ATHENS (Thomson Financial) - Greece's consumer goods wholesaler Sarantis SA
reported first quarter results in line with expectations and said that its net
profits edged 0.9 percent higher year on year to 5.53 million euros.
Analysts saw it coming in almost flat at 5.5 million euros with estimates
ranging from 5 million euros to 5.7 million euros.
Sales for the group posted a 3.3 percent increase from last year to 56.2
million euros, which was spot on with forecasts.
EBITDA came in at 8.19 million euros, reflecting a 2.9 percent loss from
last year, also meeting expectations. Analysts saw EBITDA coming in between a
range of 8 million euros to 8.4 million euros.
Source: Euro2day.gr Newswire
cheryl.novak@thomsonreuters.com
cn/sal
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