-
Corporates had tough first quarter as pandemic dragged on
-
Corporations kick off Q1 earnings season with improved profits
-
Terna Energy net profit increases by 39.3 pct in 2020
-
GEK Terna posts net profit of 12.5 million in 2020
-
PPC returns to profitability in 2020, posting net income of 35.2 mln
-
Lamda Development reports net loss of 51.7 mln in 2020
Investment gains drive Viohalco profit jump despite revenue dip
Revenue for the year came to 3.85 billion euros, down from 4.2 billion euros in 2019, mainly due to the drop of the metal prices, as well as the slowdown of sales due to the pandemic. EBITDA, including the effect of metal prices, increased 4.7 percent to 286 million euros.
Aside from the increase in commercial values of investment properties, which led to the reverse of previous recognized impairment losses, the company’s results were also driven by a strong performance in the copper segment, with the pandemic having only...
You need a subscription to access our analysis. Please choose one of the packages available.
Full Access
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.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
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.
€500.00