Brief: Sarantis Says No Fiscal Impact Up To Date From Ukraine Exposed Subsidiaries

GR. SARANTIS

24/02/2022 17:05

Feb 24 (Reuters) - 
    * UKRAINE EXPOSED SUBSIDIARIES ERGOPACK LLC AND HOZTORG LLC
REPRESENT 6.7% AND 0.5%  OF GROUP'S TOTAL SALES RESPECTIVELY
    * BASED ON THE FY 2020, EBIT OF ERGOPACK LLC REPRESENTS
2.96% AND
EBIT OF HOZTORG LLC 0.07% ON THE TOTAL EBIT OF THE GROUP
    * PURCHASES FROM UKRAINE ARE ABOUT 5% OF CONSOLIDATED
MARKETS
    * TO DATE THERE IS NO CONSEQUENCE OF THE ESCALATING
INTENSITY OF
THE TURNOVER OF RESULTS AND THE FINANCIAL POSITION OF THE
SUBSIDIARIES

Source text: https://bit.ly/3t815Jx
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