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Targets 7.5% EBITDA by 2026 | TheGreekDeal.com
Intrakat
Targets 7.5% EBITDA by 2026
As stated at the most recent Annual General Meeting, Alexandros Exarchou, the CEO and Chairman of the Board of Intrakat, stated that the management of the company is concentrated on increasing the group's financial performance in 2026, with an EBITDA of 7.5% for the the following five years.
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Alexandros Εxarchou, CEO Intrakat

The management of Intrakat Group is focusing on multiplying the financial performance of the group in 2026, with an EBITDA of 7.5% for the next five years, as the Chairman of the Board and CEO of Intrakat, Alexandros Exarchou, said at the recent Annual General Meeting.

In particular, by 2026, the group's performance target is to reach: turnover of €2.5 billion; consolidated gross profit of 10% consolidated EBTIDA of 7.5%

This is a project that he said is not easy, but he believes that by then it will have strengthened its construction capacity with acquisitions involving complementary, smaller companies. These will provide access to staff and equipment and will contribute to the backlog, and he explained that the acquisitions will be limited.

THREE-YEAR BACKLOG

In addition, the group is focused on consistently maintaining a backlog of €5–€7 billion for the next five years to boost profitability from construction and allow time for the development of renewable energy and PPP-concession businesses, "so that the group can take action and be secured for the difficult times.".

THE 40%-30%-30% STRATEGY 

The group's strategy is focused on diversifying its portfolio, with an emphasis on the development of construction, PPP concessions, and renewable energy sources (RES), with the company seeking balanced growth in its activities. Specifically, based in Greece and Romania, it aims in the coming years to have a project portfolio mix (construction 40%, RES 30%, and PPP 30%, respectively). He explained that in November he will be in a position to make further announcements on the group's new strategy as well.

ROMANIA

Particular emphasis will also be placed on Aktor's strategic development in Romania, a market in
which, he said, its presence "had been discredited". "We had to build credibility in Romania, where the recovery of confidence was and is the main bet; all other activities for further expansion have ceased." He added that the group's position in Romania would deliver significant profitability and increased turnover. He added that Aktor's possession of four tunnel boring machines (TBMs) is a significant advantage over the competition, as the majority of the projects to be tendered will be in the north-eastern regions of the country, which are mostly mountainous. "There are beastly projects coming up in the country."

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