By Giorgos Lampiris A mature asset, for which the right time has come to take the next step in terms of its exploitation, was seen by the executives of the Vivartia group and the CVC Capital fund, regarding the sale of the Bulgarian subsidiary of Delta United Milk Company. As even sources close to Vivartia […]
Tag: Sarantis
Deal for Greek Dairies and Delta with acquisition in Bulgaria
By Giorgos Lampiris The Hellenic Dairies group of the Sarantis family is proceeding with the acquisition of the subsidiary of the Delta dairy company in Bulgaria, the United Milk Company, according to secure and cross-referenced information. This specific move essentially strengthens the production base for the Hellenic Dairies group in the neighboring country. We remind […]
Sarantis: ‘Keep’ the prices of cosmetics, increase in household items
By George Lampiris Sales for the Sarantis group are on the rise, with 4% in the quarter, as reported by the group’s Deputy CEO and CFO, Costas Rozakeas, in the context of informing the analysts. At the same time, inflationary pressures continue to have a stronger impact on home care products, mainly due to rising […]
Sarantis: Growth of net profits by 4.1% in 2021 – The Board of Directors will propose a dividend distribution of € 0.143 / share
In the year 2021, the Sarantis Group continued to show growth in sales, despite the high comparable base of last year and the balance in consumption, and recorded an increase of 4.1% in its net profitability, amid adverse conditions created by inflation pressures on the business environment. According to a relevant announcement of the company, […]
Greek Dairies: The impact of costs on energy and raw materials
of Matinas Harkoftaki The Hellenic Dairy Group, like the majority of the country’s productive enterprises, has been faced with a sharp rise in the cost of raw materials, energy and transport. “The cost increases are unrealistic,” he told Capital.gr Stelios M. Sarantis, member of the board of directors of Hellenic Dairies and president of Kliafa […]
The problems for Greek companies after the Russian blockade by SWIFT
Of George Lampiris Greek companies are looking for alternative routes that either supply products from Russia or sell products in the Russian market, given the expulsion of Russia from the international payment network, SWIFT, as market executives report in Capital.gr. This practically means that these companies, in order to be able to continue their trade […]
Forty – Unilever Asia Agreement for the distribution of Fissan products in Greece
Saranti Group, one of the largest multinational consumer products companies with a significant international presence with leading brands and partnerships, announces that it has reached an agreement with UNILEVER ASIA for the representation and distribution of Fissan baby care products in Greece. The representation will enter into force on January 1, 2022 and includes the […]
Saranti Group: EBITDA at 45.91 million euros in the nine months
The main financial figures of the Sarantis Group moved upwards for the nine months of 2021. In particular, EBITDA increased by 0.85%, to 45.91 million euros from 45.52 million euros, and the EBITDA margin stood at 15.35 % from 15.89% in the first nine months of last year. Meanwhile, EBIT increased by 0.17% reaching 36.27 […]
