Iktinos Hellas S.A.
AATHEX:IKTIN0.27
EUR
+0.00
(-1.82%)
ISIN
GRS372003004
Return %
Stock
S&P 500
1Y
-34.78
14.20
3Y
-37.93
81.12
5Y
-67.07
68.34
Capital Structure
EUR
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in mil. unless spec.Working Capital
EUR
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in mil. unless spec.Growth Rates
EUR
•
in mil. unless spec.Semi-annual Revenue
EUR
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in mil. unless spec.Semi-annual Earnings Per Share
EUR
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in mil. unless spec.Semi-annual Dividends Per Share
EUR
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in mil. unless spec.Company Description
- CEO
- Evaggelos Nicholas Chaidas
- Full Time Employees
- 398
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- 7, Likovrissis Street Athens GI Greece 144 52
- IPO Date
- Mar 15, 2000
- Website
- iktinos.gr
- Similar Companies
- Business
- Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company is a vertically integrated Greek firm engaged primarily in the quarrying, cutting, processing, and marketing of premium marble and granite products. The company manufactures and exports a broad range of decorative stone products including marble blocks, slabs, customized tiles, countertops, wash basins, and artificial stone surfaces under various prestigious marble types such as Thassos, Volakas, Nestos, and “Golden Spider.” It operates ten privately owned marble quarries in northern Greece and runs three cutting and processing factories. Iktinos Hellas serves over 90 countries globally, with main markets spanning China, Southeast Asia, the USA, the Arabian Gulf, Latin America, and Europe. It also engages in other business segments including wind energy through an aeolian energy division and real estate development. The company was founded in 1974 and is headquartered in Athens, Greece. Recent major company developments include the acquisition of 99% of EM.TSALAPATANIS KE SIA E.E., enhancing its production capabilities with new quarry exploitation rights in the Nestos municipality. In early 2024, Iktinos expanded its production capacity by opening four new quarries, increasing expected raw material output significantly, particularly for its white dolomitic marble. The company has also diversified its export markets, notably tripling exports to India, Egypt, and Tunisia, and securing new contracts worth approximately €12 million in the Americas, Vietnam, and Turkmenistan. Additionally, Iktinos entered a strategic partnership with CBE CAPITAL Ltd. for the development of a major project in Sitia, including asset management and design responsibilities, signaling expansion into tourism-related real estate development. Iktinos continues to strengthen its market position with renovations and acquisitions such as its factory in Drama and quarry purchases in Kavala. Iktinos Hellas operates through defined business segments including Marble, Aeolian Energy, and Real Estate. Its products cater primarily to luxury architectural and design projects, supplying architects, designers, and construction firms globally. The company is listed on the Athens Stock Exchange since 2000, maintaining a strong international presence with a consistently high export ratio exceeding 95% of its turnover. Its vertically integrated business model and expansion into renewable energy and real estate underscore its diversified growth strategy beyond traditional marble extraction and processing. This comprehensive profile highlights Iktinos Hellas S.A. as a leading integrated player in the global marble industry with significant recent expansions in production capacity, geographic market penetration, acquisitions, and strategic development partnerships.