November 1, 2024
The Piraeus Port Authority (PPA S.A.) announced record financial results for Q3 2024, showcasing significant growth in revenue and profits. Key highlights include a 6.2% year-to-date increase in revenue to €174.9 million, a 5.6% rise in gross profit to €104.9 million, and a 6.6% increase in net income to €70.2 million compared to Q3 2023. The strong performance was driven by growth in the cruise, container, and car terminal sectors, effective cost management, and higher storage service charges. Shareholders’ equity grew by 10.4%, and the debt-to-equity ratio improved, indicating strengthened financial stability
Full details on the PPA website