The Greek Deal.com
IDEAL HOLDINGS
What he says about the takeover of Barba Stathis
Ideal Holdings announced that it is considering new investments in response to a question from the Securities and Exchange Commission regarding today's electronic press reports that the company is considering a takeover of Barba Stathis.
10% growth in ten months - Where the €15 million investments of the three years 2025-2027 will be directed
Attica department stores recorded a 10% increase in turnover, to €179.6 million, and a 15.7% increase in EBITDA, to €19.2 million, in the last ten months of the year, with the company's CEO, Demosthenes Boumis, expecting a similar picture in the last two months of the year, which last year accounted for approximately 25% of total sales.
661% increase in 9-month profit
IDEAL Holdings' profit after tax for the 9 months of 2024 increased by 661%, as it reached €90.4 million compared to €11.9 million in the corresponding period of 2023.
Announcement about Barba Stathis takeover
Ideal Holdings responds to the publications that talk about a possible takeover of Barba Stathis following a letter from the Hellenic Capital Market Commission.
The AGM approved capital increase of €81.6 million
Today's Extraordinary General Meeting of Ideal Holdings decided to increase the company's share capital by capitalizing the amount of €81.6 million.
Half-year revenue and profit jump with organic growth and acquisitions
Ideal Holdings announced an increase in sales and profitability for the first half of the year, and the board chairman, Mr. Lambros Papaconstantinou, expressed a desire to further expand operations.
Why we acquired a major stake at BlueStream
Ideal Holdings Group (IDH) acquired 75% of BlueStream for €12.2 million, aiming to create a strong IT group with high turnover.
Acquired 75% of BlueStream for €12.2 million
Ideal Holdings has announced that it has strengthened its position in the IT industry by paying €12.2 million to acquire the majority of Blue Stream's IT business.
Ready for new deals
After selling Astir Vitogiannis, Ideal Holdings is getting ready to make new investments.
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.
Between €110 and 115 million selling Astir Vitogiannis
According to an announcement by Ideal Holdings, Italian Guala Closures paid between €110 million and €115 million for the acquisition of Astir Vitogiannis.