Corporates
Lamda Development reports loss of 22.1 mln in 2015
Property developer Lamda Development has posted a 2015 net loss of 22.1 million euros, down from 2014’s net loss of 23.5 million.
OPAP increases profits by 8.1 pct in 2015
The Greek Organisation of Football Prognostics (OPAP), Europe’s largest betting firm, posted a year on year net profit increase of 8.1 percent for 2015 compared to 2014.
Bad debt provisions impact on PPC’s 2015 results
Greece’s largest power company, the majority state-owned Public Power Corporation (PPC), released its annual financial report on Tuesday, which showed that the company ended the year with losses.
Tourism growth provides lift to Aegean’s 2015 results
Greece’s bumper tourism year in 2015 appears to have given a boost to Greece’s largest airline, Aegean, which reported an 8 percent increase in consolidated revenue in 2015 compared to 2014 in its annual financial results for 2015.
Sub-Saharan growth drives Metka Group’s 2015 results
Engineering group Metka, which specialises in large-scale projects in energy, infrastructure and defence sectors has posted strong growth for the year 2015 according to its annual financial report.
Mytilineos Group posts steady 2015 growth across sectors
The industrial conglomerate Mytilineos Group has released its 2015 annual financial results which show that the group maintained a steady rate of growth and continued to consolidate its position in all three of its business activity areas, namely the EPC projects sector, metallurgy and mining and energy through its various subsidiary companies.
Terna Energy posts significant profit increase for 2015
The renewable energy company Terna Energy has released its financial results for 2015, showing a 25.5 percent increase in consolidated sales compared to the previous year.
Motor Oil Hellas profits soar 164 pct in 2015
Motor Oil Hellas has released its financial results for the year 2015, showing that turnover fell by 21.9 percent but gross profit before depreciation increasing by 163.6 percent compared to the previous year.
US leads Titan growth for 2015, Greece stagnant
The Titan Cement Group recorded a significantly increased turnover in 2015, with earnings reaching a 20.7 percent increase compared to 2014.
Hellenic Petroleum rebounds from 2014 losses
Hellenic Petroleum’s 2015 financial statement released on February 25 shows that the group’s net income came in at 45.1 million after posting a negative balance 368 million in 2014.