Corporates
OTE's revenue fall by 1.3 pct in 2020; Greek market rebounds in 4Q
The Hellenic Telecommunications Organization S.A (OTE Group) has reported that revenue in 2020 fell by 1.3 percent year-on-year (YoY).
Hellenic Petroleum sees delays in DEPA privatisation due to Covid
Greece’s largest oil refiner, Hellenic Petroleum, said it expects more Covid-induced delays in the privatisation of the country’s gas utility, DEPA, with binding bids for the state-asset sale due this month.
Piraeus Port Authority net profit shrinks 25 pct in 2020
Piraeus Port Authority’s full-year net income shrank by a quarter in 2020 to 26.4 million euros from 35.4 million euros a year earlier.
Coca-Cola HBC sales revenue falls by 12.7 pct in 2020
Coca-Cola HBC’s full year results for 2020 showed that net profit dropped 14.9 percent last year to 414.9 million euros.
Mytilineos Group’s turnover drops by 16 pct in 2020
The industrial conglomerate Mytilineos Group’s full year 2020 financial report has highlighted that turnover dropped to 1.9 billion euros from 2.26 billion euros in 2019, a fall of 16 percent year-on-year (YoY).
Pandemic continues to bite into 9M profitability
Aegean Airlines’ nine-month (9M) results for 2020 showed that revenues fell by 67 percent compared to the same time last year.
OTE and Coca Cola 9M results show continued pandemic fallout
The Hellenic Telecommunications Organization S.A (OTE Group) has reported that revenues in the nine month period (9M) of the year fell by 0.1 percent year-on-year (YoY).
Hellenic Petroleum and Mytilineos show muted performance in 9M
Greece’s largest oil refinery, Hellenic Petroleum’s financial results for the nine-month period (9M) of the year show that the group’s sales fell by 34 percent.
Aegean Airlines reports losses in H1 while PPA, GEK Terna see reduced profitability
Aegean Airlines’ first half (H1) results for 2020 showed that revenues fell by 64 percent compared to the same time last year.
Lamda, Viohalco and EYDAP report H1 results impact from Covid-19
Property developer Lamda Development’s half year (H1) results for 2020 showed that EBITDA dropped by 39.1 percent across the group’s three main shopping centres.