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GREEK BUSINESS
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.
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.
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.
Conclusion of a USD 420 million loan agreement for LCI
The conclusion of a €420 million loan agreement with four financial institutions for the supply of new helicopters for air ambulance and search and rescue missions was announced by Libra Group's LCI, which is active in the aerospace sector, and Sumitomo Mitsui Finance and Leasing Co. Ltd (SMFL), which has been a shareholder of LCI since 2023.
Expansion with emphasis on Lego
Moustakas Toy Stores plans to expand with new stores in the new year, while according to reports, the Lego sales network is expected to be strengthened.
The role of the 4+1 agreements that follow within 2025
What could be the first deal for 2025, as Masdar's public offer process for Terna Energy is underway, with the Arab group having reached 90% of the listed company's capital increase.
Who is the Louis family that wants 21% of the port
Leonidsport has made a voluntary public offer for the shares of TPA and according to the relevant announcement the offered price is €27.
Denies that it is proceeding with a placement of own shares
Following publications in the electronic press, Sarantis informs the investing public that it is not in any placement process of the company's own shares.
New products in the first half of the year and expansion abroad brings the absorption of Biochim
The General Manager of ABEA, Alexandros Markantonakis, speaking to FnB Daily, said that the merger of the two companies creates a powerful business entity that aims to highlight Crete as a model of innovation and sustainable development, offering products of high nutritional value at a global level.
Up 4.9% in November
The General Index of Industrial Production of November 2024, compared to the corresponding index of November 2023, showed an increase of 4.9% compared to an increase of 3.3% in the corresponding comparison of 2023 with 2022, according to ELSTAT data.
Why it is pessimistic for the Athens Stock Exchange - What analysts say
Despite the positive reports that have seen the light of day for the Greek stock market, Goldman Sachs places it in the... "bears".