The Greek Deal.com
BUSINESS
OTE
A solid start to the year: Group Revenues up significantly (+9.2%)
OTE’s Consolidated Revenues in Q1’24 were up 9.2% to €877.6mn, fueled by sharp growth in Greece. Revenues from Greek operations were up 10.3% to €812.3mn, benefiting from solid performances in Mobile, TV, Broadband, and particularly ICT.
Premia Properties
Looking for opportunities in tourism sector
In addition to searching for fresh prospects in the travel and tourism sector, Premia Properties is growing its business in already-established areas.
Cenergy Holdings
New project with steel accompanied by certificates of reduced carbon dioxide emissions
Cenergy Holdings announces that steel will be used in conjunction with lower carbon dioxide (CO2) emission certificates as part of the new project awarded to Corinth Pipeworks in its steel pipe division.
VODAFONE BUSINESS -OSMOS HELLAS
Undertook the implementation of the project "Smart Bridges" with a total value of €95.3 million
The "Smart Bridges" project, worth a total of €95.3 million and funded by the Recovery Fund-Greece 2.0 and the Technical University of Greece, was implemented by Vodafone Business and Osmos Hellas.
FOODLINK
5% of the shares changed hands through the Stock Exchange
Through the stock exchange, 5% of Foodlink was exchanged.
Intrafashion
Agreement with Teddy for the development of the Terranova and Calliope brands in Greece
The well-known Italian Teddy Group and Intrafashion Group have announced the signing of a commercial development and exclusive representation agreement.
Theon International
Revenues at €75.8 million, adjusted earnings at €17.2 million
Presenting its Q1 2024 Trading Update, Theon demonstrates revenues at €75.8 million, adjusted earnings at €17.2 million
Ethniki, Hellenic General Insurance
New CEO announced
After the relevant procedure of the supervisory authority is finished, on July 8, 2024, Dimitris Mazarakis will take over as the CEO of Ethniki, Hellenic General Insurance.
Ellaktor
Dividend after 13 years
At Ellaktor's upcoming annual general meeting on May 31, the Board of Directors has resolved to propose the company's first distribution to shareholders in 13 years.
EPSILON NET GROUP
Ginger Digital BidCo's stake increased to 72.31%
In Epsilon Net, Ginger Digital BidCo now owns a 72.31% stake.
Premia Properties
Revenue up 9%, operating profitability up 21% in the first quarter
Throughout the first quarter of the current fiscal year, Premia Properties reported a 9% increase in revenues and a 21% increase in operating profitability (adjusted EBITDA) on a consolidated basis, relative to the corresponding period of 2023.