GEK Terna turnover, profits remain well supported

The gradual maturation of investments in the concession sectors, as well as the improved profitability of the construction sector, have started bearing fruit for listed group GEK Terna, which, as it seems, will not have a significant decline in its financial performance after selling Terna Energy to the Masdar Group.

The losses in revenue and profits will be immediately offset by the recent takeover of the management of Attiki Odos earlier than expected, and the expected addition of two significant revenue sources in the next quarter: The concession agreement for Egnatia Odos and the new natural gas power generation unit in Komotini.