The Greek Deal.com
BUSINESS
Aegean Airlines
17% growth in Revenue and improved EBIT in the seasonally weakest 1 st quarter
Aegean maintained its growth trajectory after achieving great success in 2023, adding even more capacity during the winter.
Independent Power Transmission Operator
Amendment of the regulatory decision to proceed with the electrical interconnection of Greece – Cyprus – Israel
Τhe need to amend the regulatory framework in order for the Greece-Cyprus-Israel electrical interconnection project to proceed smoothly, was underlined by the chairman and CEO of the Independent Power Transmission Operator (IPTO), Manos Manousakis.
Fourlis Group
New page after 75 years in the Greek and international market
At a press conference, The Fourlis Group unveiled its new corporate identity and future goals.
LAVIPHARM
Earnings before ΕΒΙΤDA increased by 15.9%
In the first quarter of 2024, Lavipharm Group's total earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 15.9% to €2.85 million from €2.46 million in the same period in 2023.
Eurobank
Denies interest in Bulgarian First Investment Bank
Eurobank Ergasias states that there is no truth to reports in the electronic press concerning the purported interest of the Eurobank Group in purchasing First Investment Bank ("FIB"), a bank located in Bulgaria.
Athens Stock Exchange
Volatility dominant, pressure on banks
Today, 23/5, is a tightrope walk for the Athens Stock Exchange as buyers and sellers battle for control of the bias. Volatility is still there following the recent surge to 1,500 points.
ENERGEAN
New gas field in Egypt
As part of its routine quarterly update to the London and Tel Aviv stock exchanges, Energean announced the sixth natural gas discovery in the Eastern Mediterranean, this time in Egypt, today, Thursday, May 23.
Ideal Holdings
Significant increase in financial results through organic growth and acquisitions
For the first quarter of 2024, IDEAL Holdings reported a 150% increase in revenues to €109.5 million, fueled by the acquisition of Attica Department Stores and rising IT revenues.
JUMBO GROUP
Dividend distribution of €1 per share approved
Jumbo declared that a dividend of €1.00 per share before withholding tax, for a total of €136.059.759,00, will be paid from the company's profit for the fiscal year 2023 at the Annual General Meeting of its shareholders.
NOVAL PROPERTY
Public Offer starts on 29/5 - Shares to be traded on 5/6
The schedule for the public offering and listing of Noval Property's shares on the Athens Stock Exchange is included in the prospectus that has been published.
ElvalHalcor
Operational profitability and decrease of net debt
The ElvalHalcor group's net sales decreased by 12.2% to €816.6 million in the first quarter of 2024 from €930.5 million in the same period of 2023, primarily due to lower average metal prices.