Business Risks for the Company over a 3-year horizon:
According to the Management, the possible business risks for Sarantis Group are presented below:
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A stronger (beyond any available forecasts) competition in the strategic business segments, in which Sarantis Group activates: Selective cosmetics, mass-market perfumes, packaging products, and shoe related products.
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B.
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A possible reversal in the GDP growth of the Eastern Europe economies, in which Sarantis Group activates.
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C.
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Unfavorable currency movement in the Group’s foreign countries |