The Greek Deal.com
BUSINESS
Greek Banks
On track for strong profitability
Expectations for Greek banks are improving following the better-than-forecast results announced for the first half of the year, Morningstar DBRS notes.
PETROPOULOS S.A
Net profit of €3.49 million for the half-year
Petropoulos Group's sales for the period 1 January–30 June increased by 18% to €109.4 million from €92.8 million on 30.6.2023, according to the company's announcement.
Premia Properties
Agreement for Nordic Leisure's entry into the share capital
Premia Properties has agreed with NLTG HH Greece, a subsidiary of the Swedish company Nordic Leisure Travel Group, in order to participate in a future share capital increase of up to €12.5 million.
Independent Authority for Public Revenues
Deadline to connect to IRIS on September 2nd
The Independent Authority for Public Revenues (AADE) and the Ministry of National Economy and Finance have reminded freelancers and self-employed individuals of the requirement to connect their business account with the IRIS direct payment system in order to accept payments from their clients.
Urban Rail Transport
Energy savings from the braking of Metro trains
With the signing of the contract between Urban Rail Transport (STA.SY) and the contractor company "Siemens Mobility S.A.", a particularly "green" and innovative project for the Greek railways is being implemented.
Independent Power Transmission Operator
€4.9 million tender for the facilities at the Ag. Stefanos substation
IPTO is proceeding with a tender with a budget of €4.95 million for facilities at the Agios Stefanos substation.
Ideal Holdings
Half-year revenue and profit jump with organic growth and acquisitions
Ideal Holdings announced an increase in sales and profitability for the first half of the year, and the board chairman, Mr. Lambros Papaconstantinou, expressed a desire to further expand operations.
OTE
Revenue up 6.6% and adjusted EBITDA 327 million in the second quarter
OTE Group reported a turnover of €1.788 billion, up 7.9%, and adjusted profit attributable to shareholders of €283 million, up 5.3%, for the first half of the year.
Coca Cola HBC
Net profit 381.6 million in the 6-month period
Coca-Cola HBC reported a net profit of €381.6 million in the first half of the year, compared to €385.7 million in the same period last year.
PPC
Strong results with adjusted EBITDA at €927 million for the first half of the year
PPC Group reports strong results for the first half of the year, with adjusted EBITDA reaching EUR 927 million, up 57%.
AVAX GROUP -METLEN
Refutation of publications on shareholder cooperation
The AVAX Group and Metlen made a statement to the Hellenic Capital Market Commission in response to today's publications in the printed and electronic press regarding discussions of cooperation with another group.