The Board of Directors intends to propose to the ordinary General Shareholders Meeting, which will be held in May, a dividend distribution of € 0,10 per share, improved by 11,1 percent. Based on the closing share price on the 31.12.2005 the dividend yield arises to 3,41 percent.
The Group's prospects remain high, despite the constantly intensifying competition from low labor cost countries and are based on the fact that Hellenic Fabrics S.A. is a modern industry with clear strategic target, financially strong, vertical structure, close cooperation with its well-known customers and an excellent reputation in the international denim market.
Greece based indigo denim fabric maker Hellenic Fabrics produces a wide variety of denim fabrics, differing mainly in technical characteristics such as weight, yarn type, colour, texture etc.
Hellenic Fabrics S.A. Group
marketing@alchempro.com
