of the Company with the records of the Dematerialized Securities System.
Sharehorder status should exist at the latest by 22.12.2010 (recording date) that is the fifth (5) day prior to the General Meeting, dated 27.12.2010, and the relevant written certification or the electronic verification of shareholder status must have been received by the Company by the 3rd day before the date of the General Meeting.
For the First Repeat General Meeting, the shareholder status should be existing at the start of the 30/12/2010 (the day of the 1st Repeat General Meeting) or the fourth (4th) day prior to the date of the 1st Repeat Extraordinary General Meeting (the day of the 1st Repeat General Meeting) and the relevant written certification or the electronic verification of shareholder status must have been received by the Company by 30/12/2010 at the latest, i.e. on the 3rd day prior to the date of the General Meeting. Only those who have shareholder status on the said Record Date shall be considered to be entitled to participate and vote in the General Meeting. Shareholders who do not comply with the provisions of article 28a of the Codified Law 2190/1920 may participate in the General Meeting only after the Meeting has authorized them to do so. It is noted that in order to exercise the said rights (participation and voting), it is not necessary to block the shares or follow any other similar process that may restrict the ability to sell and transfer shares in the period between the Record Date and the date of the General Meeting.
Â. MINORITY RIGHTS:
(a) If shareholders representing 1/20 of the paid-up share capital of the Company so request, the Company’s Board of Directors is obliged to include additional items in the Agenda of the General Meeting, provided that the said request is communicated to the Board by 12/12/2010, i.e. at least fifteen (15) days prior to the General Meeting. The said request on additional items to the daily agenda should be accompanied by justification or a draft resolution to be approved by the General Meeting and on 15/12/2010, i.e. 13 days prior to the Extraordinary General Meeting, the revised agenda should be disclosed in the same manner as the previous agenda, and at the same time made available to shareholders through the Company’s website, along with the justification or draft resolution tabled by the shareholders, in accordance with the provisions of article 27.3 of the Law 2190/1920.
(b) If shareholders representing 1/20 of the paid-up share capital of the Company so request, the Board of Directors shall, in accordance with the provisions of article 27.3 of the Companies Act, make available to shareholders by 21/12/2010 at the latest, i.e. at least six (6) days prior to the General Meeting, any draft resolutions on the items included in the initial or revised agenda, provided that the said request is communicated to the Board by 20/12/2010, i.e. at least seven (7) days prior to the General Meeting.
(c) If any shareholder so requests, and provided that the said request is filed with the Company by 22/12/2010, i.e. at least five (5) full days prior to the General Meeting, the Board of Directors is obliged to provide the General Meeting with the specific requested information regarding the affairs of the Company, insofar as such information is relevant to a proper assessment of the items on the daily agenda. The board of directors may decline to provide such information citing sufficient material grounds, and this should be recorded in the minutes. The Board of Directors may provide a single answer to shareholders’ requests that are of similar content. The obligation to provide information does not apply in the event that such information is already available through the Company’s website, particularly in the case of frequently asked questions.
(d) If shareholders representing one fifth (1/5) of the paid-up capital of the Company so request, and provided that the said request is filed with the Company by 22/12/2010, i.e. at least five (5) full days prior to the General Meeting, the Board of Directors is obliged to provide the General Meeting with information on the course of the business affairs and financial status of the Company. The Board of Directors may decline to provide such information citing sufficient material grounds, and this should be recorded in the minutes. Relevant time schedules for exercising minority rights apply in the cases of Repeat Meetings. In all the aforesaid cases the shareholders making requests are required to prove their shareholder status as well as the number of shares they hold as at the time of exercising the relevant right. A certificate to this effect by the authorized Body or verification of shareholder status through direct electronic link-up between the records held by the Authorized Body and the Company may also serve as such proof.
C. PROCEDURE FOR VOTING BY PROXY:
The shareholder may participate in the General Meeting and may vote either in person or by proxy. Each shareholder may appoint up to three (3) proxy holders. Legal entities may participate in the General Meeting by appointing up to three (3) natural persons as proxy holders.
However, if the shareholder owns shares of the Company that are held in more than one Investor Securities Accounts, such limitation shall not prevent the shareholder from appointing, in respect of the General Meeting, separate proxy holders for the shares appearing in each Account. A proxy holder holding proxies from several shareholders may cast votes differently for each shareholder. Prior to the commencement of the General Meeting proccedings, the proxy holder must disclose to the Company any particular facts that may be of relevance for shareholders in assessing the risk that the proxy holder may pursue interests other than those of the shareholder. Within the meaning intended in this paragraph, a conflict of interest may arise in particular when the proxy holder: (a) is a controlling shareholder of the Company or is another entity controlled by such shareholder; (b) is a member of the board of directors or the broader management of the Company, or of a controlling shareholder or an entity controlled by such shareholder; (c) is an employee or an auditor of the Company, or a controlling shareholder or an entity controlled by such shareholder; (d) is a spouse or close relative (1st degree) of a natural person referred to in (a) to (c) hereinabove. The appointment and revocation of appointment of a proxy holder shall be made in writing and shall be notified to the Company in writing at least three (3) days prior to the date of the General Meeting. The Company shall make available the form to be used for appointing a proxy holder on its website (www.spriderstores.com). The said form, filled in and signed by the shareholder, must be filed with the Company’s Headquarters (Syrou 1 street, OSAM region, 153 49 Anthoussa Attica) or sent by fax to +30 2106031533 at least three (3) days before the date of the General Meeting.
Shareholders should confirm that the appointment-of-proxy form has been successfully received by the Company by calling +30 210 6609924.
D. AVAILABLE DOCUMENTS AND INFORMATION: Hard copies of the full text of the draft resolutions and any documents specified under article 27.3(c) and (d) of the Companies Act can be obtained from the Company’s Headquarters (Syrou 1 street, OSAM region, 153 49 Anthoussa Attica)
Å. AVAILABLE INFORMATION: The information required under article 27.3 of the Companies Act, will be available in electronic form on the website of the Company www.spriderstores.com
EUROMEDICA S.A. : Release of 9M 2010 financial results
EUROMEDICA S.A. hereby informs the investing public and shareholders that the condensed Interim Financial Statements of the Company for 9M 2010, shall be published in the newspaper KERDOS on Tuesday, November 30, 2010. 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.euromedica.gr
SELECTED TEXTILE IND. ASSOC. S.A. : Announcement of regulated information according to law 3556/2007
SELECTED TEXTILES SA, in accordance with the provisions of Law 3556/2007, coupled with article 11 of Decision 1/434/3.7.2007 of the Hellenic Capital Market Commission, announces the following:
Mr Åvripidis Ch.Dontas, Vice-President of the Board of Directors and managing director of the company, (liable according to article 13 of Law 3340/2005), proceeded, on 26-11-2010, to the acquisition of 8.283 registered common shares of the company at the price of € 2.462,07.
INTRACOM CONSTRUCTIONS S.A.TECHN & STEEL CONSTR. : Announcement of controlled information pursuant to Law 3556/2007 - publishing of the financial statements of INTRAKAT for the period from 01/01/2010 to 30/09/2010 according to I.F.R.S.
INTRAKAT informs the investment community that the Financial Data and Information for the period from 01/01/2010 to 30/09/2010 will be published on Tuesday November 30th, 2010 in the newspaper "HRIMATISTIRIO".
The Financial Data and Information together with the Financial Statements under I.F.R.S. for the period from 01/01/2010 to 30/09/2010, company & consolidated, will be available on Monday November 29th, 2010 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.
COCA-COLA Å.Å.Å. S.A. : Coca-Cola Hellenic announces tender offer for certain outstanding notes due 2011
NOT FOR DISTRIBUTION TO ANY UNITED STATES OR ITALIAN PERSON, OR TO ANY PERSON RESIDENT AND/OR LOCATED IN THE UNITED STATES OR THE REPUBLIC OF ITALY
- Coca-Cola Hellenic Bottling Company, S.A. (''Coca-Cola Hellenic'' or the ''Company'', together with its consolidated subsidiaries, the "Group") announced today a cash tender offer by Coca-Cola HBC Finance B.V. (the ''Issuer'') for the repurchase of its existing EUR 500,000,000 4.375% Fixed Rate Notes due 2011 ("the Notes") issued by the Issuer and guaranteed by the Company and Coca-Cola HBC Finance plc (the ''Invitation''). The purpose of the Invitation is to lower the Group's interest expense and improve its debt profile.
The Issuer invites holders of the Notes to offer such Notes up to 16:00 hours, London time, on 6 December 2010. Offers must be rendered in the manner set forth in the Invitation for Offers (as defined below). The purchase price for the Notes will be 102.1. The Issuer will also pay accrued interest up to but excluding the expected settlement date of 14 December 2010. The Dealer Managers in relation to the Invitation are Bank of America Merrill Lynch, Deutsche Bank and The Royal Bank of Scotland.
Details of the transaction are set forth in an Invitation for Offers dated 29 November 2010 (the ''Invitation for Offers'').
Copies of the Invitation for Offers, including information relating to mechanics, may be obtained by eligible Note holders by contacting the following Tender Agent: Lucid Issuer Services Limited (: +44 (0) 207 704 0880). For information regarding the terms and conditions of the Notes, please contact the Dealer Managers: Bank of America Merrill Lynch (+44 20 7995 3715/2324, john.m.cavanagh@baml.com/ tommaso.gros-pietro@baml.com); Deutsche Bank (+44 207 545 8011, liability.management@db.com); and The Royal Bank of Scotland (+44 207 085 3781, liabilitymanagement@rbs.com).
Jurisdictional Restrictions
The Invitation does not constitute an offer to purchase Notes. The Invitation does not constitute a solicitation of an offer to sell Notes in any jurisdiction in which such solicitation or offer is unlawful, and offers to sell will not be accepted from holders of Notes located or resident in any jurisdiction in which such solicitation or offer is unlawful. In those jurisdictions where the securities or other laws require the Invitation to be made by a licensed broker or dealer and in which any of the Dealer Managers or any of their respective affiliates are so licensed, any actions in connection with the Invitation shall be deemed to be made on behalf of the Issuer by such Dealer Manager or such affiliates.
The distribution of the Invitation for Offers in certain jurisdictions is restricted by law. Persons into whose possession the Invitation for Offers comes are required by the Issuer, the Dealer Managers and the Tender Agent to inform themselves about, and to observe, any such restrictions Holders of Notes with any questions on the Invitation should contact the Dealer Managers for further information.
United States
The Invitation is not being made and will not be made, directly or indirectly, in or into, or by use of the mails of, or by any means or instrumentality (including, without limitation, facsimile transmission, telex, telephone, email and other forms of electronic transmission) of interstate or foreign commerce of, or any facility of a national securities exchange of, the United States, and no Offer may be made by any such use, means, instrumentality or facility from or within the United States, or to United States persons or by persons located or resident in the United States. Accordingly, copies of the Invitation for Offers and any other documents or materials relating to the Invitation are not being, and must not be, directly or indirectly, mailed or otherwise transmitted, distributed or forwarded in or into the United States, or to U.S. persons or to persons located or resident in the United States. Any purported Offer resulting directly or indirectly from a violation of these restrictions will be invalid and Offers made by a person located or resident in the United States or any agent, fiduciary or other intermediary acting on a non-discretionary basis for a principal located or resident in the United States will not be accepted. For the purposes of this paragraph, United States means the United States of America, its territories and possessions, any state of the United States of America and the District of Columbia.
Italy
The Invitation is not being made in the Republic of Italy (Italy). The Invitation for Offers has not been submitted to the clearance procedure of the Commissione Nazionale per le Societ' e la Borsa (CONSOB) pursuant to Italian laws and regulations. Accordingly, holders of Notes are notified that, to the extent holders of Notes are resident and/or located in Italy, the Invitation is not available to them and they may not make Offers and, as such, any Offer received from such persons shall be ineffective and void, and neither the Invitation for Offers nor any other documents or materials relating to the Invitation or the Notes may be distributed or made available in Italy.
United Kingdom
The communication of this announcement and any other documents or materials relating to the Invitation (including the Invitation for Offers) is not being made in the United Kingdom and such documents and/or materials have not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000. Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom, and are only for circulation to persons outside the United Kingdom or to persons within the United Kingdom falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order)) or within Article 43(2) of the Order, or to other persons to whom it may lawfully be communicated in accordance with the Order.
Belgium
Neither this announcement, nor the Invitation for Offers has been submitted for approval to the Belgian Banking, Finance and Insurance Commission and, accordingly, the Invitation may not be made in Belgium by way of a public offer, as defined for the purposes of the law of 1 April 2007 on public takeover bids. The Invitation is consequently addressed in Belgium exclusively to, and may only be accepted by, holders who are qualifying investors within the meaning of Article 10 of the law of 16 June 2006 on public offerings of investment instruments and the admission of investment instruments to trading on regulated markets, or who can otherwise make the representation set out in paragraph 6 of the Procedures for Participating in the Invitation (Holders' Representation, Warranties and Undertakings) of the Invitation for Offers.
France
The Invitation is not being made directly or indirectly, to the public in the French Republic. Neither the Invitation for Offers, nor any other offering material or information relating to the Invitation, has been submitted for clearance to the Autorit' des March's Financiers and they may not be released, issued, or distributed or caused to be released, issued, or distributed, directly or indirectly, to the public in the French Republic, except to (i) providers of investment services relating to portfolio management for the account of third parties and/or (ii) qualified investors (investisseurs qualifi?s), other than individuals, all as defined in, and in accordance with, Articles L.411-1, L.411-2 and D.411-1 to D.411-3 of the French Code Mon?taire et Financier.
ENQUIRIES
Eleni Tsigka
Treasury Finance Manager
0030 210 618 3222
e-mail: eleni.tsigka@cchellenic.com
Bart Jansen
Treasury Director
0030 210 618 3123
e-mail: Bart Jansen@cchellenic.com
About Coca-Cola Hellenic
Coca-Cola Hellenic is one of the world's largest bottlers of products of The Coca-Cola Company with sales of more than 2 billion unit cases. It has broad geographic reach with operations in 28 countries serving a population of approximately 560 million people. Coca-Cola Hellenic offers a diverse range of ready-to-drink non-alcoholic beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca-Cola Hellenic is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting our business in ways that protect and preserve the environment and contribute to the socio-economic development of our local communities.
Coca-Cola Hellenic's shares are listed on the Athens Exchange (ATHEX: EEEK), with a secondary listing on the London Stock Exchange (LSE: CCB). Coca-Cola Hellenic's American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE: CCH). Coca-Cola Hellenic is included in the Dow Jones Sustainability and FTSE4Good Indexes. For more information, please visit www.coca-colahellenic.com
M. J. MAILLIS S.A. : New era for M. J. MAILLIS S.A. Conclusive agreement with the Group's creditors has been signed.
Press Release.
Forthnet S.A. : Announcement of regulated information of the Law 3556/2007 and the article 13 of the Law 3340/2005.
Forthnet S.A. (the "Company") announces that "Cyrte Investments GP I B.V." as General Partner of "CFI Invest C.V.", a legal entity related to Forthnet's BoD Member Mr. Fransciscus Botman, notified on the 25th of November 2010 the Company of the acquisition of 7,300,000 common registered shares in the Company, with a total value of 2,632,796 euro, which took place on the 23rd of November 2010.
By the above notification it is mentioned that "Cyrte Investments B.V." which controls "Cyrte Investments GP I B.V.", is the manager of CFI Invest C.V. Mr Fransciscus Botman is the Statutory Director of Cyrte Investments B.V.
Ôhe announcement is made in accordance with the Law 3340/2005 (article 13), the HCMC Decision 3/347/2005, as well as the Law 3556/2007 and the HCMC Decision 1/434/03.07.2007, as well as the Athens Exchange Rulebook, par. 4.1.3.1 and 4.1.3.6.
AEGEAN AIRLINES S.A. : Regulated information according to Law 3556/2007
AEGEAN AIRLINES S.A. announces, that according to L. 3556/2007 in combination with the resolution of the Hellenic Capital Market Commission 1/434/3.7.2007, Mr. Theodore Vassilakis, Chairman of the BoD of the company (person obliged to notify pursuant to article 13 of Law 3340/2005) purchased on 25/11/2010 and on 26/11/2010, 11,857 and 2,057 common registered shares of Aegean Airlines of total value Euro 25,178.91 and Euro 4,432.81, respectively.
Forthnet S.A. : Announcement of regulated information of Law 3556/2007
Forthnet S.A. (hereinafter the "Company") informs the investors, that, "Cyrte Investments B.V.", by its 26/11/2010 notification, informed the Company of the change in percentage of the control on the Company's share capital from 10,28% corresponding to 15,976,838 voting rights and equal number of shares to 14,98% corresponding to 23,276,838 voting rights and equal number of shares
It also notified that it controls the said percentage through its subsidiary "CYRTE INVESTMENTS GP I B.V.", which represents CFI INVEST C.V. which according to its declaration is holder of the said shares.
This announcement is made in accordance with the Law 3556/2007 and the resolution 1/434/03.07.2007 of the Hellenic Capital Market Commission and the Athens Exchange Rulebook, par. 4.1.3.1 and 4.1.3.6.
PUBLIC POWER CORPORATION SA : Announcement
Announcement
KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A. : Publication of Financial Statements for the period 01/01/2010 -30/09/2010
KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A. announces that the figures and information for the period 01 January 2010 to 30 September 2010 will be published in newspapers CHRIMATISTIRIO and NIKI on Tuesday 30 November 2010 and will be posted on the company?s website at www.kiriacoulis.com. The interim financial statements for the period 01 January 2010 to 30 September 2010 will be posted on the above website as well.
NIREUS S.A. : Press Release.
Read the Press Release.
NIREUS S.A. : 9 Months 2010 Results Presentation.
Read the Presentation.
MINOAN LINES SA : FINANCIAL RESULTS FOR THE 9-MONTH PERIOD 2010
Minoan Lines 9-month Financial Results Affected mainly by:
-The Significant Increase of Fuel Cost (+40.0%)
-The Unprecedented Economic Recession in Greece
-The Increased Competition
Financial Results
Within this unfavorable economic environment, Minoan Lines, having followed over the past years a bank loan reduction approach as well as a reduction of operating expenses, has substantially strengthened its overall financial position. All this has allowed the company to surpass any difficulties arising from the unprecedented and negative economic crisis in Greece.
For the 9-month period of 2010 the revenue stood at € 136.2 million while the operating results (EBITDA) were shaped at € -4.7 million. Minoan Lines net results after taxes in the 9-month period of 2010 stood at € -21.1 million. In the net results the amount of € 1.1 million is included which is a one-off special tax contribution. It should be noted that financial results for the 9-month period of 2010 were significantly affected by both the high fuel cost (40.0% in comparison with the respective period of 2009) and the intensive competition.
The Group's turnover was shaped at € 136.4 million and the operating profits (ÅBITDA) and net results stood at the same level with that of the parent company.
Traffic
North Adriatic Routes
In the North Adriatic market (International routes / Ancona & Venice) Minoan Lines, having as a guiding principle the achievement of the most efficient economic operation of its fleet, succeeded in the 9-month period of 2010 higher market shares in all traffic categories in comparison with the respective share of trips. More specifically, the market shares stood at 40.1%, 37.9% and 39.6% for passengers, private cars and trucks respectively with Minoan Lines accomplishing the 36.6% of trips in the North Adriatic market. Moreover, during the 9-month period of 2010, Minoan lines carried 513,000 passengers, 123,000 cars and 63,000 trucks.
Domestic Market
During the 9-month period of 2010 on the Heraklion - Piraeus route, the Company managed to maintain its leading position in the market succeeding higher market shares in all traffic categories in comparison with the respective share of trips. More precisely, with the Company having realized the 40.4% of trips, the market shares reached 55.0% for passengers, 46.2 % for private cars and 41.3% for trucks. Moreover, the Company in the 9-month period of 2010 carried 725,000 passengers, 92,000 cars and 45,000 trucks.
On the Ionian route (Patras - Corfu) the Company in the 9-month period of 2010 carried 29,000 passengers, 5,000 cars and 2,000 trucks.
Deployment of new vessels
On October 15, 2009 the new building vessel Cruise Europa was deployed on the route Patra - Igoumenitsa - Ancona while last July 2010 the sister vessel Cruise Olympia was deployed on the same route. With carrying capacity of 3,000 passengers and a 3,000 linear meters garage (each vessel can carry 180 international transport trucks and 250 cars or alternatively 1,000 private cars approximately) both Cruise Europa and Cruise Olympia are signaling a new era in the sea connection between Greece and Italy. It should be noted that during the period of their deployment the said vessels have already created a significant commercial dynamic increasing substantially Minoan Lines' traffic volumes on the route.
HERACLES GENERAL CEMENT COMPANY S.A. : Heracles Group Announces Nine Month 2010 Results
Results reflect the decline in building activity and the adverse economic environment
Heracles Group of Companies announced today sales of 304.62 million Euros for the nine months of 2010, decreasing by 24.6% compared to the same period in 2009. Sales of the Company were at 266.09 million Euros, decreasing by 26.3% compared with the nine month period of 2009.
The decrease in the sales volume of the Group and the Company is attributed to the reduction of cement sales volume both in domestic and international markets. Cement sales in the domestic market were affected by lower demand in housing construction due to the excess supply of residences, and the further deterioration of the economic environment. In the third quarter of the year, there was a significant decrease of domestic cement sales volume because of the public use transporters strikes during the months of July and September. In addition, lower export demand in markets traditionally supplied by the Group contributed to the reduction in 2010 nine month sales. In the framework of the Lafarge Group "Excellence 2010" strategic plan, intensified efforts and measures have been taken to reduce operating costs and optimize the production and supply chain processes, which partially offset the effect of lower sales volumes.
The Group's earnings before taxes, interest, depreciation and amortisation (EBITDA) was 41.24 million Euros and represented a decrease of 49.8% compared to the nine month period of 2009. The Company's EBITDA decreased by 45.8% compared with the nine month period of 2009, amounting to 45.02 million Euros.
The Group presented in the nine month period of 2010 losses after taxes of 14.09 million Euros. In the respective period of 2009 it had 29.95 million Euros net profit after taxes. Én the nine month period of 2010 the Company presented losses after taxes of 1.92 million Euros, versus 43.41 million Euros net profit after taxes for the same period of 2009.
GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A. : GEK TERNA Group: 9M results of 2010
According to the financial statements of 30/09/2010, which were prepared in accordance with the International Financial Reporting Standards, the 9month results of 2010 for the GEK TERNA Group are as follows:
Consolidated sales of GEK TERNA amount to 439.1million euro compared to 561.6 million euro during the 9month of 2009, thus decreased by 21.8% mainly due to reduced sales from the construction and industrial segment. Earnings before interest tax depreciation and amortization (EBITDA) of the GEK TERNA Group amounted to 50.3 million euro, compared to 65.7 million euro, posting a decrease of 23.5% compared to the 9month of 2009 which was also attributed to the construction and industrial segment. Correspondingly, earnings before interest and tax (ÅÂÉÔ) of the Group amounted to 26.9 million euro, compared to 44.9 million in 2009, decreased by 40%. Earnings before tax posted a decrease of 87.2% (also due to the adverse comparison with the respective period last year, when the group recorded extraordinary profit from the sale of its 50% participation in the electric energy production units HERON 1&2) and amounted to 12.5 million euro compared to 98.4 million euro during the respective period of 2009, while net earnings after minority interest, amounted to 1.2 million euro compared to 80.4 million during the 9month of 2009 (also adversely affected by the windfall tax), decreased by 98.4% compared to the respective 9month period last year.
The Group's total investments during the period amounted to 261.4 million euro and mainly refer to the Energy, Concessions and Construction segments. Total net debt amounts to 439 million euro, as the Group maintains cash & cash equivalents of 335.8 million euro, while total bank debt amounts to 774.9 million euro. Total equity amounted to 694.6 million euro.
As regards to the individual activities: the Group's construction backlog amounts to approximately 2.17 billion euro, 14% of which corresponds to the Middle East and Balkans markets. The construction turnover for third parties amounted to 368.3 million euro compared to 492.8 million during the 9month of 2009, posting a 25.2% decrease, while operating profit (EBIT) of the segment decreased to 16.9 million euro compared to 30.1 million the respective 9month of 2009.
In the Real Estate segment, sales amounted to 8.6 million euro compared to 4.4 million the respective period last year, while operating profit amounted to 2.1 million euro compared to 1.4 million euro the 9month of 2009. In the Concessions sector, turnover amounted to 22 million euro compared to 17.6 million euro during the 9month of 2009, posting a 25% increase, while operating profit (EBIT) increased to 2 million euro compared to 0.9 million during the respective period last year. Income from the segment is attributed to the operation of the Ionian Road project and from the management of car parks.
From the segment of Energy production from thermal sources, income for the Group amounted to 10.9 million, while earnings before interest, tax depreciation & amortization (EBITDA) amounted to 2.7 million compared to 2.2 million during the 9month of 2009. The Group's second unit that was constructed in Viotia (HERON 2 - 435 MW capacity) commenced trial operations during the summer of 2010 and is currently in commercial operation. 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 161.5 MW of energy production facilities from Renewable Sources, while an additional 263.5 MW are under construction, from which 177.5 in Greece and 86 MW in Eastern Europe. Income from the production of energy from RES amounted to 23.6 million euro, increased by 3.2% while EBITDA amounted to 12.8 million during the 9month of 2010, compared to 14.8 million euro therespective period of 2009.
Information:
Investor Relations: Aristotelis Spiliotis, tel + 30 210 69 68 431, tspiliotis@gekterna.gr
Press Office & Public Relations: Konstantinos Lambrou, tel + 30 210 69 68 445, prkl@gekterna.gr
EFG EUROBANK ERGASIAS SA. : Nine-Month 2010 Financial Results
Press Release.
EFG EUROBANK ERGASIAS SA. : Nine-Month 2010 Results Presentation
Presentation.
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 May 20, 2010 and the Board of Directors resolution dated May 20, 2010, and in accordance with article 16 of L. 2190/1920, during the trading session of 29/11/2010 acquired 4,600 own shares through PROTONBANK S.A. at the price of € 0.38 per share and the total value of the transaction amounted to € 1,748.00.
PIRAEUS PORT AUTHORITY SA : Financial reports for the third quarter of 2010
The Board of Directors of P.P.A. S.A. on 29/11/2010 approved the Company's Financial Reports for the third quarter of 2010. From the Report, the following arise:
1. The Company's turnover amounted to €92.29mil, against €96.33mil. in the relevant period of 2009. However the amounts are not comparable, since the new Container Terminal started operations as from 1/6/2010 and on a trial basis. From the remaining activities, berthing dues record a significant increase, amounting to €16.74 mil against €12.52 mil in the relevant period of 2009, due to increased vessel calls. Car Terminals also record a satisfactory increase with revenues amounting to €8.27 mil (14.38% increase), while the cruise sector records an increase by 25.83% with revenues amounting to €2.57 mil.
2. Other operational revenues are at the same level as in the relevant period of 2009, amounting to €5.83mil, (€5.89mil. on 30/9/2009).
3. Total expenses for the period, excluding provisions, consumables and depreciation amounted to €74.64 mil. against €83.01mil. in the same period of 2009. This significant reduction (10.07%) is mainly attributed to the payroll cut, in accordance with the L3845/2010 regarding the austerity measures for the State fiscal plan.
4. Consumption of spares and consumables for the 9M of 2010 amounted to €820.48 thous against €2.61 mil. in the relevant period of 2009. The reduction derives mainly from the concession of equipment and machinery of the Container Terminal which was absorbing the biggest part of spares and materials consumption.
5. Asset depreciation incorporated in the operational cost increased by 21.47%, amounting to €9.9 mil. against €7.77mil. in the relevant period of 2009. This increase is attributed to the commencement of operations at Pier I container terminal as from 1/6/2010 that increased Company's assets.
6. Net financial profits before taxes for the period amounts to €2.78 mil. against profits of €7.93 mil. in the respective period of 2009, while profits after taxes amount to €1.87 mil., against profits of €3.6 mil. in the relevant period of 2009.
The difference is mainly attributed to the significant increase that was recorded in provisions, compared with the relevant period of 2009-amounting to €485 thous.
Provisions from staff V.R.P 3.94 mil. Provisions for pending lawsuits 1.58mil Provisions for doubtful debts 1.92mil Remuneration of Memorandum of Agreement 1.85mil Other provisions 0.15mil Total 9.51mil
7. Cash and cash equivalents on 30/09/2010 amounted to €27.04mil. against €33.27 mil. on 31/12/2009 and €52.69mil. on 30/09/2009.
GR. SARANTIS S.A. : Consolidated Financial Results 9M 2010
Press Release.
F.G. EUROPE S.A. : Nine Month Period 2010 Financial Results
Press Release.
TERNA ENERGY S.A. : 9-Month 2010 Results
According to the financial statements of 30/09/2010, which were prepared in accordance with the International Financial Reporting Standards, the results for the 9month of 2010 of TERNA ENERGY are as follows:
Consolidated sales amounted to 42.7 mil euro compared to 51.4 mil euro during the 9month of 2009, posting a 16.8% decrease due to the decline of income from the company's construction activities. Income from the energy sector amounted to 23.6 mil euro compared to 22.8 mil euro the 9month of 2009, increased by 3.3%.
Sales of the company's construction sector towards third parties amounted to 19.1 mil euro, compared to 28.6 mil mil euro the respective period of 2009, posting a decrease of 32.9%.
Earnings before interest tax depreciation and amortization (EBITDA) amounted to 14.3 mil euro compared to 19.6 mil euro the 9month of 2009, thus decreased by 26.6% compared to the respective period last year. EBITDA from the energy segment amounted to 12.7 mil compared to 14.8 mil in the 9month of 2009, posting a 13.6% decrease as a result of increased expenses from the company's effort to expand its foreign activities. EBITDA from constructions amounted to 1.6 mil euro compared to 4.8 mil during the respective period of 2009, posting a 68% decline.
Earnings before interest and tax (ÅÂÉÔ) amounted to 9.4 mil euro, decreased by 35.8% compared to 14.7 mil euro during the 9month of 2009. Correspondingly, earnings before tax were affected also by the lower interest income and amounted to 11.2 mil euro compared to 18.5 mil euro during the respective period of 2009, thus posting a decrease of 39.3%. Net earnings after minority interest, amounted to 5.6 mil euro compared to 13.5 mil euro the respective period of last year, thus decreased by 57.8%, with a significant negative effect from the windfall tax imposed on profitable companies. The Group's investments amounted to 58.4 mil euro for the 9month of 2010, as the investment plan is underway.
Cash flows from operating activities during the 9month amounted to 22.3 mil euro compared to 18.2 mil euro during the respective period of 2009, while the Group's net cash position (cash & cash equivalents minus bank debt) amounts to 6.3 mil euro. The Group maintains excellent liquidity, as its cash & cash equivalents amount to 196.8 mil euro.
TERNA EERGY began operations of yet another wind park, with a capacity of 12.5 MW in Greece, and thus currently the company operates a total capacity of 161 MW in RES facilities.
The company has initiated the construction of an additional wind park with capacity of 24 MW in Poland, with the Group's total capacity under construction now reaching 263.5 MW. The company has production licenses for additional 592 MW of wind parks and 125 MW hydroelectric projects in Greece, while it has submitted applications for production licenses that exceed 4,500 MW.
In Eastern Europe, the company is currently constructing 3 wind parks in Poland, with a capacity of 56 MW and two wind parks in Bulgaria, with a capacity of 30 MW.
Overall, the company operates or is currently constructing 424 MW in RES facilities in the European area.
Information:
Investor Relations: Aristotelis Spiliotis, tel + 30 210 69 68 431,tspiliotis@terna-energy.gr
Press Office & Public Relations: Konstantinos Lambrou, tel + 30 210 6968445, prkl@gekterna.gr
TERNA ENERGY S.A. : IR REPORT
The company TERNA ENERGY S.A. announces that the IR REPORT with the 9Ì 2010 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. : IR REPORT 30.9.2010
The company GEK TERNA S.A. announces that the IR REPORT with the 9Ì 2010 financial results will be posted on its website, www.gekterna.gr and on ASE's website www.athex.gr. IR REPORT 30.9.2010
VARVARESSOS S.A. : Financial Results 9-month 2010
VARVARESSOS S.A. turnover during the 9-month period of 2010 reached 15.87 million EURO compared to 14.69 million EURO of the corresponding period in 2009. The company's exports came up to 10.33 million EURO. Losses before depreciation (EBITDA) have reached 0.90 million EURO contrary to losses before depreciation (EBITDA) 1.34 million EURO during the same period of 2009. The net losses for the period 01.01 - 30.09.2010 came up to 3.26 million EURO contrary to 3.84 EURO net losses of last year.
The aforementioned statements are posted at the company's website www.varvaressos.gr.
ELEFTHERI TILEORASI S.A. : Announcement
The company "ELEFTHERI TILEORASI S.A." (ALTER CHANNEL) announces that the financial statements, covering the accounting period 1/01/2010-30/9/2010, will be published in the newspapers "XRIMATISTIRIO" and "AVRIANH" and will be uploaded on the Athens Stock Exchange website www.ase.gr and on the company's website www.alter.gr on the 30-11-2010
HELLENIC FABRICS S.A. : Press Release
The financial figures for the nine-month period of 2010 were influenced by the increase of cotton prices worldwide in record levels after the first quarter, that had a negative impact in group?s and company?s profitability, which, due to already confirmed orders for indigo denim fabrics, could not be passed on sale prices.
The group's turnover amounted to € 37.05 mln in comparison to € 45.37 mln in previous year's corresponding period, decreased by 18.3%, mainly attributed to the drop of raw cotton sales. The parent company?s turnover amounted to € 30.7 mln in comparison to € 34.28 mln in the same period of 2009, decreased by 10.4%.
The group's EBITDA was slightly improved and amounted to € -2.67 mln in comparison to € -3.00, while parent company's amounted to € -3.3 mln in comparison to € -4.0 in previous year?s corresponding period.
The group's financial results before taxes amounted € -8.4 mln in comparison to € -8.77 mln, while the parent company"s financial results before taxes to € -7.4 mln in comparison to € -7.61 mln in the same period of 2009. Loss after taxes and minority rights reached € 8.71 mln in comparison to € 8.94 mln in the same period of 2009, resulting to a loss per share € 0.6394.
The Group's management has set as priority the improvement of company?s liquidity through efficient handling of working capital, and besides the serious amount of tied up capital for V.A.T. return on exports by the Greek Government, it managed to reduce bank loans by € 1.37 mln during the nine months period of 2010.
NAT. BANK OF GREECE SA : Q3 2010 Financial Results
Press Release.
ELLAKTOR S.A. : PRESS RELEASE - 9M 2010 Group Financial Results
The ELLAKTOR Group of companies announces its financial results for the period from 01.01.10 to 30.09.10, in accordance with the International Financial Reporting Standards (I.F.R.S.).
Consolidated turnover for the period from 01.01.10 to 30.09.10, is 1,302.2 million euro compared to 1,665.0 million euro in the corresponding period of 2009, decreased by 21.79%.
Consolidated earnings before interest and tax (EBIT) for the period from 01.01.10 to 30.09.10, is 119.1 million euro, compared to 174.8 million euro for the corresponding period of 2009, decreased by 31.87%. Consolidated earnings before interest, tax, depreciation and amortization (EBITDA) amount to 203.2 million euro compared to 248.8 million euro for the corresponding period of 2009, decreased by 18.36%.
Finally, profit after taxes and minority interests amount to 8.5 million euro, compared to 72.4 million euro last year. Consolidated profit after tax per share was 0.05 euro compared to 0.42 euro for the corresponding period of 2009.
2010 is a difficult year for Greek businesses, which are directly affected by the negative international environment and the problems of the Greek economy. Increased tax rates and the tax levy of €15.7 million for the Group are reflected in the 9M2010 Group's profit and loss account after taxes.
Specifically:
For the 9M 2010, the Group's construction sector (construction and quarries), presented a turnover of 981.0 million euro compared to 1,309.4 million euro for the corresponding period in 2009, a decrease of 25.08%. Construction operating profit was 21.3 million euro compared to 47.5 million euro for the corresponding period of 2009, a decrease of 55.15% Earnings after tax and the extraordinary contribution of 5.38 million euro, presented a loss of 3.6 million euro compared to 28.5 million euro profit.
The group's backlog of signed contracts remains high, currently standing at 2.6 billion euro, while there are contracts pending for signature in the amount of 147 million euro.
The Concession sector's consolidated revenue for the 9M 2010 was 217.5 million euro compared to 243.2 million euro, decreased by 10.56%, operating profit was 80.6 million euro compared to 112.0 million euro, decreased by 28.00%, and net profit after tax was 29.5 million euro compared to 65.4 million euro, decreased by 54.89%. Earnings are also affected by the extraordinary contribution of 4.43 million euro.
In the Environment sector, turnover for the 9M 2010 was 59.4 million euro compared to 84.8 million euro, decreased by 29.98%, operating profit was 13.6 million euro compared to 15.4 million euro, decreased by 11.66% and earnings after tax 6.2 million euro compared to 11.4 million euro, decreased by 46.23%. Earnings are also affected by the extraordinary contribution of 2.26 million euro.
The Wind energy sector consolidated revenue for the 9M 2010 was 15.4 million euro compared to 7.7 million euro, increased by 100.68%, operating profit was 6.2 million euro compared to 3.3 million euro, increased by 85.94%, and net profit after tax 3.1 million euro compared to 1.4 million euro, increased by 125.58%.
The Real estate sector consolidated revenue for the 9M 2010 was 2.1 million euro compared to 3.3 million euro in the corresponding period of last year, decreased by 34.91%, operating result (loss) was 1.8 million euro compared to a loss of 3.5 million euro and loss after tax 2.7 million euro compared to a loss of 2.9 million euro.
The sales of the parent company for the 9M2010 amount to 30 th. € compared to 384 th. euro in the corresponding period of 2009. Earnings before tax, interest, depreciation and amortization were 75 th. euro, earnings before tax 10.6 million euro, and net earnings after tax 7.1 million, for the 9M 2010.