Hellenic makes a flying start in the first quarter

3-May-2003

GREECE. Greek airport, port and border shop operator Hellenic Duty Free Shops has enjoyed a promising start to 2003.

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?GREECE. Greek airport, port and border shop operator Hellenic Duty Free Shops has enjoyed a promising start to 2003. The company achieved 45% growth in profits before tax in the........
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(18-Dec-2001) - GREECE. Hellenic Duty Free Shops subsidiary Hellenic Distribution is to open 10 stores onboard the ships of Greek ferry operator Minoan Flying Dolphins, sources close to the deal told DFNI.
(1-Apr-2002) - GREECE. According to sources at Hellenic Duty Free Shops, Aldeasa and The Nuance Group?together with its new shareholders?are among seven groups to have registered interest and requested the memorandum documents for the sale of a stake in the Greek operator of between 40% and 60%.
(3-Jul-2002) - GREECE. Hellenic Duty Free Shops expects to sign a preliminary agreement by early next month to buy stakes in two Turkish border duty-free operators. A Hellenic spokesman said the company was in financial and legal due diligence to acquire 60% of a joint company, but would not confirm the names of the operators involved.
(18-Jun-2002) - Hellenic Duty Free Shops announced today it expects to sign a preliminary agreement by early July 2002 to buy stakes of 60% each in two unnamed Turkish duty-free operators