Corporates
Grivalia Properties 9-month net profits continue to slump
Grivalia Properties’ financial report for the 9-month period ending September 30 shows that net profits came in at 19.0 million euros, a drop of 62 percent compared to the same period in 2015 (47.9 million euros).
Aegean’s net profit up in Q3, down in 9-month
Aegean Airlines has announced its third-quarter (Q3) and 9-month trading update, which showed that revenue for Q3 2016 rose 7 percent from 388.6 million euros in Q5 2015 to 416.3 million euros. On a 9-month basis, revenues rose 3 percent from 792.2 million euros to 819.9 million euros.
Hellenic Petroleum’s Q3 EBITDA grows 74 pct
Greece’s largest oil refiner, Hellenic Petroleum, has released its results which show strong performance for both Q3 and the 9-month period of 2016.
OTE enjoys best quarterly growth in a decade during Q3
The Hellenic Telecommunications Organization’s (OTE Group) Q3 results revealed that group revenues rose by 2.7 percent, representing the group’s best quarterly growth in a decade (997.9 million euros in Q3 2016 versus 971.3 million euros in Q3 2015).
US market drives Titan Group’s Q3 results
Titan Group’s Q3 2016 results showed strong growth driven by the US market and the improvement of results in Egypt. Turnover for the period came to 400.4 million euros, an increase of 12.1 percent compared to the figure of 356.7 million euros in Q3 2015.
Coca Cola Q3 results continue downward trend
Coca-Cola HBC AG’s Q3 trading update shows that the company’s activities developed as expected during the quarter, following FX-impacted trends recorded in H1.
Jumbo ends fiscal year with 15.7 pct profit increase
Greek retailer Jumbo has posted its results for the financial year of 2015/2016, showing that group sales increased year on year by 9.4 percent, continuing its strong track record of being one of the few recession-beating companies in Greece.
EYDAP increases gross profits by 8.5 percent in H1
The Athens Water Supply and Sewerage Company (EYDAP) has delivered an improved set of H1 results.
PPC’s turnover falls 8.5 pct in H1
Greece’s largest power company, the majority state-owned Public Power Corporation (PPC), has released its H1 financial statement showing that group turnover decreased by 248.8 million euros (8.5 percent) to 2.7 billion in H1 2016 compared to 2.9 billion euros in H1 2015.
Piraeus Port Authority gross profits up, revenues down in H1 2016
Piraeus Port Authority (PPA) H1 2016 results show that despite a total of 28 days of striking between May and June 2016, the company was able to more or less preserve its performance.