By Nikos Rousanoglu
With the phrase "Make Aktor greyer again" the chairman and CEO of the group Aktor, Alexander Exarch, described the new development phase of the group at the beginning of today's meeting of the Athens Exchange (Euronext Athens), which it declared.
As Mr Exarch said, the phrase is a continuation of the strategy he had presented in 2018 when he had spoken about "Make Aktor Again", marking the effort to rebuild and strengthen the group.
"Then I said Make Aktor Again. Today I can say that the first volume of that book has been completed and now we start the next," noted the group leader, adding that Aktor now has cash liquidity of EUR 1,15 billion.
The new page for the group comes after the completion of yesterday's bond issue EUR 300 millionIn total, in the last 18 months, new funds have entered the group EUR 1.35 billion through capital increases and bond issues.
These funds are expected to finance an extensive investment programme of ECU EUR 3 billion, with a view to further developing the group's activities.
According to the management plan, the implementation of the investment plan is expected to lead to a significant increase in operational profitability, with annual operating gains increasing from EUR 207 million today at levels EUR 650-700 million until the beginning of the next decade.
