Gr. Sarantis S.A. Reports Consolidated and Parent Earnings Results for the Six Months Ended June 30, 2020
September 02, 2020 at 10:00 am
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Gr. Sarantis S.A. reported consolidated and parent earnings results for the six months ended June 30, 2020. For the period on group basis, Revenue was EUR 183,688,988 against EUR 172,189,157 reported a year ago. Operating profit was EUR 22,257,551 against EUR 15,662,712 reported a year ago. Total comprehensive income after taxes was EUR 11,394,107 against EUR 13,809,501 reported a year ago. Earnings per share, which correspond to the parent's shareholders for the period EUR 0.2326 against EUR 0.2033 reported a year ago.
For the period on company basis, Revenue was EUR 81,334,988 against EUR 70,689,663 reported a year ago. Operating profit was EUR 3,785,957 against EUR 1,982,898 reported a year ago. Total comprehensive income after taxes was EUR 9,329,665 against EUR 1,945,566 reported a year ago. Earnings per share, which correspond to the parent's shareholders for the period EUR 0.1388 against EUR 0.0289 reported a year ago.
Sarantis S.A. is one of the world's leading distributors of branded consumer products. Net sales break down by family of products as follows:
- cosmetic products (42.3%): perfumery and toiletry products (Antonio Banderas, BU, C.THRU, Denim, Elode, Myrto, Noxzema, Prosar, STR8, Tesori l'Oriente and Vidal), skin care products (Astrid, Bioten, Elmiplant and Kolastyna), sun screen products (Carroten, Coppertone and Piz Buint) and hair care products (Final Net and Orzene Beer);
- household products (39.8%): food preservation products (Domet, Fino, Fox, Grosik, Hewa, Jan, Korunka Sanitas and Topstar), home maintenance equipment (Afroso, Ava, Flame, Septifos and Tuboflo), insecticides (Globol, Pyrox and Teza), shoe creams (Camel), etc. ;
- other (12.4%): including health care products, dietary supplements, pregnancy tests, etc.
The remaining net sales (5.5%) are from the manufacturing of plastic packaging products (Label Polipak).
At the end of 2020, the group operated a network of nearly 110,000 sales outlets in Europe.
Net sales are distributed geographically as follows: Greece (34.6%), Poland (23.6%), Romania (14%), Ukraine (7.1%), Czech Republic (5.2%), Serbia (5.1%), Bulgaria (3.3%), Hungary (2.6%) and others (4.5%).
SARANTIS S.A. 
