Analyst Research Report Snapshot


EYATH [ THESSALONIKI WATER SUPPLY & SEWERAGE CO. SA ] - Valuation, Investment Case, Company Profile




VRS (Valuation & Research Specialists)


30 Oct 2007





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The new geographic expansion, the new pricing policy, and the steadily growing customer base in existing network are among the major revenue growth drivers in the short-term. In the longer-term, the management has given us guidance of investments to be implemented in the sectors of energy and telecommunications. For the period 2006-2011, we expect turnover CAGR2006-2011 of 9.04%, with EBITDA and net income CAGR2006-2011 of 14.33% & 14.38% respectively.

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