Terna

Rise in sales, drop in profits for blue chips in 2018

The 25 companies that make up the FTSE 25 large-cap index at Athinon Avenue recorded an increase in sales last year - mainly thanks to a robust second half - and a decline in their operating and net profits because of one-off negative results for several blue chip companies, according to data Beta Securities has prepared for Kathimerini.

Terna Energy acquires Texas wind farm

Terna Energy SA, a Greece-based company engaged in the renewable energy sector, has signed a deal to acquire a 200-MW wind farm in Texas, US.
The total value of the investment is around 275 million euros, the company said.
Terna, which already operates wind farms in Elmore County, Idaho and Scurry County, Texas, has plans for another project in Texas.

ATHEX: Banks keep driving stock index higher

The expected approval of a 1-billion-euro disbursement to Athens by Friday's Eurogroup, after Wednesday's favorable European Commission report, secured further gains for the majority of stocks at Athinon Avenue, which was accompanied by the continuing decline of Greek bond yields. The stock benchmark climbed to its highest level in almost eight months, just short of 750 points.

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