IKTINOS presented the financial results to the members of the Institutional Investors Association

Ergomac banner ad
Eltrak - Cat banner ad

In Athens the Vice President of the Board of Directors of the company Iktinos, Mrs. Ioulia Haida, presented the financial results to the members of the Institutional Investors Association.

Ms. Haida noted that Iktinos remains one of the largest marble companies in the world with a strong sales network abroad, while through its subsidiaries it operates in the field of wind energy and in the real estate sector. Regarding the company’s investment in Crete, she stressed that she is still looking for an investor.

Stonetech banner ad
Stonetech banner ad
Officine Marchetti banner ad

As she pointed out, Greece is in the 3rd place in the world in the exports of marble blocks and slabs, as the Greek marble is in demand abroad.

Referring to Iktinos, she noted, among other things, that the company’s market share in Greece amounts to 12% and the company employs more than 450 people, with the majority of the company’s staff retiring from Iktinos. The company had a turnover of € 8.5 million in the first quarter of 2021, compared to 6.6 million in the first quarter of 2020, recording an increase of 28.61%. EBITDA amounted to € 2.8 million in the first quarter of 2021, compared to € 0.83 million in the first quarter of 2020, an increase of 238%. She added that the company intends to proceed with the distribution of pre-dividend for the year 2021.

Ms. Haida expressed her optimism for 2021, as the markets seem to have opened, overcoming the pandemic, while noting that the company’s constant goal is to continue the search for new materials.

Referring to the period of the pandemic, she underlined that the company was called to act immediately and adjusted its strategy. It trained its staff to acquire new digital skills, while standing on the company’s goal of lifelong learning and training of its staff. She noted that IKTINOS stands by the Municipalities and Communities in which it operates, understanding the current difficult conditions, while strengthening the Drama Hospital in the fight against COVID-19.