6.45
-3.73%
Close of 9 Nov 2026, in EUR
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About Elve
Its shares trade on Athens under the ticker ELBE.AT. It has been listed since 10 July 1995. In the fiscal year to 31 December 2025, it reported revenue of €15.7m and net income of €3.0m. At that date it held total assets of €23.5m and shareholders' equity of €20.8m.
Elve SA manufactures and designs clothes. The Company’s product range mainly consists of women's clothing and includes the brands Arte Maxima, MyWay, OKS and Carisma. Its clothing range is sold through both Company-owned stores and through franchise stores. The Company’s subsidiaries are: Lito SA that specializes in baby wear; Harmony Cruises, which specializes in the travel industry, and Elve Bulgaria, which is also active in the clothing sector. The firm has an international sales network that includes England, France, Canada, Italy, Ireland, Ukraine, Russia, and Cyprus. In October 2013, the Company merged by absorption of its wholly owned subsidiary, ECOJOULE SOLAR SA. The firm wholly owns Company Accumulation Solar Energy SA, which features photovoltaic power stations.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Textiles, Apparel & Luxury Goods
- Listed since
- 10 Jul 1995
- Website
- elvesa.gr ↗
Leadership
Pay as last reported
- Tilemachos KitsikopoulosChairman of the Board, Managing Director
- Ronald BarkshireExecutive Vice Chairman of the Board, since 1985
- Panagiotis KogkalidisChief Financial Officer
- Paschalis KitsikopoulosNon-Executive Director, since 2009
- Alkiviadis PapadimitriouNon-Executive Independent Director
- Atanasia PapagakiNon-Executive Independent Director
- Eleni SamaraNon-Executive Independent Director
- Angelos TsatsoulisNon-Executive Independent Director
- Athanasios KosmidisIR Contact
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Elve SA's product range includes women's clothing brands Arte Maxima, MyWay, and OKS.
- The Company operates through both owned and franchise stores across multiple countries.
- Elve Bulgaria and Lito SA expand the firm's presence in the clothing sector.
Weaknesses
- Harmony Cruises focuses on the travel industry, not clothing, creating a diversification risk.
- The firm's international sales network includes Russia and Ukraine, which face geopolitical risks.
- ECOJOULE SOLAR SA was absorbed in 2013, indicating potential strategic shifts.
Opportunities
- Expansion into new markets like Canada and Ireland through existing international sales network.
- Growth in the luxury goods segment with brands like Carisma and Arte Maxima.
- Photovoltaic power stations under Accumulation Solar Energy SA offer renewable energy opportunities.
Threats
- Geopolitical tensions in Russia and Ukraine may disrupt international sales.
- The travel industry focus of Harmony Cruises could divert resources from core clothing business.
- Absorption of ECOJOULE SOLAR SA might indicate instability in non-core operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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