Earnings before interest, taxes, depreciation and amortization

The Lamda Development group announced a new record high for 2023 on Wednesday.

Its consolidated operating result (EBITDA) for 2023 showed profits of 206 million euros, a 69% increase compared to €122 million in 2022.

The group's total EBITDA before asset valuations and other adjustments amounted to a profit of €132 million in 2023, compared to a loss of €13 million in 2022. 

Net income of Türkiye's leading defense company Aselsan soared from 1.19 billion Turkish Liras in 2022 to 7.4 billion liras ($230 million) last year, pointing to a 520 percent increase.

Listed telecom OTE on Thursday announced an increase in profitability, FTTH subscribers, as well as TV and mobile contract customers, for the third quarter of 2023.

However, it announced a drop in group EBITDA due to weaker business in Romania.

OTE's consolidated revenues were down 2.6% in the third quarter of 2023 to 881 million euros.

Helleniq Energy on Thursday reported strong nine-month results due to the favorable refining environment, operating performance and exports.

Adjusted EBITDA totaled 968 million euros and adjusted net income was €496 million in the January-September period, while third-quarter adjusted EBITDA was €400 million and adjusted net income was €218 million.

Lower oil prices affected refiner Motor Oil's results for the first half of 2023.

Turnover dropped 25% to €5.9 billion, EBITDA earnings were down 42.6%, to €535.1 million, and after-tax profit declined to €275.4 million from €685.4 million in the first half of 2022.

Management said Tuesday they expect improved second-half results. 

Fraport Greece, which manages the country's 14 largest regional airports, saw its first-half turnover increase 37.4%, to €191 million, compared to the same period in 2022.

Operating profit (EBITDA) rose 25.3%, to €73 million. Passengers reached 11.8 million, of which 73% were international departures and arrivals.

Public Power Corporation (PPC), Greece's biggest power utility, announced a significant increase in first-half operating profit on Thursday because it spent much less on buying energy, especially natural gas, and on fines for carbon dioxide emissions.

Athens-listed Mytilineos on Thursday announced a 17% increase in its first half turnover to 2.516 billion euros, from €2.154 billion in the same period last year.

The company also said its EBITDA rose 9% to €438 million, its net profit after minorities jumped 61% to €268 million and earnings per share soared 59% to €1.94.

The estimate that a collapse of the demand for liquid fuels is possible in the very near future due to high inflation was made by the Deputy CEO of Motor Oil during yesterday's teleconference with analysts.

Koper – Port operator Luka Koper posted a net profit of EUR 16.5 million for the first quarter of 2022, up 91% over the same period in 2021. Sales revenue rose by 23% to EUR 70.9 million, and transshipped goods were up 18% to nearly 5.9 million tonnes, show unaudited results released on Friday.