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Hellenic profits surge 36%Hellenic profits surge 36%
1-Feb-2003
Greek operator Hellenic Duty Free Shops has announced that profits for the year 2002 grew by over a third from the previous year
On the back of 16% increase in consolidated sales for the year, from ?169.9m ($182.8m) in 2001 to ?197.4m ($212.4m), profit before tax reached ?40.4m ($43.5m), up from ?29.6m ($31.8m) in 2001 - an increase of 36.4%. The improvement in profits was also aided by a saving of ?4.7m ($5.05m) in staffing costs.Bookmark This Article
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(18-Jan-2003) - Greek operator Hellenic Duty Free Shops recorded a 54m ($57m) pre-tax profit for 2002, a 35% year-on-year increase, according to preliminary results announced mid-January
(2-Apr-2003) - GREECE. Hellenic Duty Free Shops has announced that profits for 2002 rose by over one-third compared with 2001, on the back of a 16% increase in consolidated sales for the year.
(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.
(6-Nov-2002) - Greek operator Hellenic Duty Free Shops (HDF) today announced a 40% rise in nine month pretax profits to ?31.2m ($30.6m)
(19-Aug-2004) - Analysts expect Olympics to boost HDFS profits by 43% for the first half of 2004