The strategy and perspectives of Info-Quest Group were presented by the senior management of the company to the Association of Greek Institutional Investors.
Reference was made to all group business sectors putting emphasis on IT which is the primary and core business of the group. In IT, the Group aims to increase its market share in the services and total solutions sector through organic growth, selected acquisitions and geographical expansion in SE Europe.
The sound Financial and Capital structure of the company allows for investment opportunities in other business areas besides IT. Energy production from renewable sources is one of them. These investments are under way and based on project evaluation they provide very good returns (IRR) with relatively low risk.
In the first quarter of 2007, consolidated sales reached Euro 97.0 m showing a 5% increase and parent company sales reached Euro 68.6 m, a 5% increase.
Consolidated profit before taxes is estimated at Euro 2.0 m and parent company profit before taxes is estimated at Euro 1.2 m.
The Q1 2007 financial statements of the group will be published on May 25, 2007.
The presentation can be found on the company''s web site www.quest.gr and on the Athens Stock Exchange web site www.ase.gr.