The Greek Deal.com
INTRAKAT
Categorically denies takeover scenarios
Following a pertinent inquiry from the Hellenic Capital Market Commission, Intrakat responded to a publication of the electronic press by stating that there is no agreement regarding any takeover.
EBITDA growth - Significant increase in turnover in the first half of the year
Intrakat announced today a 32% increase in turnover, a 307% jump in EBITDA, and a 196% jump in gross profit.
Final contractor in the tender for the Bramianos Dam in Crete
The Minister of Infrastructure and Transport Christos Staikouras approved the public contract award for the project "Construction of Supplementary Works of the Bramianos Reservoir, Flood Control Works of the Lygia River, and the Myrtos Dam of the Lassithi Region of Crete to 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.
PPPs, RES concessions and acquisitions at the heart of the Group's strategy
On Tuesday, June 25, 2024, Vice Chairman of the Board and CEO Mr. Alexandros Exarchou gave the investment community a preview of the Intrakat Group's long-term strategic plan.
Winex Investments' stake at 39.17%
Winex Investments Limited's stake in Intrakat increased to 39.17% of the total voting rights, up from 37.75%, following the purchase of 2,277,566 shares of a total value of €11,729,464.90.
Took on the €37.5 million Yalova bypass project
Intrakat awarded the project of the Yalova bypass with a budget of €37.5 million.
Return to profitability and 83% increase in turnover
Intrakat Group achieved strong performance in all areas of activity, with a sharp increase in turnover, a net profitability of €3 million, and an operating profitability of €16 million.
Construction of a solar park in Kozani on behalf of the PPC
Construction of a new 171 MW solar park at the Western Macedonia Lignitic Centre in Kozani, starts the Intrakat Group on behalf of the PPC Group.
Next five years will be decisive for Greece's future
CEO of Intrakat Alexandros Exarchou stressed that Greece must change its productive structure in the next few years.
Strategic Partnership for the development of a RES portfolio
Intrakat Group will transfer to PPC Renewables 6 RES projects, both in operation and in development, with a total capacity of 164 MW approximately.