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Hellenic revises its sales forecastHellenic revises its sales forecast
25-Nov-2004
GREECE. As DFNI went to press, Hellenic Duty Free Shops (HDFS) was set to report slower than expected growth in pre-tax profits in the first nine months of the year, citing a drop in tourist traffic and disappointing Olympic product sales
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Analysts have predicted a 15% rise in pre-tax profits to Eu46.7m ($60.6m). Group revenue is expected to rise by 25% to Eu218m ($283m).
HDFS cut its forecast in mid-October for
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(17-Nov-2004) - The Greek retailer is expected to announce slower sales growth when it reveals nine-month results next week
(14-Oct-2004) - The Greek operator adjusts its annual forecast to account for slow traffic during the Olympic Games in Athens
(19-Aug-2004) - Analysts expect Olympics to boost HDFS profits by 43% for the first half of 2004
(8-Mar-2007) - The Greek travel-retailer is expected to announce a net profit of €44.2m ($33.6m) and a rise in retail sales of 14.4% for 2006
(15-Nov-2002) -