Strong H1 construction boosts GEK Terna 9-month results

EconomyCorporates Tags: Construction, Corporates, Results
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Greek construction and energy group GEK Terna has released its financial statements for the 9-months of 2016 which show that the group’s consolidated sales came to 840 million euros compared to 666.7 million euros, an increase of 26 percent.

The group’s EBITDA, adjusted for non-cash items, came to 166.1 million euros, up 80.3 percent compared to the figure of 92.1 million euros for the relevant period in 2015. Net income came to 34.6 million euros, an increase on the 2015 figure which repor...

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