United States

Analyst Research Report Snapshot


ELINOIL S.A. - Strengthens its leading position in the Greek market, expanding at the same time in the biodiesel market. Valuation applying the DCF Method on our 5-year estimates.




VRS (Valuation & Research Specialists)


31 Jan 2006





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Future growth of Elinoil Group will mostly derive from: 1. the upgrade of the petrol station network aiming at both its expansion and the improvement of the stations’ average performance based on high quality petroleum products. 2. the production and distribution of biodiesel, a new product with a significant potential which is expected to generate 6% of turnover and 35% of pre-tax profits of the Group at the end of 2009.

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