Corporates
PPC and Motor Oil Hellas report losses for Q1
Greece’s largest power company, the majority state-owned Public Power Corporation (PPC), revealed that revenue rose by 7.1 percent during the first quarter (Q1) of 2020.
GEK Terna posts net profits of 55.7 million in 2019
Greek construction and energy group GEK Terna has released its financial statements for the year 2019 which showed that group revenue came to 1.16 billion, a decrease of 17.5 percent compared to the previous year.
Fourlis Group reports lower Q1 revenue, Hellenic Exchanges see higher trading
Fourlis Group has reported an decrease in sales of 12.6 percent in their first quarter (Q1) results for 2020.
EYDAP reports net profit increase of 21 pct for 2019
The Athens Water Supply and Sewerage Company (EYDAP) has released its full year financial results for 2019, showing that turnover increased by 0.4 percent for the year in question, coming in at 323.7 million euros versus 322.4 million euros in 2018.
Piraeus Port Authority net profits rise by 27 pct in 2019
The Piraeus Port Authority (PPA) has released its annual financial statement for 2019, which revealed that turnover rose by 12.3 percent year-on-year.
Greek corporate heavyweights report Q1 results with an eye on Covid-19
The Hellenic Telecommunications Organization S.A (OTE Group) has reported that revenues in the first quarter (Q1) of the year rose by 3.6 percent year-on-year (YoY).
ADMIE Holdings profits rises to 53.7 mln, affiliate profits grow to 105.9 mln in 2019
ADMIE Holding SA’s 2018 financial results have shown that total income from its affiliate the Independent Power Transmission Operator (IPTO SA) rose by 28.4 percent to 53.9 million. Net profits came to 53.7 million euros in 2019 compared to 41.9 million euros in 2018.
Corporates begin Q1 cycle with strong results but caution over COVID19 impact
Several Greek corporates released first quarter (Q1) trading updates during the week, showing steady performance so far but urging caution over the coming period due to the coronavirus pandemic.
Ellaktor makes loss of 131.4 mln in 2019 after drop in construction sector revenues
The Ellaktor Group of Companies’ financial results for 2019 showed that revenues for the financial year came to 1.27 billion euros compared to 1.86 billion euros for the same time last year, dropping by 31.4 percent.
Jumbo sees net profits rise 14.9 pct in 2019, but warns of difficult year ahead
Greek retailer Jumbo posted its financial results for the operating year of 2019, showing that turnover increased by 7.5 percent.