FY 2008 results values - Euro2day.gr

Eurobank EFG Securities
Investment Firm S.A.
Member of :
The Athens Exchange
The Cyprus Stock Exchange
Eurobank EFG
Regulated by the Hellenic Capital
Markets Commission
(authorisation number
6/149/12.1.1999)
10 FILELLINON STREET
105 57 ATHENS GREECE
Tel: +30210 3720 000
Fax: +30210 3720 001
Prepared by:
Aggelos Groutas
Equity Analyst
agroutas@eurobanksec.gr
EQUITY RESEARCH
E-mail: research@eurobanksec.gr
www.eurobanksec.gr
Available at :
BLOOMBERG at EUBN.
GREECE: FY 2008 RESULTS
FTSE ASE 20 FY 2008 results: page 1
FTSE ASE 40 FY 2008 results: page 2
Large cap segment FY 2008 results: pages 3-4

(amounts in EUR,000)
FTSE ASE 20 FY 2008 results (IFRS)
Turnover EBITDA EBITDA margin EBT
EBT margin
EAT (after minorities)
EAT margin
FY 08 FY 07 % growth FY 08 FY 07 % growth FY 08 FY 07 FY 08 FY 07 % growth FY 08 FY 07 FY 08 FY 07 % growth FY 08 FY 07
Agricultural Bank 806,889 950,668 -15.1% - - - - - 15,350 316,662 -95.2% 1.9% 33.3% 27,849 241,413 -88.5% 3.5% 25.4%
Alpha Bank 2,338,703 2,240,913 4.4% - - - - - 625,633 985,945 -36.5% 26.8% 44.0% 512,067 850,035 -39.8% 21.9% 37.9%
Bank of Cyprus 1,205,252 1,115,085 8.1% - - - - - 551,614 582,362 -5.3% 45.8% 52.2% 502,388 485,168 3.5% 41.7% 43.5%
Bank of Piraeus 1,651,696 1,633,109 1.1% - - - - - 385,788 785,313 -50.9% 23.4% 48.1% 315,087 622,141 -49.4% 19.1% 38.1%
Coca Cola HBC 6,980,700 6,461,900 8.0% 1,039,000 1,066,600 -2.6% 14.9% 16.5% 346,300 615,200 -43.7% 5.0% 9.5% 227,600 472,300 -51.8% 3.3% 7.3%
Ellaktor 1,913,041 914,678 109.1% 310,083 108,325 186.3% 16.2% 11.8% 174,719 165,784 5.4% 9.1% 18.1% 94,773 129,841 -27.0% 5.0% 14.2%
Eurobank EFG 3,277,000 2,817,000 16.3% - - - - - 818,000 1,050,000 -22.1% 25.0% 37.3% 652,000 815,000 -20.0% 19.9% 28.9%
Hellenic Petroleum 10,130,983 8,537,951 18.7% 245,589 612,772 -59.9% 2.4% 7.2% 16,857 488,627 -96.6% 0.2% 5.7% 23,643 351,004 -93.3% 0.2% 4.1%
Hellenic Postbank 301,900 293,451 2.9% - - - - - 2,600 50,246 -94.8% 0.9% 17.1% 2,830 43,445 -93.5% 0.9% 14.8%
Intralot 1,077,330 835,493 28.9% 192,699 253,578 -24.0% 17.9% 30.4% 145,502 208,505 -30.2% 13.5% 25.0% 50,147 112,301 -55.3% 4.7% 13.4%
Marfin Investment Group 1,773,042 603,652 193.7% 308,595 34,118 804.5% 17.4% 5.7% 213,203 89,643 137.8% 12.0% 14.9% 112,583 62,326 80.6% 6.3% 10.3%
Marfin Popular Bank 1,206,305 1,337,658 -9.8% - - - - - 465,477 688,970 -32.4% 38.6% 51.5% 394,563 563,338 -30.0% 32.7% 42.1%
Motor Oil 5,505,365 4,069,996 35.3% 190,345 296,380 -35.8% 3.5% 7.3% 102,380 205,986 -50.3% 1.9% 5.1% 78,406 149,857 -47.7% 1.4% 3.7%
Mytilineos 975,997 919,558 6.1% 104,130 152,047 -31.5% 10.7% 16.5% 46,744 270,380 -82.7% 4.8% 29.4% 18,492 193,602 -90.4% 1.9% 21.1%
National Bank of Greece 4,908,059 4,559,210 7.7% - - - - - 1,937,014 1,902,929 1.8% 39.5% 41.7% 1,546,012 1,625,315 -4.9% 31.5% 35.6%
OPAP 5,519,591 5,065,751 9.0% 1,056,724 810,004 30.5% 19.1% 16.0% 993,963 776,622 28.0% 18.0% 15.3% 728,488 571,437 27.5% 13.2% 11.3%
OTE 6,407,300 6,319,800 1.4% 2,270,700 2,218,700 2.3% 35.4% 35.1% 844,000 1,154,800 -26.9% 13.2% 18.3% 601,800 662,600 -9.2% 9.4% 10.5%
Public Power Corporation 5,823,500 5,154,200 13.0% 343,600 818,700 -58.0% 5.9% 15.9% -395,900 276,400 - - 5.4% -305,900 222,300 - - 4.3%
Titan Cement 1,578,458 1,496,915 5.4% 380,052 427,926 -11.2% 24.1% 28.6% 210,016 300,346 -30.1% 13.3% 20.1% 208,224 239,739 -13.1% 13.2% 16.0%
Viohalco 3,763,456 3,683,329 2.2% 182,527 393,521 -53.6% 4.8% 10.7% -34,582 209,950 - - 5.7% -11,307 83,958 - - 2.3%
Total FTSE ASE-20 67,144,567 59,010,317 13.8% 6,624,044 7,192,671 -7.9% - - 7,464,678 11,124,670 -32.9% 11.1% 18.9% 5,779,745 8,497,120 -32.0% 8.6% 14.4%
Total FTSE ASE-20-ex financials 49,675,721 43,459,571 14.3% 6,624,044 7,192,671 -7.9% 13.3% 16.6% 2,449,999 4,672,600 -47.6% 4.9% 10.8% 1,714,366 3,188,939 -46.2% 3.5% 7.3%
Total FTSE ASE-40 17,589,442 15,161,767 16.0% 1,799,047 2,179,029 -17.4% - - 518,457 1,502,917 -65.5% 2.9% 9.9% 264,018 1,014,722 -74.0% 1.5% 6.7%
Total FTSE ASE-40, excl. financials 17,261,052 14,771,722 16.9% 1,799,047 2,179,029 -17.4% 10.4% 14.8% 651,081 1,494,758 -56.4% 3.8% 10.1% 411,015 1,030,810 -60.1% 2.4% 7.0%
Total large cap segment 85,724,651 75,232,951 13.9% 8,586,350 9,555,472 -10.1% - - 8,015,657 12,715,256 -37.0% 9.4% 16.9% 6,059,746 9,570,159 -36.7% 7.1% 12.7%
Total large cap segment, excl financials 67,927,415 59,292,160 14.6% 8,586,350 9,555,472 -10.1% 12.6% 16.1% 3,133,602 6,255,027 -49.9% 4.6% 10.5% 2,141,364 4,278,066 -49.9% 3.2% 7.2%
Page 1 of 4

(amounts in EUR,000)
FTSE ASE 40 FY 2008 results (IFRS)
Turnover EBITDA EBITDA margin EBT EBT margin
EAT (after minorities)
EAT margin
FY 08 FY 07 % growth FY 08 FY 07 % growth FY 08 FY 07 FY 08 FY 07 % growth FY 08 FY 07 FY 08 FY 07 % growth FY 08 FY 07
Aegean Airlines 611,693 482,737 26.7% 57,499 47,061 22.2% 9.4% 9.7% 39,938 44,606 -10.5% 6.5% 9.2% 29,465 35,766 -17.6% 4.8% 7.4%
Alapis 1,136,300 442,500 156.8% 183,400 117,400 56.2% 16.1% 26.5% 86,000 91,300 -5.8% 7.6% 20.6% 52,100 81,300 -35.9% 4.6% 18.4%
Alfa Beta Vassilopoulos 1,337,074 1,174,883 13.8% 70,542 71,781 -1.7% 5.3% 6.1% 40,983 50,004 -18.0% 3.1% 4.3% 32,696 36,980 -11.6% 2.4% 3.1%
Anek 278,936 254,332 9.7% 26,909 43,017 -37.4% 9.6% 16.9% -6,413 12,284 - - 4.8% -5,886 12,314 - - 4.8%
Aspis Bank 72,988 97,297 -25.0% - - - - - -59,239 15,686 - - 16.1% -48,068 6,931 - - 7.1%
Athens Medical Centre 284,712 278,500 2.2% 37,072 41,434 -10.5% 13.0% 14.9% 10,848 22,549 -51.9% 3.8% 8.1% 11,066 15,077 -26.6% 3.9% 5.4%
Babis Vovos 52,863 101,244 -47.8% -96,243 23,501 - - - -171,848 -11,645 - - - -120,775 -7,472 - - -
Corinth Pipeworks 385,123 357,528 7.7% 31,177 57,226 -45.5% 8.1% 16.0% 15,838 40,101 -60.5% 4.1% 11.2% 8,859 33,971 -73.9% 2.3% 9.5%
Elval 902,460 979,575 -7.9% 32,561 85,576 -62.0% 3.6% 8.7% -29,203 30,892 - - 3.2% -8,852 21,675 - - 2.2%
Eurobank Properties REIC 38,650 27,893 38.6% 34,325 41,001 -16.3% - - 41,576 39,660 4.8% - - 38,424 37,325 2.9% - -
EYATH-Thessaloniki Water & Sewage 75,919 70,100 8.3% 25,514 22,906 11.4% 33.6% 32.7% 22,017 17,487 25.9% 29.0% 24.9% 15,128 12,441 21.6% 19.9% 17.7%
EYDAP 403,161 388,417 3.8% 78,328 84,472 -7.3% 19.4% 21.7% 49,217 58,482 -15.8% 12.2% 15.1% 31,231 43,282 -27.8% 7.7% 11.1%
Folli- Follie 937,261 706,157 32.7% 191,028 157,908 21.0% 20.4% 22.4% 129,619 125,664 3.1% 13.8% 17.8% 76,954 72,765 5.8% 8.2% 10.3%
Forthnet 211,757 118,842 78.2% 6,474 -20,086 - 3.1% - -54,573 -40,443 - - - -40,485 -32,533 - - -
Fourlis 784,447 670,079 17.1% 101,727 83,416 22.0% 13.0% 12.4% 76,233 65,215 16.9% 9.7% 9.7% 55,057 46,183 19.2% 7.0% 6.9%
Frigoglass 487,819 453,403 7.6% 85,520 90,553 -5.6% 17.5% 20.0% 34,083 65,904 -48.3% 7.0% 14.5% 19,455 45,455 -57.2% 4.0% 10.0%
GEK 696,072 446,139 56.0% 84,536 90,338 -6.4% 12.1% 20.2% 55,801 67,564 -17.4% 8.0% 15.1% 23,636 37,529 -37.0% 3.4% 8.4%
Geniki Bank 193,989 170,971 13.5% - - - - - -22,291 -38,028 - - - -37,462 -43,630 - - -
Halcor 1,200,295 1,369,617 -12.4% 3,613 85,775 -95.8% 0.3% 6.3% -56,375 33,310 - - 2.4% -48,224 20,022 - - 1.5%
Hellenic Exchanges 108,366 161,234 -32.8% 83,312 118,859 -29.9% 76.9% 73.7% 88,932 123,288 -27.9% 82.1% 76.5% 65,014 91,026 -28.6% 60.0% 56.5%
Hygeia 281,821 130,322 116.2% 49,663 23,989 107.0% 17.6% 18.4% 15,609 16,437 -5.0% 5.5% 12.6% 21,052 12,061 74.5% 7.5% 9.3%
Infoquest 458,568 443,835 3.3% -11,835 8,454 - - 1.9% -32,546 4,396 - - 1.0% -26,351 -7,336 - - -
Intracom 509,000 423,000 20.3% -14,300 15,800 - - 3.7% -80,700 -21,200 - - - -83,400 -36,900 - - -
J&P Avax 991,081 683,341 45.0% 75,786 58,205 30.2% 7.6% 8.5% 28,261 33,221 -14.9% 2.9% 4.9% 21,046 24,826 -15.2% 2.1% 3.6%
Jumbo 276,007 238,511 15.7% 78,744 72,433 8.7% 28.5% 30.4% 70,208 64,928 8.1% 25.4% 27.2% 55,404 48,165 15.0% 20.1% 20.2%
Lambrakis Press 284,993 282,119 1.0% 6,301 8,617 -26.9% 2.2% 3.1% -8,045 -1,088 - - - -8,644 -4,666 - - -
Lamda Development 74,650 86,892 -14.1% 71,127 88,766 -19.9% - - 71,053 93,914 -24.3% - - 60,098 59,620 0.8% - -
Metka 381,472 284,249 34.2% 66,860 57,089 17.1% 17.5% 20.1% 57,980 50,454 14.9% 15.2% 17.7% 41,428 36,804 12.6% 10.9% 12.9%
Michaniki 230,942 226,142 2.1% 80,444 78,806 2.1% 34.8% 34.8% 45,288 71,616 -36.8% 19.6% 31.7% 21,956 47,119 -53.4% 9.5% 20.8%
Minoan Lines 213,782 195,938 9.1% 41,309 46,101 -10.4% 19.3% 23.5% 3,317 16,431 -79.8% 1.6% 8.4% 3,309 16,360 -79.8% 1.5% 8.3%
OLTH - Thessaloniki Port Authorities 49,342 66,285 -25.6% 8,593 19,916 -56.9% 17.4% 30.0% 7,925 18,694 -57.6% 16.1% 28.2% 5,303 13,868 -61.8% 10.7% 20.9%
Plaisio 411,901 385,023 7.0% 13,055 19,627 -33.5% 3.2% 5.1% 5,987 13,684 -56.2% 1.5% 3.6% 4,257 9,855 -56.8% 1.0% 2.6%
Proton Bank 61,413 121,777 -49.6% - - - - - -51,094 30,501 - - 25.0% -61,467 20,611 - - 16.9%
S & B Industrial Minerals 468,405 535,405 -12.5% 65,901 74,902 -12.0% 14.1% 14.0% 24,711 37,451 -34.0% 5.3% 7.0% 15,367 25,668 -40.1% 3.3% 4.8%
Sarantis 259,368 241,588 7.4% 37,514 37,460 0.1% 14.5% 15.5% 32,739 40,064 -18.3% 12.6% 16.6% 25,386 31,921 -20.5% 9.8% 13.2%
Sciens -23,976 24,704 - -32,310 19,879 - - - -45,248 5,393 - - 21.8% -37,549 4,328 - - 17.5%
Sfakianakis 486,247 441,197 10.2% 38,527 62,414 -38.3% 7.9% 14.1% 5,239 38,032 -86.2% 1.1% 8.6% 6,128 28,496 -78.5% 1.3% 6.5%
Sidenor 1,713,441 1,390,039 23.3% 139,971 212,630 -34.2% 8.2% 15.3% 47,414 138,507 -65.8% 2.8% 10.0% 29,260 91,638 -68.1% 1.7% 6.6%
Singularlogic 107,029 81,850 30.8% 17,005 10,052 69.2% 15.9% 12.3% 11,454 3,454 - 10.7% 4.2% 8,660 1,419 - 8.1% 1.7%
Sprider Stores 154,072 128,103 20.3% 29,398 21,752 35.2% 19.1% 17.0% 17,763 34,147 -48.0% 11.5% 26.7% 13,442 24,457 -45.0% 8.7% 19.1%
Total FTSE ASE-40 17,589,442 15,161,767 16.0% 1,799,047 2,179,029 -17.4% - - 518,457 1,502,917 -65.5% 2.9% 9.9% 264,018 1,014,722 -74.0% 1.5% 6.7%
Total FTSE ASE-40, excl. financials 17,261,052 14,771,722 16.9% 1,799,047 2,179,029 -17.4% 10.4% 14.8% 651,081 1,494,758 -56.4% 3.8% 10.1% 411,015 1,030,810 -60.1% 2.4% 7.0%
Page 2 of 4

(amounts in EUR,000)
Large cap segment FY 2008 results (IFRS)
Turnover
EBITDA EBITDA margin
EBT EBT margin
EAT (after minorities) EAT margin
FY 08 FY 07 % growth FY 08 FY 07 % growth FY 08 FY 07 FY 08 FY 07 % growth FY 08 FY 07 FY 08 FY 07 % growth FY 08 FY 07
A-B Vassilopoulos 1,337,074 1,174,883 13.8% 70,542 71,781 -1.7% 5.3% 6.1% 40,983 50,004 -18.0% 3.1% 4.3% 32,696 36,980 -11.6% 2.4% 3.1%
Aegean Airlines 611,693 482,737 26.7% 57,499 47,061 22.2% 9.4% 9.7% 39,938 44,606 -10.5% 6.5% 9.2% 29,465 35,766 -17.6% 4.8% 7.4%
Agricultural Bank 806,889 950,668 -15.1% - - - - - 15,350 316,662 -95.2% 1.9% 33.3% 27,849 241,413 -88.5% 3.5% 25.4%
Alapis 1,136,300 442,500 156.8% 183,400 117,400 56.2% 16.1% 26.5% 86,000 91,300 -5.8% 7.6% 20.6% 52,100 81,300 -35.9% 4.6% 18.4%
Alpha Bank 2,338,703 2,240,913 4.4% - - - - - 625,633 985,945 -36.5% 26.8% 44.0% 512,067 850,035 -39.8% 21.9% 37.9%
Anek Lines 278,936 254,332 9.7% 26,909 43,017 -37.4% 9.6% 16.9% -6,413 12,284 - - 4.8% -5,886 12,314 - - 4.8%
Aspis Bank 72,988 97,297 -25.0% - - - - - -59,239 15,686 - - 16.1% -48,068 6,931 - - 7.1%
Athens Medical Centre 284,712 278,500 2.2% 37,072 41,434 -10.5% 13.0% 14.9% 10,848 22,549 -51.9% 3.8% 8.1% 11,066 15,077 -26.6% 3.9% 5.4%
Autohellas 142,472 126,957 12.2% 80,728 75,075 7.5% 56.7% 59.1% 15,869 21,528 -26.3% 11.1% 17.0% 13,379 15,563 -14.0% 9.4% 12.3%
Babis Vovos 52,863 101,244 -47.8% -96,243 23,501 - - - -171,848 -11,645 - - - -120,775 -7,472 - - -
Bank of Cyprus 1,205,252 1,115,085 8.1% - - - - - 551,614 582,362 -5.3% 45.8% 52.2% 502,388 485,168 3.5% 41.7% 43.5%
Bank of Piraeus 1,651,696 1,633,109 1.1% - - - - - 385,788 785,313 -50.9% 23.4% 48.1% 315,087 622,141 -49.4% 19.1% 38.1%
Coca Cola Hellenic 6,980,700 6,461,900 8.0% 1,039,000 1,066,600 -2.6% 14.9% 16.5% 346,300 615,200 -43.7% 5.0% 9.5% 227,600 472,300 -51.8% 3.3% 7.3%
Corinth Pipeworks 385,123 357,528 7.7% 31,177 57,226 -45.5% 8.1% 16.0% 15,838 40,101 -60.5% 4.1% 11.2% 8,859 33,971 -73.9% 2.3% 9.5%
Electroniki Athens (H1) 110,362 119,407 -7.6% 5,297 10,361 -48.9% 4.8% 8.7% 1,125 6,645 -83.1% 1.0% 5.6% 716 4,828 -85.2% 0.6% 4.0%
Ellaktor 1,913,041 914,678 109.1% 310,083 108,325 186.3% 16.2% 11.8% 174,719 165,784 5.4% 9.1% 18.1% 94,773 129,841 -27.0% 5.0% 14.2%
Elval 902,460 979,575 -7.9% 32,561 85,576 -62.0% 3.6% 8.7% -29,203 30,892 - - 3.2% -8,852 21,675 - - 2.2%
Eurobank EFG 3,277,000 2,817,000 16.3% - - - - - 818,000 1,050,000 -22.1% 25.0% 37.3% 652,000 815,000 -20.0% 19.9% 28.9%
Eurobank Properties REIC 38,650 27,893 38.6% 34,325 41,001 -16.3% - - 41,576 39,660 4.8% - - 38,424 37,325 2.9% - -
EYATH-Thessaloniki Water & Sewage 75,919 70,100 8.3% 25,514 22,906 11.4% 33.6% 32.7% 22,017 17,487 25.9% 29.0% 24.9% 15,128 12,441 21.6% 19.9% 17.7%
EYDAP - Athens Water & Sewage 403,161 388,417 3.8% 78,328 84,472 -7.3% 19.4% 21.7% 49,217 58,482 -15.8% 12.2% 15.1% 31,231 43,282 -27.8% 7.7% 11.1%
FG Europe 144,555 154,477 -6.4% 26,846 22,241 20.7% 18.6% 14.4% 20,422 18,574 9.9% 14.1% 12.0% 15,251 13,468 13.2% 10.6% 8.7%
Folli-Follie 937,261 706,157 32.7% 191,028 157,908 21.0% 20.4% 22.4% 129,619 125,664 3.1% 13.8% 17.8% 76,954 72,765 5.8% 8.2% 10.3%
Forthnet 211,757 118,842 78.2% 6,474 -20,086 - 3.1% - -54,573 -40,443 - - - -40,485 -32,533 - - -
Fourlis 784,447 670,079 17.1% 101,727 83,416 22.0% 13.0% 12.4% 76,233 65,215 16.9% 9.7% 9.7% 55,057 46,183 19.2% 7.0% 6.9%
Frigoglass 487,819 453,403 7.6% 85,520 90,553 -5.6% 17.5% 20.0% 34,083 65,904 -48.3% 7.0% 14.5% 19,455 45,455 -57.2% 4.0% 10.0%
GEK Terna 696,072 446,139 56.0% 84,536 90,338 -6.4% 12.1% 20.2% 55,801 67,564 -17.4% 8.0% 15.1% 23,636 37,529 -37.0% 3.4% 8.4%
Geniki Bank 193,989 170,971 13.5% - - - - - -22,291 -38,028 - - - -37,462 -43,630 - - -
Halcor 1,200,295 1,369,617 -12.4% 3,613 85,775 -95.8% 0.3% 6.3% -56,375 33,310 - - 2.4% -48,224 20,022 - - 1.5%
Hellenic Exchanges 108,366 161,234 -32.8% 83,312 118,859 -29.9% 76.9% 73.7% 88,932 123,288 -27.9% 82.1% 76.5% 65,014 91,026 -28.6% 60.0% 56.5%
Hellenic Petroleum 10,130,983 8,537,951 18.7% 245,589 612,772 -59.9% 2.4% 7.2% 16,857 488,627 -96.6% 0.2% 5.7% 23,643 351,004 -93.3% 0.2% 4.1%
Hellenic Postbank 301,900 293,451 2.9% - - - - - 2,600 50,246 -94.8% 0.9% 17.1% 2,830 43,445 -93.5% 0.9% 14.8%
Hygeia 281,821 130,322 116.2% 49,663 23,989 107.0% 17.6% 18.4% 15,609 16,437 -5.0% 5.5% 12.6% 21,052 12,061 74.5% 7.5% 9.3%
Info-Quest 458,568 443,835 3.3% -11,835 8,454 - - 1.9% -32,546 4,396 - - 1.0% -26,351 -7,336 - - -
Intracom Holdings 509,000 423,000 20.3% -14,300 15,800 - - 3.7% -80,700 -21,200 - - - -83,400 -36,900 - - -
Intralot 1,077,330 835,493 28.9% 192,699 253,578 -24.0% 17.9% 30.4% 145,502 208,505 -30.2% 13.5% 25.0% 50,147 112,301 -55.3% 4.7% 13.4%
J&P Avax 991,081 683,341 45.0% 75,786 58,205 30.2% 7.6% 8.5% 28,261 33,221 -14.9% 2.9% 4.9% 21,046 24,826 -15.2% 2.1% 3.6%
Jumbo (H1) 276,007 238,511 15.7% 78,744 72,433 8.7% 28.5% 30.4% 70,208 64,928 8.1% 25.4% 27.2% 55,404 48,165 15.0% 20.1% 20.2%
Kathimerini 108,546 133,464 -18.7% 6,047 11,267 -46.3% 5.6% 8.4% -6,880 8,946 - - 6.7% -6,463 7,670 - - 5.7%
Kloukinas-Lappas 76,871 64,003 20.1% 13,634 17,546 -22.3% 17.7% 27.4% 9,897 21,861 -54.7% 12.9% 34.2% 7,002 15,691 -55.4% 9.1% 24.5%
Lambrakis Press - DOL 284,993 282,119 1.0% 6,301 8,617 -26.9% 2.2% 3.1% -8,045 -1,088 - - - -8,644 -4,666 - - -
Lamda Development 74,650 86,892 -14.1% 71,127 88,766 -19.9% - - 71,053 93,914 -24.3% - - 60,098 59,620 0.8% - -
Lavipharm 238,035 248,299 -4.1% 797 10,982 -92.7% 0.3% 4.4% -17,691 -10,236 - - - -14,221 -9,263 - - -
Marfin Investment Group 1,773,042 603,652 193.7% 308,595 34,118 804.5% 17.4% 5.7% 213,203 89,643 137.8% 12.0% 14.9% 112,583 62,326 80.6% 6.3% 10.3%
Marfin Popular Bank 1,206,305 1,337,658 -9.8% - - - - - 465,477 688,970 -32.4% 38.6% 51.5% 394,563 563,338 -30.0% 32.7% 42.1%
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(amounts in EUR,000)
Large cap segment FY 2008 results (IFRS)- continued
Turnover EBITDA EBITDA margin EBT
EBT margin EAT (after minorities) EAT margin
FY 08 FY 07 % growth FY 08 FY 07 % growth FY 08 FY 07 FY 08 FY 07 % growth FY 08 FY 07 FY 08 FY 07 % growth FY 08 FY 07
Metka 381,472 284,249 34.2% 66,860 57,089 17.1% 17.5% 20.1% 57,980 50,454 14.9% 15.2% 17.7% 41,428 36,804 12.6% 10.9% 12.9%
Michaniki 230,942 226,142 2.1% 80,444 78,806 2.1% 34.8% 34.8% 45,288 71,616 -36.8% 19.6% 31.7% 21,956 47,119 -53.4% 9.5% 20.8%
Minoan Lines 213,782 195,938 9.1% 41,309 46,101 -10.4% 19.3% 23.5% 3,317 16,431 -79.8% 1.6% 8.4% 3,309 16,360 -79.8% 1.5% 8.3%
Motor Oil 5,505,365 4,069,996 35.3% 190,345 296,380 -35.8% 3.5% 7.3% 102,380 205,986 -50.3% 1.9% 5.1% 78,406 149,857 -47.7% 1.4% 3.7%
Mytilineos 975,997 919,558 6.1% 104,130 152,047 -31.5% 10.7% 16.5% 46,744 270,380 -82.7% 4.8% 29.4% 18,492 193,602 -90.4% 1.9% 21.1%
National Bank of Greece 4,908,059 4,559,210 7.7% - - - - - 1,937,014 1,902,929 1.8% 39.5% 41.7% 1,546,012 1,625,315 -4.9% 31.5% 35.6%
Nireus 169,800 214,260 -20.8% 29,910 36,300 -17.6% 17.6% 16.9% 9,780 20,350 -51.9% 5.8% 9.5% 320 10,360 -96.9% 0.2% 4.8%
OPAP 5,519,591 5,065,751 9.0% 1,056,724 810,004 30.5% 19.1% 16.0% 993,963 776,622 28.0% 18.0% 15.3% 728,488 571,437 27.5% 13.2% 11.3%
OTE 6,407,300 6,319,800 1.4% 2,270,700 2,218,700 2.3% 35.4% 35.1% 844,000 1,154,800 -26.9% 13.2% 18.3% 601,800 662,600 -9.2% 9.4% 10.5%
Plaisio Computers 411,901 385,023 7.0% 13,055 19,627 -33.5% 3.2% 5.1% 5,987 13,684 -56.2% 1.5% 3.6% 4,257 9,855 -56.8% 1.0% 2.6%
Proton Bank 61,413 121,777 -49.6% - - - - - -51,094 30,501 - - 25.0% -61,467 20,611 - - 16.9%
Public Power Corporation 5,823,500 5,154,200 13.0% 343,600 818,700 -58.0% 5.9% 15.9% -395,900 276,400 - - 5.4% -305,900 222,300 - - 4.3%
S&B Industrial Minerals 468,405 535,405 -12.5% 65,901 74,902 -12.0% 14.1% 14.0% 24,711 37,451 -34.0% 5.3% 7.0% 15,367 25,668 -40.1% 3.3% 4.8%
Sarantis 259,368 241,588 7.4% 37,514 37,460 0.1% 14.5% 15.5% 32,739 40,064 -18.3% 12.6% 16.6% 25,386 31,921 -20.5% 9.8% 13.2%
Sciens -23,976 24,704 - -32,310 19,879 - - - -45,248 5,393 - - 21.8% -37,549 4,328 - - 17.5%
Sfakianakis 486,247 441,197 10.2% 38,527 62,414 -38.3% 7.9% 14.1% 5,239 38,032 -86.2% 1.1% 8.6% 6,128 28,496 -78.5% 1.3% 6.5%
Sidenor 1,713,441 1,390,039 23.3% 139,971 212,630 -34.2% 8.2% 15.3% 47,414 138,507 -65.8% 2.8% 10.0% 29,260 91,638 -68.1% 1.7% 6.6%
Singularlogic 107,029 81,850 30.8% 17,005 10,052 69.2% 15.9% 12.3% 11,454 3,454 - 10.7% 4.2% 8,660 1,419 - 8.1% 1.7%
Sprider Stores 154,072 128,103 20.3% 29,398 21,752 35.2% 19.1% 17.0% 17,763 34,147 -48.0% 11.5% 26.7% 13,442 24,457 -45.0% 8.7% 19.1%
Thessaloniki Port Authorities 49,342 66,285 -25.6% 8,593 19,916 -56.9% 17.4% 30.0% 7,925 18,694 -57.6% 16.1% 28.2% 5,303 13,868 -61.8% 10.7% 20.9%
Titan Cement 1,578,458 1,496,915 5.4% 380,052 427,926 -11.2% 24.1% 28.6% 210,016 300,346 -30.1% 13.3% 20.1% 208,224 239,739 -13.1% 13.2% 16.0%
Viohalco 3,763,456 3,683,329 2.2% 182,527 393,521 -53.6% 4.8% 10.7% -34,582 209,950 - - 5.7% -11,307 83,958 - - 2.3%
Total large cap segment 85,724,651 75,232,951 13.9% 8,586,350 9,555,472 -10.1% - - 8,015,657 12,715,256 -37.0% 9.4% 16.9% 6,059,746 9,570,159 -36.7% 7.1% 12.7%
Total large cap segment, excl financials 67,927,415 59,292,160 14.6% 8,586,350 9,555,472 -10.1% 12.6% 16.1% 3,133,602 6,255,027 -49.9% 4.6% 10.5% 2,141,364 4,278,066 -49.9% 3.2% 7.2%
This report has been issued by EUROBANK EFG Securities Investment Firm S.A (VAT No: 094543092, Reg, No: 42221/06/B/99/10), a member of the Athens Exchange, a member of the Cyprus Stock Exchange and a member of EUROBANK EFG. EUROBANK EFG Securities Investment Firm S.A., is regulated by the Hellenic
Capital Markets Commission (HCMC) with authorisation number 6/149/12.1.1999. This report may not be reproduced in any manner or provided to any other persons. Each person that receives a copy by acceptance thereof represents and agrees that it will not distribute or provide it to any other person. The information
contained herein has been obtained from sources believed to be reliable but it has not been verified by EUROBANK EFG SECURITIES Investment Firm S.A. The opinions expressed herein may not necessarily coincide with those of any member of the Eurobank EFG Group. No representation or warranty (express or implied) is
made as to the accuracy, completeness, correctness, timeliness of fairness of the information or opinions herein, all of which are subject to change without notice. No responsibility of liability whatsoever or howsoever arising is accepted in relation to the contents hereof by EUROBANK EFG SECURITIES Investment Firm S.A. or
any of its directors, officers or employees. This report is not an offer to buy or sell or a solicitation of an offer to buy or sell securities mentioned herein. EUROBANK EFG SECURITIES Investment Firm S.A. and others associated with it may have positions in, and may effect transactions in securities of companies mentioned
herein and may also perform or seek to perform investment banking services for those companies. The investments discussed in this report may be unsuitable for investors, depending on their specific investment objectives and financial position.
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