
MIG Group's revenue reached €8.7 million in 2024, up from €7.9 million in 2023, representing a growth of 11.1%.
EBITDA from continuing operations amounted to a profit of €1.3 million compared to a profit of €168,000 in 2023. Revenue from portfolio management increased significantly to €1.292 million from €874,000 in 2023, marking an impressive rise of 47.8%. The return on the Company’s equity portfolio for 2024 was 18.4%, while the bond portfolio yielded a return of 15.2%.
Total equity stood at €128.5 million, compared to €121.9 million in 2023. Book value per share was €4.10, up from €3.89 in 2023.
Subsidiary RKB reported its best annual results since 2009 in terms of sales and EBITDA, with an 8.8% revenue increase, a 15.9% rise in EBITDA, and an improvement in gross profit margin by 1.6 percentage points.
Consolidated net profits amounted to €6.4 million, compared to profits of €103.3 million in 2023. The 2024 results include profits of €5.8 million from the restructuring of RKB's bank debt, while the 2023 results included €105.9 million from the disposal of direct and indirect interests in ATTICA GROUP and the repayment of MIG's bank debt.