The Greek Deal.com
KARELIAS GROUP
Double-digit growth in the nine months despite a drop in profits in the third quarter
The nine-month period closed with double-digit growth for the Karelia Group, with net sales reaching €227.23 million and net profit exceeding €80 million.
The dilemma facing with €697 cash in hand
With €697 cash in hand, which would be the envy of a bank, Karelia's management is facing a dilemma as it will have to decide whether to remain on the Athens Exchange or to activate the exit procedure.
Increased revenues and profits in 2023, dividend of €12.4 per share
Karelia Group's net profit reached €86.84 million in 2023, an increase of 1.7% compared to 2022