Hellenic Petroleum adjusted net income improves by 17 pct to 108 mln in H1
Greece’s largest oil refiner, Hellenic Petroleum, has posted strong results both for Q2 and H1 2016.
Rescue plan for Marinopoulos set for approval by banks
The Board of Directors (BoD) of two Greek core banks, Alpha and Eurobank, have reportedly approved the restructuring plan of Marinopoulos, Greece’s largest supermarket, which had been submitted by the strategic investor, Sklavenitis, one of the biggest Greek supermarket chains.
Coca Cola posts strong FX neutral H1 results
Coca-Cola HBC AG has announced its H1 2016 results, which show that FX neutral net sales revenue increased by 2.4 percent. Accounting for currency movements, a 3.4 percent decline in net sales revenue was registered.
OTE sees increase in Greek fixed income revenue, driving EBITDA up by 10 pct in H1
The Hellenic Telecommunications Organization S.A (OTE Group) has released its H1 2016 results, showing a slight drop in revenues for the first six months of 2016 compared to the same period last year.
Majority stake in Piraeus Port transferred to COSCO, further investment lined up
The first and most crucial stage of the Piraeus Port (OLP) privatisation was completed on Wednesday with the transfer of a 51 percent share stake from the Hellenic Republic Asset Development Fund (HRADF) to COSCO.
Metka profits decline in H1 2016
Engineering group Metka which specialises in large-scale projects in energy, infrastructure and defence sectors has posted its H1 2016 results.
Mytilineos Group H1 2016 turnover steady, profits down
The industrial conglomerate Mytilineos Group has released its H1 2016 financial report showing that the group managed to maintain steady growth in the face of a challenging domestic and international business environment, but did register some marginal losses compared to the same period last year.
Grivalia Properties' H1 2016 net profits down 76 percent
Grivalia Properties’ H1 2016 results show that the group ended the first half of the year with revenue at 30.3 million euros versus 27.6 million euros for the same period last year, an increase of 10 percent.
Titan Group: Turnover up, profits down for H1 2016
Titan Group’s H1 2016 results showed the company’s overall results had improved off the back of strong performance in their US operations as well as improved results generated in Egypt.
Marinopoulos granted temporary protection from creditors, Jetoil runs into problems
A court in Athens accepted on Friday evening a request by Marinopoulos, Greece’s largest supermarket chain, for protection from its creditors.