ALUMIL ALUMINIUM INDUSTRY S.A.
Group presentation to the "Association of Greek Investment Companies and Mutual Fund Management Companies"
ALUMIL Administration announces that the annual presentation to the Association of Greek Investment Companies and Mutual Fund Management Companies was realized today in Athens, under the framework set by the Company's management and the Athens Stock Exchange Corporate Governance criteria.
Presentation was conducted by Mr. George Milonas, President and Group CEO, Mr. Spyridon Mavrikakis, Group CFO, Mr. Dimitrios Koutsoupias, Group Financial Advisor and Mr. Apostolos Papadopoulos-Almeida, Head of Group Investor Relations & Analysis.
Particularly, ALUMIL executives thoroughly presented Group financials for 2007 and growth estimates for the following years. In line with initial releases, 2007 stood as a year of markets' shares expansion internationally - SE Europe, Russia, Gulf Area - and sound profitability, given the overall sector performance.
Group presents constant sales growth for eighty (80) consecutive quarters; basic targets for the forthcoming 3-year period are: further earnings growth, sound financials with constant, positive operational cash flows and satisfactory debt levels. The above stated will be fulfilled with emphasis on specialized services for large projects, on the production and distribution of branded profiles to international markets, for greater profit margins and on the establishment of ALUMIL's presence at the most attractive areas of the Gulf region, the United States, Russia and Black Sea area.
ALUMIL accomplished the largest production capacity increase among European extruders. Given its sound presence throughout SE Europe, the Company expects satisfactory growth rates for the next 3-year period.
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ALUMIL is ranked among the largest aluminium extrusion and profiles production private European group (No 1 in Greece since 2000) establishing production sites, large sales networks and warehouses for products targeting architectural & industrial use, shipbuilding, transportation, etc. With 26 subsidiaries, 20 of which are spread throughout Europe, Africa and the Middle East, ALUMIL provides production sites in four Hellenic industrial areas, also in Romania, Bulgaria, Serbia, Bosnia and Albania. ALUMIL has successfully infiltrated into 45 markets in Europe, the Balkans, the M. East and in the U.S.A. A significant competitive advantage remains its widespread sales network in Greece and in every client-country. Parent company was founded in 1988 and since 1998 is listed in the Athens Stock Exchange. Included eight times in GrowthPlus' Europe's 500, ALUMIL's Group sales surpassed euro 287 m. in 2007, while EBITDA exceeded euro 42.9 m.
(Symbols: Athens Stock Exchange: ΑΛΜΥ, Reuters: ALMr.AT, Bloomberg: ALMY GA, Telerate (Bloomberg): GR;ALMY).
Apostolos Papadopoulos-Almeida | Group Investor Relations & Research - Head
Tel: +30 2341079480 | Fax: +30 2341071988 | Investors@Alumil.com
Kilkis Industrial Area | 61100 Kilkis | Greece | www.alumil.com
Presentation was conducted by Mr. George Milonas, President and Group CEO, Mr. Spyridon Mavrikakis, Group CFO, Mr. Dimitrios Koutsoupias, Group Financial Advisor and Mr. Apostolos Papadopoulos-Almeida, Head of Group Investor Relations & Analysis.
Particularly, ALUMIL executives thoroughly presented Group financials for 2007 and growth estimates for the following years. In line with initial releases, 2007 stood as a year of markets' shares expansion internationally - SE Europe, Russia, Gulf Area - and sound profitability, given the overall sector performance.
Group presents constant sales growth for eighty (80) consecutive quarters; basic targets for the forthcoming 3-year period are: further earnings growth, sound financials with constant, positive operational cash flows and satisfactory debt levels. The above stated will be fulfilled with emphasis on specialized services for large projects, on the production and distribution of branded profiles to international markets, for greater profit margins and on the establishment of ALUMIL's presence at the most attractive areas of the Gulf region, the United States, Russia and Black Sea area.
ALUMIL accomplished the largest production capacity increase among European extruders. Given its sound presence throughout SE Europe, the Company expects satisfactory growth rates for the next 3-year period.
-------------------------
ALUMIL is ranked among the largest aluminium extrusion and profiles production private European group (No 1 in Greece since 2000) establishing production sites, large sales networks and warehouses for products targeting architectural & industrial use, shipbuilding, transportation, etc. With 26 subsidiaries, 20 of which are spread throughout Europe, Africa and the Middle East, ALUMIL provides production sites in four Hellenic industrial areas, also in Romania, Bulgaria, Serbia, Bosnia and Albania. ALUMIL has successfully infiltrated into 45 markets in Europe, the Balkans, the M. East and in the U.S.A. A significant competitive advantage remains its widespread sales network in Greece and in every client-country. Parent company was founded in 1988 and since 1998 is listed in the Athens Stock Exchange. Included eight times in GrowthPlus' Europe's 500, ALUMIL's Group sales surpassed euro 287 m. in 2007, while EBITDA exceeded euro 42.9 m.
(Symbols: Athens Stock Exchange: ΑΛΜΥ, Reuters: ALMr.AT, Bloomberg: ALMY GA, Telerate (Bloomberg): GR;ALMY).
Apostolos Papadopoulos-Almeida | Group Investor Relations & Research - Head
Tel: +30 2341079480 | Fax: +30 2341071988 | Investors@Alumil.com
Kilkis Industrial Area | 61100 Kilkis | Greece | www.alumil.com