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Strong H1 construction boosts GEK Terna 9-month results 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.
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EconomyCorporates
Stagnant construction sector dampens Ellaktor Group’s results The Ellaktor Group of companies has released its 9-month 2016 results, showing that consolidated revenues came to 1.28 billion euros, an increase of 17.1 percent compared to 1.07 billion euros reported for the 9-month 2015 period.
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EconomyCorporates
Folli Follie 9-month results show revenues up 9.2 pct Greek jewellery and fashion accessory designer and retailer Folli Follie’s 9-month 2016 results show that the group’s consolidated revenues reached 956.2 million euros, an increase of 9.2 percent on the 875.5 million euros from the corresponding period in 2015.
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EconomyCorporates
HELEX 9-month results show exchange continues to suffer Hellenic Exchanges-Athens Stock Exchange Group’s 9-month financial statement shows that net after tax profits group amounted to 1.9 million euros versus 5.6 million euros in the nine months of 2015, a reduction of 65 percent.
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EconomyCorporates
Lamda Development shopping centres drive growth for 9M 2016 Property developer Lamda Development’s nine-month financial results show that despite the adverse economic environment this year, EBITDA the group’s three shopping centres posted an increase of 6.7 percent compared to the same time last year, reaching 32.0 million euros.
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EconomyCorporates
MIG records a decline in sales for 9M 2016 Marfin Investment Group (MIG) has released its 9-month 2016 results, showing that sales amounted to 848.4 million euros, registering a 3 percent decline versus the same period last year.
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EconomyCorporates
Motor Oil Hellas profits rebound in Q3 Motor Oil Hellas’ Q3 results show that the group’s gross profits came to 187.1 million euros versus 134.9 million euros in Q3 2015, an increase of 37 percent. The results mark a strong turnaround for the group compared to their H1 2016 results, which reported a fall in gross profit of 11.1 percent.
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EconomyCorporates
High tax continues to dampen OPAP’s performance The Greek Organisation of Football Prognostics (OPAP), Greece’s leading game operator and Europe’s largest betting firm, has released its Q3 financial statement showing that gross gaming revenue rose by 6.1 percent to 319.2 million euros.
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EconomyCorporates
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).
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EconomyCorporates
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.