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Hellenic profits up 35%Hellenic profits up 35%
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
The retailer, which operates duty-free at Athens International airport and Greek ports, grew sales to 242m ($257m), up 25% on last year. The company closed 2001 with sales of 194m ($206m) and a pre-tax profit of 41m ($43.5m).
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(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
(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.
(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.
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(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