ΜΙΝΩΙΚΕΣ ΓΡΑΜΜΕΣ Α.Ν.Ε.
A conference call was held in order to inform analysts and investors about the financial results of the fiscal year 2006
On Wednesday 21st of March 2006, a conference call was held by the management of Minoan Lines S.A., in order to inform analysts and investors about the financial results of the fiscal year 2006. The companys presentation focused on the annual financial results and the ground on which the company will be improved further in the next years.
During the analysis of the financial results for the year 2006, it was referred the increase in net profits, the market shares in both domestic and international routes and the increase in revenues. Furthermore, reference was made to the measures that have been taken in order to reduce the effect of increase in fuel prices in the companys operating results.
In relation to the future prospects of Minoan Lines, the companys management referred to the significant decrease of debt level as well as the rationalization of the North Adriatic market.
During the analysis of the financial results for the year 2006, it was referred the increase in net profits, the market shares in both domestic and international routes and the increase in revenues. Furthermore, reference was made to the measures that have been taken in order to reduce the effect of increase in fuel prices in the companys operating results.
In relation to the future prospects of Minoan Lines, the companys management referred to the significant decrease of debt level as well as the rationalization of the North Adriatic market.