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Karelia Group Profit Before Taxes Surges 87.85% to €99.7M
Capital.grLO·GR·3 days ago
Fais Group reported a 125% increase in post-tax profits for Q1, driven by a one-off €3.68 million gain from the sale of a hotel in Santorini. Underlying operational performance improved with higher sales and EBITDA, but the profit surge is largely non-recurring. This is a company-specific earnings release with limited macro relevance.