ALUMIL ALUMINIUM INDUSTRY S.A.
Press Release
Alumil launches a new roadshow series to institutional investors in Paris, Vienna and London; among others to ING, RAIFFEISEN, FORTIS and ROTHSCHILD Bank. Group financials and stable growth in the defensive extrusion sub-sector, consist now a highly attractive scenario for the mid-cap European fund managers.
ALUMIL launches a series of Group presentations and roadshows to international institutional investors in Paris, London and Vienna from January 22nd to February 2nd.
Group management, in contrast to the nervous, negative conditions, in tandem to previous announcements, proceeds to a number of roadshows, in response to western European bankers' and fund managers' requests.
Group promotion becomes now a strategic target supported by sound axis: worldwide certified top products, portfolio diversification, and leading position throughout SE Europe provide double digit growth for the next five years in a defensive sector.
Despite overall volatility nervousness, Alumil leading presence in the Balkans, Russia, the wider Black Sea area and in the Gulf area drive earnings contribution from international activities -emerging markets- to overcome 52% for 2008.
Listed subsidiary Alumil ROM provides additionally a sound leading position in the Romanian market, with consolidated turnover and net earnings 26.6 m. euros and 3.54 m. euros respectively (IFRS 2006), satisfactory earnings growth for 2007, strong management quality and high dividends yield of more than 6,3%; arguments to render ROM a top choice among the Bucharest Stock Exchange listed companies.
Group roadshows will continue in Greece and internationally.
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 offers production sites in four Hellenic industrial areas, 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 243 m. euros in 2006, while EBITDA exceeded 39.5 m. euros.
ALUMIL launches a series of Group presentations and roadshows to international institutional investors in Paris, London and Vienna from January 22nd to February 2nd.
Group management, in contrast to the nervous, negative conditions, in tandem to previous announcements, proceeds to a number of roadshows, in response to western European bankers' and fund managers' requests.
Group promotion becomes now a strategic target supported by sound axis: worldwide certified top products, portfolio diversification, and leading position throughout SE Europe provide double digit growth for the next five years in a defensive sector.
Despite overall volatility nervousness, Alumil leading presence in the Balkans, Russia, the wider Black Sea area and in the Gulf area drive earnings contribution from international activities -emerging markets- to overcome 52% for 2008.
Listed subsidiary Alumil ROM provides additionally a sound leading position in the Romanian market, with consolidated turnover and net earnings 26.6 m. euros and 3.54 m. euros respectively (IFRS 2006), satisfactory earnings growth for 2007, strong management quality and high dividends yield of more than 6,3%; arguments to render ROM a top choice among the Bucharest Stock Exchange listed companies.
Group roadshows will continue in Greece and internationally.
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 offers production sites in four Hellenic industrial areas, 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 243 m. euros in 2006, while EBITDA exceeded 39.5 m. euros.