PPC reports turnover decline of 6.5 pct in Q1 on lower sales
GEK Terna revenues grow 32.6 pct in Q1, net profits dip sharply
Investors wait as Folli Follie Group takes stock amid intense scrutiny
ADMIE Holdings posts income of 15.8 mln, affiliate's profits at 31.2 mln in Q1
Sarantis Group sales rise by 6.2 pct in Q1
Hellenic Petroleum net profits down by 40 pct in Q1
PPC drafts five-year strategic business plan aimed at halting slide
PPC has been struggling for several years now and was one of the main focuses of Greece’s lenders when it came to restructuring the country’s economy. PPC’s latest annual report showed that net profits had fallen by 47.9 percent in 2017, coming to 88.7 million euros against last year’s figure of 170.2 million.
Between 2009 to 2015, EBIT fell by over 85 percent, going from 1.35 billion to 194.6 million, while EBITDA fell by 48.2 percent to 1 billion versus 1.96 billion. In 2017, EBITDA was reported at 606 million euros, with EBIT landing at a loss of 115.1 mil...
If you are already registered, please sign in.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.€450.00
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.