Gek Terna S.A.

GEKTE

Equity

ISIN GRS145003000 / Valor 1880746

Athens Exchange S.A. Cash Market (2024-12-23)

EUR 18.42+1.21%

Gek Terna S.A.
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About company

GEK TERNA S.A. is a prominent business group in Greece with a strong international presence and nearly 7,000 employees globally. The group is a key player in various sectors including infrastructure, energy production, supply and trade, concessions, waste management, and real estate development and management. Currently, the group is actively pursuing investments totaling €10 billion and has a substantial construction backlog of €5.7 billion.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

Gek Terna S.A. reported a significant increase in revenue for the first half of 2023. The company's consolidated revenue reached €1.2 billion, marking a 15% growth compared to the same period in 2022. This growth was primarily driven by strong performance in the construction and energy sectors.

Net Profit

For the first half of 2023, Gek Terna S.A. achieved a net profit of €85 million, which represents a 10% increase from the previous year. The rise in net profit is attributed to higher operational efficiency and cost management across its various business segments.

Earnings Per Share

Gek Terna S.A. reported an earnings per share (EPS) of €0.75 for the first half of 2023. This is an improvement from the €0.68 EPS recorded in the same period of 2022, reflecting the company's enhanced profitability and shareholder value.

Dividend Declaration

In light of the strong financial performance, Gek Terna S.A. declared an interim dividend of €0.30 per share for the first half of 2023. This decision underscores the company's commitment to returning value to its shareholders.

Future Outlook

Gek Terna S.A. remains optimistic about its growth prospects for the remainder of 2023. The company anticipates continued revenue and profit growth, supported by ongoing investments in infrastructure projects and renewable energy initiatives. The management also expects favorable market conditions to persist, aiding in achieving its financial targets.

Summarized from source with an LLMView Source

Key figures

39.1%1Y

98.9%3Y

158%5Y

Performance

20.5%1Y

24.7%3Y

37.0%5Y

Volatility