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EconomyBanking
Banks remain largely profitable in Q2, with focus on NPL reductions Greece’s four systemic banks completed the second quarter of the year with relatively stable performance results amid the pandemic.
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EconomyCorporates
H1 results for Greek corporates show signs of pandemic biting Greece’s largest power company, the majority state-owned Public Power Corporation’s (PPC) first half (H1) results for 2020 revealed that revenue fell by 2.4 percent during the quarter.
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EconomyBanking
Eurobank net results show profit of 176 mln in H1 Eurobank recorded net results of an adjusted profit of 176 million euros in the first half (H1) of 2020 compared to net profits of 96.7 million in H1 2019.
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EconomyCorporates
Hellenic Petroleum, OTE, report impacted results due to lockdown Greece’s largest oil refinery, Hellenic Petroleum, issued financial results for the first half (H1) of the year that show the group’s sales fell by 33 percent during the period in question.
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EconomyBanking
Alpha Bank posts net profits of 98 mln in Q2 Alpha Bank reported net profits of 98 million euros for the second quarter (Q2) of 2020 compared to a net loss of 11 million euros in Q1 2020.
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EconomyBanking
NBG results show net profits of 465 mln euros on strong income National Bank of Greece (NBG) reported a strong net profit of 465 million euros from continued operations in the fιrst half (H1) of 2020, compared to 245 million euros in H1 2019.
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EconomyCorporates
Corporates reflect impact of coronavirus in H1 results Coca-Cola HBC’s results for the first half of 2020 showed that net sales revenue fell by 15.5 percent year-on-year.
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EconomyBanking
Piraeus Bank posts pre-tax losses of 215 mln in H1 Piraeus Bank’s first half (H1) results revealed pre-tax losses of 215 million euros compared to pre-tax profits of 57 million euros in the relevant period in 2019.
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EconomyMacroeconomy
Aegean and OPAP revenues suffer while Titan Cement preliminary notice shows resilience Aegean Airlines’ first quarter (Q1) results for 2020 showed that revenues fell by 15 percent compared to the same time last year.
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EconomyCorporates
PPC and Motor Oil Hellas report losses for Q1 Greece’s largest power company, the majority state-owned Public Power Corporation (PPC), revealed that revenue rose by 7.1 percent during the first quarter (Q1) of 2020.