GEK Terna H1 sales up 29.4 pct

EconomyCorporates Tags: Construction, Corporates, Results
Photo via www.gekterna.com
Photo via www.gekterna.com

Greek construction and energy group GEK Terna has released its financial statements for the first half of 2016, which show that the group’s consolidated sales came to 580 million euros compared to 448.6 million euros, an increase of 29.4 percent.

The group’s EBITDA, adjusted for non-cash results, came to 122.7 million euros compared to 53.8 million euros in the first half of 2015, an increase of 128.7 percent. Profit before taxes corresponded to 44.6 million euros compared to 1.6 million euros i...

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