Delta Ice Cream, a subsidiary of Greek dairy group Delta Holdings, expects a consolidated pre-tax profit of over €7m (US$6.9m) for 2002.

The company has also forecast earnings before tax, depreciation and amortisation in excess of €26m for 2002, an increase of 20% from the previous year. Consolidated sales are also forecast to increase. The expected sales figure for 2002 is €130m, an increase of 10% from the previous year, reported Greek News Digest.