The Greek Deal.com
BUSINESS
DESFA
Domestic gas consumption in Greece increased by 30.03%
Domestic gas consumption in Greece increased by 30.03%, according to DESFA's data for 2024.
Industry
Annual decrease of 2.8% in import prices
The General Import Price Index for Industry decreased by 2.8% in November, compared to the corresponding index for November 2023, compared to a decrease of 8.6% in November 2023 compared to November 2022.
Sunlight Group
End to its mammoth €1.2 billion investment for gigafactory
Sunlight has officially put an end to its mammoth €1.2 billion investment in the creation of a gigafactory for the production of lithium batteries.
Hellenic Dairies
Completion of the acquisition of Kampos Chios
The completion of the acquisition of the company named Kambos Chios Juice and Soft Drinks Industry SA, announced the company Hellenic Dairies SA.
TITAN
Listed on the New York Stock Exchange
A registration statement for a proposed initial public offering ("IPO") on the New York Stock Exchange has been filed by Titan America.
JUMBO GROUP
Revenue growth of 6.3% in 2024, exceeding guidance
From the first day of the serious complications of the disruption of the global supply chain from the "closure of Suez", the management of the Jumbo Group made a commitment to the consumer and avoided offering on the shelves of the stores, products with a temporary or opportunistic price increase.
PPC
Goldman Sachs raises its target price
Goldman Sachs raises its target price for PPC's shares to €15.5 from €14.5 previously, while upgrading its recommendation to buy from neutral.
alpha finance
Why does it expect high perfomance from bank stocks
2025 will be another positive year for the banking sector, given that profitability will remain high (return on equity >13%) and higher dividend yields of 8% are expected from 2024 earnings, Alpha Finance estimates in a new report.
Profile Group
Planning new products
Profile is looking at AI, and is reportedly already planning new products in this direction. Its AI-enabled record processing program is the latest addition to its product portfolio, and it aims to get even more projects in this area.
ICAP CRIF
CEO Index up in Q4
The general economic sentiment index (EASE/ICAP CRIF-CEO General Index) for the 4th quarter of 2024 stood at 160 points, as recorded by the 3-monthly survey conducted on a sample of 2,540 CEOs/General Managers of the largest Greek companies by the Society of Senior Business Executives (EASE) in collaboration with ICAP CRIF.
OPTIMA BANK
Subsidiary company in the leasing sector
Optima bank announced the creation of Optima leasing, a wholly owned leasing subsidiary of Optima bank group, offering specialized solutions for growth-oriented businesses and professionals.