9-month 2021 enterprise replace

MAINTAIN POSITIVE PERFORMANCE

In the course of the 9 months of 2021, the Group introduced a constructive efficiency in a tough price and working surroundings.

In the course of the 9 months of 2021, the Group’s turnover reached 299.09 million euros in comparison with 286.47 million euros for the respective interval of 2020, up 4.41%, regardless of the bottom excessive comparability from final yr.

Gross sales proceed to be pushed by shopper demand for all classes of merchandise associated to house and private care and hygiene, together with skincare, physique wash merchandise and arms, perfumes, deodorants and solar merchandise.

Greek gross sales amounted to 105.77 million euros within the 9 months of 2021 in comparison with 103.32 million euros. within the respective interval of final yr, up 2.38%, the mass distribution channel having contributed to this development.

International nations posted development of 5.55% reaching 193.32 million euros in 9M 2021 in opposition to 183.15 million euros through the respective interval of 2021. Excluding foreign money impact, on a impartial foundation in currencies, abroad gross sales grew 8.08%.

In the course of the 9 months of 2021, the profitability of the Group was largely influenced by the rise in price inflation, as anticipated through the second half of 2021, primarily because of the improve within the costs of uncooked supplies and prices of transport which partially offset the expansion in Group gross sales.

Extra particularly, throughout 9M 2021, EBITDA * elevated by 0.85% to 45.91 million euros. from 45.52 million euros, with an EBITDA margin of 15.35% in comparison with 15.89% through the respective interval final yr.

Revenue earlier than curiosity and taxes (EBIT) elevated by 0.17% to EUR 36.27 million. over the 9 months of 2021 in opposition to € 36.21 million. through the 9 months of 2020 and the EBIT margin reached 12.13% in 9M 2021 in comparison with 12.64% within the respective interval of 2020.

P&L (in thousands and thousands of euros)

9M 21

%

9M 20

Group Turnover

299.09

4.41%

286.47

Greece

105.77

2.38%

103.32

%

35.37%

36.07%

International nations

193.32

5.55%

183.15

%

64.63%

63.93%

EBITDA *

45.91

0.85%

45.52

EBITDA margin

15.35%

15.89%

BAII

36.27

0.17%

36.21

EBIT margin

12.13%

12.64%

*Different efficiency measures, as outlined in paragraph 2.14 of the Group Monetary Report.

Value inflation, which is anticipated to stay at excessive ranges, mixed with uncertainty concerning the course of the COVID-19 pandemic and its influence on consumption, creates a posh and difficult working surroundings.

For the reason that begin of the pandemic, the Group has managed to submit vital development charges, whereas sustaining its capacity to proceed investing in its strategic plan.

As at all times, the Group is able to reply with sure measures in its geographical space to be able to shield its profitability.

The Group’s resilient enterprise mannequin and the give attention to its strategic targets will proceed to generate worthwhile development and worth creation.

The Group stays centered on natural and acquisitive development, continued growth and market penetration, profitability, economies of scale, the advantages of synergies and working leverage.

Sarantis Group

Primarily based in Athens and boasting a historical past of over 50 years, Sarantis Group is a multinational shopper merchandise firm with a number one presence in Jap Europe and an increasing geographic footprint via its personal subsidiaries and robust export exercise everywhere in the world. Our mission is to spice up shopper morale, with a wonderful simplicity that makes on a regular basis life higher, by at all times being close by, by working intently with our stakeholders to create lasting worth. From private care, house care and well being care merchandise to luxurious cosmetics, we provide well-recognized manufacturers that positively influence folks’s every day lives. With robust exercise in 13 nations, and specifically in Greece, Poland, Romania, Bulgaria, Serbia, Czech Republic, Slovakia, Hungary, North Macedonia, Bosnia and Herzegovina, Portugal, Ukraine and Russia, we keep a dynamic worldwide presence and a strong distribution community of greater than 50 nations world wide.

Info

Eleni Pappa

Director of Investor Relations & Company Communication

Telephone: + 30 210 6173065

E-mail: [email protected]

9-month 2021 enterprise replace(243.6 KB)

About Edith J.

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