Sarantis Worldwide


Visit our group site

Sarantis Group| English

Or choose a location

IN 2007, K. THEODORIDIS SA WILL BE CONSOLIDATING WITH THE 'JOINT CONTROL' METHOD

26 APRIL 2007

    
PRESS RELEASE

Based on an MOU, signed between Κ.THEODORIDIS family (holders of 50% of Κ.THEODORIDIS S.A. TRADE-IMPORTS-CAR ITEMS REPRESENTATIVES, from now on “K. Theodoridis SA’) and SARANTIS Group (holders of 50% of Κ.THEODORIDIS SA), the parties agreed that they will exercise the management of Κ.THEODORIDIS SA in turn every twelve months. Hereafter, as of the 1st March 2007 and for the coming twelve months, the management of Κ.THEODORIDIS SA will be exercised by Κ.THEODORIDIS family.

As a result, and along with the International Accounting Standards (IAS 31), SARANTIS Group will consolidate the Financial statements of Κ.THEODORIDIS S.A., using the “joint control” method. Specifically, Balance Sheet, P&L and Cash Flow releases throughout 2007 and onwards, will consolidate the financials of the ‘Κ.THEODORIDIS S.A.’ in proportion to the participation of SARANTIS Group to the company.

SARANTIS Group plans to release 2006 quarterly and annual results in pro-forma to facilitate like to like comparison.


    

Release Date of FY 2024 Annual Financial Results and Annual Financial Report & Conference Call Invitation

Sarantis Group will release its FY 2024 Annual Financial Results and Annual Financial Report, as follows: Wednesday, March 12th 2025 following Athens Exchange Market closing – Results and Report Release, which will be available at the Athens Stock Exchange website (www.
More
Change cookies consent Revoke cookies consent