Giorgos Korres, who owns 43.95 percent of the companys shares, does not appear at all inclined to give up any more of the business he started 20 years ago. With a presence in 30 countries, double-digit growth and a gross profit margin close to 65 percent, the Greek firm that produces and distributes natural cosmetics is regarded as holding great promise worldwide.
The phones at Korres SAs headquarters in the northern Athens suburb of Metamorphosi often ring with requests from foreign hedge funds seeking an appointment. Some of those funds are looking into the possibility of a direct investment.
With a presence in 30 countries, growth in the double digits and a gross profit margin close to 65 percent, the Greek f…
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