Greek Delta Dairy, an operating division of dairy group Delta Holdings, has posted 2001 pre-tax profits worth €12.5m (US$11m). This represents a 25% increase year-on-year from the previous year.

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Sales revenue climbed to €261m from €231m in 2000. The group expects to report pre-tax profits of €15.6m on turnover worth €300m this year.


Managing director Antonis Krontiras earlier this week denied reports that Delta Dairy plans to bid for the tender for northern Greek dairy company AGNO.