April 5, 2024
The Piraeus Port Authority S.A. announced its financial results for the fiscal year 2023.
+12.9% Revenue (EUR 219.8 million)
+28.8% Pre-tax profits (EUR 96.2 million)
+26.3% Profits after taxes (EUR 66.8 million)
These results represent the highest performances in the company’s history for both revenue and profitability, marking the third consecutive year of improvement.
- Cruise sector: passengers, ship calls and homeport calls up.
- Car handling sector experienced a higher-than-expected increase in domestic car demand with Imported car registrations rising by 31.4%.
- Cargo handling declined by 30.0%.
- In the coastal shipping sector, passenger and car flows increased due to the significantly improved touristic flows, with a 7.9% rise in total passenger traffic and a 3.8% in car traffic.
- The three container terminals maintained growth.
Source: PPA S.A.
