THESSALONIKI WATER AND SEWAGE COMPANY SA
Presentation press release - Association of Greek Institutional Investors.
As part of the information of the investors the WATER SUPPLY AND SEWERAGE COMPANY OF THESSALONIKI SA today (11/6/2009) held a presentation to the Association of Greek Institutional Investors.
The Chairman & Managing Director, the Vice-Chairman Mr. Pavlos Smyris, professor at the Aristotle University of Thessaloniki, the member of the Board of Directors Mr. Christodoulos Eminoglou, the General Manager Mr. Ioannis Laskaridis and other company executives were present on behalf of EYATH SA. Moreover, the Chairman of the Board of Directors of EYATH Services SA Mr. Kleovoulos Theotokis attended the presentation.
During the presentation, the Chairman of the Board of Directors and Managing Director Mr. Georgios Skodras referred to the company?s activities, the financial results of 2008 and the results of the first quarter of 2009 and underlined that this is the fourth consecutive year of increased sales and profitability. He referred to the revised forecasts of the 2009-2011 investment plan of about EUR 23 million, due to reach EUR 125.7 million.
To conclude the presentation he announced the signing of a memorandum of cooperation between the companies EYATH SA, EYATH SERVICES SA and COSMOLINE SA aiming at their strategic partnership for their common presence in the market of the installation of a fibre optic network and the supply of electronic communications by means of this network.
The Chairman & Managing Director, the Vice-Chairman Mr. Pavlos Smyris, professor at the Aristotle University of Thessaloniki, the member of the Board of Directors Mr. Christodoulos Eminoglou, the General Manager Mr. Ioannis Laskaridis and other company executives were present on behalf of EYATH SA. Moreover, the Chairman of the Board of Directors of EYATH Services SA Mr. Kleovoulos Theotokis attended the presentation.
During the presentation, the Chairman of the Board of Directors and Managing Director Mr. Georgios Skodras referred to the company?s activities, the financial results of 2008 and the results of the first quarter of 2009 and underlined that this is the fourth consecutive year of increased sales and profitability. He referred to the revised forecasts of the 2009-2011 investment plan of about EUR 23 million, due to reach EUR 125.7 million.
To conclude the presentation he announced the signing of a memorandum of cooperation between the companies EYATH SA, EYATH SERVICES SA and COSMOLINE SA aiming at their strategic partnership for their common presence in the market of the installation of a fibre optic network and the supply of electronic communications by means of this network.