Announcement • 20m
Demetra Holdings plc Approves Final Dividend for the Period Ended December 31, 2025 Demetra Holdings Plc approved the payment of final dividend, based on the financial results of the period ended 31 December 2025, amounting to a total of EUR 20,000,000, i.e. 10 cents per share (the "Dividend"). The Record Date for dividend purposes is Thursday, July 9, 2026. The Record on this date will include the transactions finalised by the end of the trading session of Tuesday July 07, 2026. Consequently, until and including July 07, 2026, the Company's shares will be traded cum dividend while from the commencement of the trading session of July 08, 2026, the Company's shares will be traded ex dividend. It is finally noted that the Dividend will be paid within 90 days from the date of approval of the Dividend by the AGM, i.e. by 30 September 2026, further to an approval of extension granted by the Cyprus Stock Exchange Council, upon reasoned request for extension submitted by the Company. The final date of payment of the Dividend will be announced in due course. Reported Earnings • Jun 22
First quarter 2026 earnings released: €0.006 loss per share (vs €0.027 profit in 1Q 2025) First quarter 2026 results: €0.006 loss per share (down from €0.027 profit in 1Q 2025). Revenue: €2.38m (down 62% from 1Q 2025). Net loss: €1.19m (down 122% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 11
Demetra Holdings Plc, Annual General Meeting, Jun 30, 2026 Demetra Holdings Plc, Annual General Meeting, Jun 30, 2026. Reported Earnings • Apr 26
Full year 2025 earnings released: EPS: €0.053 (vs €0.66 in FY 2024) Full year 2025 results: EPS: €0.053 (down from €0.66 in FY 2024). Revenue: €16.1m (down 83% from FY 2024). Net income: €10.7m (down 92% from FY 2024). Profit margin: 66% (down from 138% in FY 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 07
Demetra Holdings Plc to Report Fiscal Year 2025 Results on Apr 24, 2026 Demetra Holdings Plc announced that they will report fiscal year 2025 results Pre-Market on Apr 24, 2026 Reported Earnings • Nov 27
Third quarter 2025 earnings released: EPS: €0.017 (vs €0.017 in 3Q 2024) Third quarter 2025 results: EPS: €0.017 (in line with 3Q 2024). Revenue: €4.23m (up 22% from 3Q 2024). Net income: €3.49m (up 5.3% from 3Q 2024). Profit margin: 83% (down from 96% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Announcement • Nov 14
Demetra Holdings Plc to Report Nine Months, 2025 Results on Nov 25, 2025 Demetra Holdings Plc announced that they will report nine months, 2025 results on Nov 25, 2025 Reported Earnings • Sep 25
Second quarter 2025 earnings released: EPS: €0.024 (vs €0.095 in 2Q 2024) Second quarter 2025 results: EPS: €0.024 (down from €0.095 in 2Q 2024). Revenue: €6.27m (up 390% from 2Q 2024). Net income: €4.90m (down 74% from 2Q 2024). Profit margin: 78% (down from 1,489% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 64% per year whereas the company’s share price has increased by 61% per year. Announcement • Sep 12
Demetra Holdings Plc to Report First Half, 2025 Results on Sep 24, 2025 Demetra Holdings Plc announced that they will report first half, 2025 results on Sep 24, 2025 Reported Earnings • Jun 02
First quarter 2025 earnings released: EPS: €0.027 (vs €0.10 in 1Q 2024) First quarter 2025 results: EPS: €0.027 (down from €0.10 in 1Q 2024). Revenue: €6.22m (up €5.81m from 1Q 2024). Net income: €5.33m (down 73% from 1Q 2024). Profit margin: 86% (down from 4,873% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. Announcement • May 31
Demetra Holdings Plc, Annual General Meeting, Jun 24, 2025 Demetra Holdings Plc, Annual General Meeting, Jun 24, 2025, at 11:00 GTB Standard Time. Location: opap fair play room, at the olympic hall, nicosia Cyprus Announcement • May 20
Demetra Holdings Plc to Report Q1, 2025 Results on May 28, 2025 Demetra Holdings Plc announced that they will report Q1, 2025 results on May 28, 2025 Reported Earnings • Apr 22
Full year 2024 earnings released: EPS: €0.66 (vs €0.43 in FY 2023) Full year 2024 results: EPS: €0.66 (up from €0.43 in FY 2023). Revenue: €96.3m (up €85.2m from FY 2023). Net income: €132.5m (up 54% from FY 2023). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. Announcement • Feb 12
Eurobank S.A. completed the acquisition of additional 21.33% stake in Hellenic Bank Public Company Limited (CSE:HB) from Demetra Holdings Plc (CSE:DEM). Eurobank S.A. entered into a purchase and sale agreement to acquire additional 21.33% stake in Hellenic Bank Public Company Limited (CSE:HB) from Demetra Holdings Plc (CSE:DEM) for approximately €430 million on November 25, 2024. A cash consideration valued at €4.843 per share will be paid by Eurobank S.A. In related transaction, Eurobank S.A. entered into a purchase and sale agreement to acquire additional 3.326% stake in Hellenic Bank from Logicom for a consideration of €66 million. Eurobank currently holds 55.962% in the Bank and will increase its holding to 93.47% after the completion of the Transaction and the ETYK Transactions. Until completion, the Sellers shall have the full legal and beneficial ownership of the shares agreed to be sold, together with all rights attached thereto. As announced by Eurobank, in accordance with the provisions of the Takeover Bids Law of 2007 (“Law”), Eurobank will proceed, following the completion of the Transaction, to a tender offer for all the outstanding shares of the Bank that it will not already hold at the time at the same price i.e., €4.843 per share. Given that upon completion of the tender offer, Eurobank will own more than 90% of the issued share capital and voting rights of the Bank, it will exercise the squeeze-out right and take all necessary steps for the delisting of the Bank’s shares from the Cyprus Stock Exchange. The Agreement is subject to regulatory approvals, which must be obtained by 30 April 2025, and will be completed thereafter. The Agreement is also subject to the approval of the General Meeting of the Demetra's shareholders, will be completed after their fulfilment and in any case not earlier than 8 February 2025, which is six months after the completion of Eurobank’s last mandatory tender offer. Under the terms, Eurobank will acquire 21.33% from Demetra and 3.33% from Logicom. This segment of the agreement is expected to close by February 10, 2025, pending the necessary regulatory approvals.
Stelios Triantafyllides of Antis Triantafyllides & Sons LLC acted as legal advisor for Demetra Holdings Plc (CSE:DEM).
Eurobank S.A. completed the acquisition of additional 21.33% stake in Hellenic Bank Public Company Limited (CSE:HB) from Demetra Holdings Plc (CSE:DEM) on February 10, 2025. The transaction has received regulatory approvals. Announcement • Jan 17
Logicom Services Holdings Limited completed the acquisition of an additional 8.58% stake in Demetra Holdings Plc (CSE:DEM) from Eurobank S.A. Logicom Services Holdings Limited entered into a purchase and sale agreement to acquire an additional 8.58% stake in Demetra Holdings Plc (CSE:DEM) from Eurobank S.A. for €26.6 million on November 25, 2024. A cash consideration valued at €1.55 per share will be paid by Logicom Services Holdings Limited. Upon completion of the Agreement, the Buyer's shareholding in Demetra will rise to 38.496%. Thereafter, the Buyer intends to make a public bid to the remaining shareholders of Demetra The Agreement is subject to regulatory approvals and will be completed after their fulfillment. The approvals must be obtained by April 30, 2025.
Logicom Services Holdings Limited completed the acquisition of an additional 8.58% stake in Demetra Holdings Plc (CSE:DEM) from Eurobank S.A. on January 16, 2025. Reported Earnings • Dec 18
Third quarter 2024 earnings released: EPS: €0.016 (vs €0.11 in 3Q 2023) Third quarter 2024 results: EPS: €0.016 (down from €0.11 in 3Q 2023). Net income: €3.32m (down 85% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth. New Risk • Dec 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Cypriot stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 6.3% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Announcement • Nov 26
Eurobank S.A. entered into a purchase and sale agreement to acquire additional 21.33% stake in Hellenic Bank Public Company Limited (CSE:HB) from Demetra Holdings Plc (CSE:DEM) for approximately €430 million. Eurobank S.A. entered into a purchase and sale agreement to acquire additional 21.33% stake in Hellenic Bank Public Company Limited (CSE:HB) from Demetra Holdings Plc (CSE:DEM) for approximately €430 million on November 25, 2024. A cash consideration valued at €4.843 per share will be paid by Eurobank S.A. In related transaction, Eurobank S.A. entered into a purchase and sale agreement to acquire additional 3.326% stake in Hellenic Bank from Logicom for a consideration of €66 million. Eurobank currently holds 55.962% in the Bank and will increase its holding to 93.47% after the completion of the Transaction and the ETYK Transactions. Until completion, the Sellers shall have the full legal and beneficial ownership of the shares agreed to be sold, together with all rights attached thereto. As announced by Eurobank, in accordance with the provisions of the Takeover Bids Law of 2007 (“Law”), Eurobank will proceed, following the completion of the Transaction, to a tender offer for all the outstanding shares of the Bank that it will not already hold at the time at the same price i.e., €4.843 per share. Given that upon completion of the tender offer, Eurobank will own more than 90% of the issued share capital and voting rights of the Bank, it will exercise the squeeze-out right and take all necessary steps for the delisting of the Bank’s shares from the Cyprus Stock Exchange.
The Agreement is subject to regulatory approvals, which must be obtained by 30 April 2025, and will be completed thereafter. The Agreement is also subject to the approval of the General Meeting of the Demetra's shareholders, will be completed after their fulfilment and in any case not earlier than 8 February 2025, which is six months after the completion of Eurobank’s last mandatory tender offer. New Risk • Nov 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Cypriot stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 6.3% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Board Change • Oct 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Non-Independent Director Varnavas Irinarchos was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €1.54, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 10x in the Capital Markets industry in Cyprus. Total returns to shareholders of 285% over the past three years. Reported Earnings • Sep 06
Second quarter 2024 earnings released: EPS: €0.095 (vs €0.11 in 2Q 2023) Second quarter 2024 results: EPS: €0.095 (down from €0.11 in 2Q 2023). Net income: €19.0m (down 10% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €1.15, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 7x in the Capital Markets industry in Cyprus. Total returns to shareholders of 195% over the past three years. Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: €0.43 (vs €0.043 in FY 2022) Full year 2023 results: EPS: €0.43 (up from €0.043 in FY 2022). Revenue: €11.1m (up 147% from FY 2022). Net income: €86.2m (up €77.6m from FY 2022). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. New Risk • Mar 05
New major risk - Revenue and earnings growth Earnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 05
Full year 2023 earnings released: EPS: €0.43 (vs €0.046 in FY 2022) Full year 2023 results: EPS: €0.43 (up from €0.046 in FY 2022). Revenue: €12.0m (up 166% from FY 2022). Net income: €87.1m (up €78.0m from FY 2022). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 26
Third quarter 2023 earnings released: EPS: €0.11 (vs €0.021 in 3Q 2022) Third quarter 2023 results: EPS: €0.11 (up from €0.021 in 3Q 2022). Revenue: €5.25m (up €5.14m from 3Q 2022). Net income: €21.8m (up 415% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Reported Earnings • Sep 03
Second quarter 2023 earnings released: EPS: €0.11 (vs €0.042 in 2Q 2022) Second quarter 2023 results: EPS: €0.11 (up from €0.042 in 2Q 2022). Net income: €21.2m (up 150% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 10
Full year 2022 earnings released: EPS: €0.046 (vs €0.027 in FY 2021) Full year 2022 results: EPS: €0.046 (up from €0.027 in FY 2021). Net income: €9.11m (up 71% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 06
Third quarter 2022 earnings released: EPS: €0.021 (vs €0.001 in 3Q 2021) Third quarter 2022 results: EPS: €0.021 (up from €0.001 in 3Q 2021). Net income: €4.23m (up €4.03m from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • Nov 26
Demetra Holdings plc Announces Executive Changes Demetra Holdings Plc announced that the Board of Directors, at its meeting on 25 November 2022, decided to appoint Dr. Nearchos Ioannou as the Company's Secretary in replacement for Mr. Thanasis Liasides as from 25 November 2022. Announcement • Nov 19
Demetra Holdings Plc to Report Q3, 2022 Results on Nov 30, 2022 Demetra Holdings Plc announced that they will report Q3, 2022 results on Nov 30, 2022 Reported Earnings • Sep 22
Second quarter 2022 earnings released: EPS: €0.042 (vs €0.022 in 2Q 2021) Second quarter 2022 results: EPS: €0.042 (up from €0.022 in 2Q 2021). Net income: €8.49m (up 96% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Sep 02
Demetra Holdings Plc to Report First Half, 2022 Results on Sep 13, 2022 Demetra Holdings Plc announced that they will report first half, 2022 results on Sep 13, 2022 Announcement • Jul 02
Demetra Holdings plc Provides Financial Guidance for the First Half of 2022 Demetra Holdings Plc announced that, based on the indications to date, without having at its disposal the results of Hellenic Bank Public Company Ltd. ("?ellenic Bank") for the second quarter of 2022, the Group is expected to register a profit in the first half of 2022, which will be approximately at the same level as that of the corresponding period of 2021. The profit is mainly due to the inclusion in the results of the Group of the share in profit for the first quarter of 2022, attributable to the Group from its shareholding in Hellenic Bank as well as to the Group's investments in securities listed on the Cyprus Stock Exchange. Reported Earnings • Jun 15
First quarter 2022 earnings released: EPS: €3.66 (vs €0.014 in 1Q 2021) First quarter 2022 results: EPS: €3.66 (up from €0.014 in 1Q 2021). Revenue: €2.36m (up 444% from 1Q 2021). Net income: €7.33m (up 171% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Jun 07
Demetra Holdings plc Appoints Nearchos Ioannou as Compliance Officer Under the Corporate Governance Code Demetra Holdings Plc announced that the Company appointed Dr. Nearchos Ioannou as Compliance Officer under the Corporate Governance Code. Dr. Nearchos Ioannou has been member of the Company's Board of Directors since 2009. He studied at the Free University of West Berlin from where he obtained in 1984 a degree in Political Economy while from 1983 until 1984 he was a lecturer at the Institute of Sociology of the same university. Announcement • Jun 02
Demetra Holdings Plc to Report Q1, 2022 Results on Jun 14, 2022 Demetra Holdings Plc announced that they will report Q1, 2022 results on Jun 14, 2022 Announcement • May 14
Demetra Holdings Plc, Annual General Meeting, Jun 28, 2022 Demetra Holdings Plc, Annual General Meeting, Jun 28, 2022, at 11:00 E. Europe Standard Time. Announcement • Apr 12
Demetra Holdings Plc to Report Fiscal Year 2021 Results on Apr 21, 2022 Demetra Holdings Plc announced that they will report fiscal year 2021 results on Apr 21, 2022 Announcement • Jan 02
Demetra Holdings Plc Provides Group Earnings Guidance for the Year Ended 31 December 2021 Demetra Holdings Plc announced that, based on the indications to date and without having available the results of Hellenic Bank Public Company Ltd. ("Hellenic Bank") for the fourth quarter of 2021, the Group is expected to register a profit for the year ended 31 December 2021, which will be increased compared to 2020. Reported Earnings • Dec 03
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: €0.001 (down from €0.025 in 3Q 2020). Net income: €205.1k (down 96% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 29
Second quarter 2021 earnings released Second quarter 2021 results: Net income: €4.34m (down 13% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jul 03
Demetra Holdings plc Provide Earnings Guidance for the First Half of 2021 Demetra Holdings Plc provide earnings guidance for the first half of 2021. The Group is expected to register a profit in the first half of 2021, which will be increased compared to the profit of the corresponding period of 2020. Reported Earnings • Jun 11
First quarter 2021 earnings released: EPS €0.014 (vs €0.018 loss in 1Q 2020) First quarter 2021 results: Net income: €2.70m (up €6.27m from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 15
Full year 2020 earnings released: EPS €0.046 (vs €0.67 in FY 2019) Full year 2020 results: Net income: €9.15m (down 93% from FY 2019). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Apr 04
Demetra Holdings plc Provides Earnings Guidance for the First Quarter of 2021 Demetra Holdings Plc announced that based on the indications to date and without having at its disposal the results of the company for the first quarter of 2021, the Group is expected to register a marginal profit for the first quarter of 2021 compared to the loss for the corresponding period of 2020. Announcement • Jan 06
Demetra Holdings Plc Announces Appointment of Thanasis Liasides as Secretary The board of directors of DEMETRA HOLDINGS PLC decided to appoint Mr. Thanasis Liasides as the company's secretary in replacement of ADAMINCO SECRETARIAL LIMITED (HE 54300) as of 05 January 2021. Is New 90 Day High Low • Dec 30
New 90-day high: €0.44 The company is up 24% from its price of €0.35 on 30 September 2020. The Cypriot market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 15% over the same period. Reported Earnings • Dec 04
Third quarter 2020 earnings released: EPS €0.025 Third quarter 2020 results: Net income: €4.95m (up €9.87m from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 25
New 90-day high: €0.38 The company is up 2.0% from its price of €0.37 on 27 August 2020. The Cypriot market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Capital Markets industry, which is down 2.0% over the same period. Announcement • Nov 18
Demetra Holdings Plc to Report Nine Months, 2020 Results on Dec 01, 2020 Demetra Holdings Plc announced that they will report nine months, 2020 results on Dec 01, 2020 Is New 90 Day High Low • Oct 26
New 90-day low: €0.32 The company is down 15% from its price of €0.38 on 28 July 2020. The Cypriot market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 1.0% over the same period. Is New 90 Day High Low • Oct 02
New 90-day low: €0.35 The company is down 8.0% from its price of €0.38 on 03 July 2020. The Cypriot market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Capital Markets industry, which is down 9.0% over the same period. Reported Earnings • Sep 29
First half earnings released Over the last 12 months the company has reported total profits of €124.1m, with earnings increasing by €111.4m from the prior year. Announcement • Sep 29
Demetra Holdings plc Announces Appointment of Adamos Hadjiantoniou as Corporate Governance Code Compliance Officer Demetra Holdings Plc appointed Mr. Adamos Hadjiantoniou as Corporate Governance Code Compliance Officer. In 2014, he started work at Deloitte in Cyprus as consultant and then as assistant manager of the Department of Financial Advisory Services. In February 2019, he became head of the Review and Analysis of the Real Estate Unit at Alpha Bank Cyprus while from September 2019 he started work as Financial Analyst of Strategy, Planning and Development at Logicom Public Ltd. Since September 2020, he works in the company as Chief Operating Officer. 
