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EconomyCorporates
Greek corporate heavyweights report Q1 results with an eye on Covid-19 The Hellenic Telecommunications Organization S.A (OTE Group) has reported that revenues in the first quarter (Q1) of the year rose by 3.6 percent year-on-year (YoY).
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EconomyCorporates
ADMIE Holdings profits rises to 53.7 mln, affiliate profits grow to 105.9 mln in 2019 ADMIE Holding SA’s 2018 financial results have shown that total income from its affiliate the Independent Power Transmission Operator (IPTO SA) rose by 28.4 percent to 53.9 million. Net profits came to 53.7 million euros in 2019 compared to 41.9 million euros in 2018.
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EconomyCorporates
Corporates begin Q1 cycle with strong results but caution over COVID19 impact Several Greek corporates released first quarter (Q1) trading updates during the week, showing steady performance so far but urging caution over the coming period due to the coronavirus pandemic.
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EconomyCorporates
Ellaktor makes loss of 131.4 mln in 2019 after drop in construction sector revenues The Ellaktor Group of Companies’ financial results for 2019 showed that revenues for the financial year came to 1.27 billion euros compared to 1.86 billion euros for the same time last year, dropping by 31.4 percent.
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EconomyCorporates
Jumbo sees net profits rise 14.9 pct in 2019, but warns of difficult year ahead Greek retailer Jumbo posted its financial results for the operating year of 2019, showing that turnover increased by 7.5 percent.
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EconomyCorporates
PPC net results reflect loss of 1.69 billion in 2019 Greece’s largest power company, the majority state-owned Public Power Corporation’s (PPC) full year results for 2019 revealed that revenue rose by 4 percent during the year.
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EconomyCorporates
Lamda Development reports net profits of 49.9 mln in 2019 Property developer Lamda Development’s full year results for 2019 show a net profit of 49.9 million euros, improving from net profits of 42.3 million in 2018.
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EconomyCorporates
Terna Energy net profits increase by 14.9 pct 2019 Renewable energy company Terna Energy’s full year results for 2019 revealed that sales rose by 2.4 percent year-on-year (YoY) and came to 299.1 million.
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EconomyCorporates
OPAP full year results for 2019 show net profit rise of 41.2 pct The full year financial results of the Greek Organisation of Football Prognostics (OPAP), Greece’s leading game operator and Europe’s fourth-biggest betting firm show that gross gaming revenues grew by 4.7 percent in 2019 compared to 2018.
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EconomyBanking
NBG results show net profits of 18 mln in Q4 and 484 mln in 2019 National Bank of Greece (NBG) reported a net profit of 18 million euros from continued operations in the fourth quarter (Q4) of 2019, compared to 210 million euros in Q3.