Giannis Vrentzos, CEO of Alter Ego Media, forecast an increase in the
Giannis Vrentzos, CEO of Alter Ego Media, forecast an increase in the net profitability margins for the listed company in 2025 at the shareholders’ annual ordinary general meeting held today, June 17, in the Hermes Hall of the Athens Stock Exchange. He emphasized the management’s commitment to the uninterrupted implementation of the investment program aimed at further developing the Group’s presence in the media and entertainment sector and at its expansion into new activities.
“We are continuing to evolve Alter Ego Media into a large media tech group,” the Alter Ego CEO noted.
With a quorum of 82.79% of the total shareholders, a particularly high percentage given the Group’s high dispersion, all the agenda items were voted on, including the optional three-year dividend reinvestment program in the Company’s shares, up to €30 million.
Estimates for 2025
The CEO, Mr. Vrentzos, also shared the Group’s projected performance metrics for 2025 with shareholders, as these were extrapolated from the trends observed in the first five months of the year. He estimated that the Group’s turnover will continue to grow, primarily due to a projected increase in advertising service revenues.
As a percentage of turnover, the Group’s operating expenses for the 2025 fiscal year are
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