Announcement

GOODY'S S.A. as part of its obligations that derive from article 292 of ASE's Regulation, announces that on March 14th, 2006 took place a conference call, where the analysts and institutional investors were informed on the Group's results for fiscal year 2005. During the conference call the main figures of the Group's financial statements were analysed and the most significant company's developments were mentioned.

Specifically:

In fiscal year 2005, the Group's turnover amounted to 146,3 mil. Euros versus 148,4 mil. Euros in fiscal year 2004, mostly influenced by the general recession that was noted in the greek market and to the drop of consumption in the mass catering market, as well as the reorganization of the network of Goody's and Flocafe stores, through the closing of some stores and the opening of new stores, where the positive effect of these openings will be visible in the results of the first quarter of 2006.

Regarding the Group's profitability, the figures were as follows:
- EBITDA amounted to 23,9 mil. Euros versus 23,8 mil. Euros in 2004, showing an increase of 0,5%.
- EBIT amounted to 18,3 mil. Euros versus 17,6 mil. Euros in 2004, increased by 4%.

Μoreover, in fiscal year 2005 the GOODY'S Group made the following movements:
- Reorganization of the network of Goody's and Flocafe stores, through the closing of some stores (1 Goody's and 4 Flocafe stores) and the opening of new stores (5 Goody's and 9 Flocafe stores). The network today consists of 258 Goody's and Flocafe stores.
- Renovation of some network stores.
- Replenishment of the menu with 21 new products (12 Goody's and 9 Flocafe).
- 3 new product lines (one in Greenfood for fresh salads, one in Select for souvlaki-pita, and one in Hellenic Catering for sandwich production).


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