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Tag: Attica Holdings S.A | Ferry Shipping News

Dec 06
3

Attica Holdings S.A. Reports a 27.4% Revenue Increase in the First 9 Months of 2024

By | 2024 Newsletter week 49 | No Comments

Attica Holdings S.A.  announced its results for the 9-month period 2024, incorporating for the first time the business operation of ANEK LINES S.A. and its subsidiaries for the entire 9-month reporting period, following the completion of its merger by absorption on December 4, 2023.

  • Revenue Growth: Group revenue increased by 27.4% to €593.4 million (2023: €465.6 million), boosted by the incorporation of ANEK Lines for the full period.
  • Profitability: EBITDA decreased to €93.5 million (2023: €121.3 million), impacted by non-recurring expenses of €18.5 million related to the ANEK merger. Consolidated earnings after tax fell to €45.3 million (2023: €59.9 million).
  • Traffic Volumes: Passenger numbers rose by 12.2%, private vehicles by 25.3%, and freight units by 27.4%. Total sailings increased by 7.4%.
  • Investments: €145.1 million was spent on fleet renewal, environmental upgrades, digitisation, and acquisitions (HIGH SPEED 3, KISSAMOS, KYDON, hotel in Naxos), including advance payment for two E-Flexer vessels and other assets.
  • Debt and Liquidity: Group debt reduced to €578.2 million (from €588.5 million at end-2023). Cash reserves fell to €42.3 million due to significant investments.

Source: Attica Group Press Releases

Dec 02
4

Strong Performance for Attica Holdings S.A. in challenging times

By | 2021 newsletter week 48 | No Comments

Consolidated revenue

Q3 +30.58% EUR 148.31 million

9M +17.32% EUR 270.50 million

EBITDA

Q3 +27.80% EUR 47.11 million

9M +10.18% EUR 42.74 million

EBIT

Q3 EUR +35.85% 33.34 million

9M EUR +29.40% 4.31 million

Consolidated Profit after taxes

Q3 EUR +32.74 million (12.14 million)

9M EUR loss 1.31 million (loss 28.81 million)

Outlook

Traffic volume will be affected by the evolution of the pandemic and any additional restrictive measures that may be imposed on the movement of passengers.

Marine fuels cost has significantly increased, burdening the operating expenses of companies. During Q3, the Group’s marine fuel costs increased by 74.5% compared to the corresponding period last year.

Key financial figures
Jul 11
0

DFDS’ ANGLIA SEAWAYS Starts As BLUE CARRIER 1 For Attica

By | 2019 Newsletter week 28 | No Comments

Attica Holdings S.A took the delivery of the ro-ro ferry ANGLIA SEAWAYS from DFDS, for a cash consideration of EUR 12,050,000.

The vessel, built in 2000, has an overall length of 142.5 meters, service speed of 17.5 knots and a garage capacity of 1,680 lane meters or 120 unaccompanied freight units.

The vessel was renamed BLUE CARRIER 1 and is scheduled to be deployed in Attica’s domestic route network.

The vessel now flies the Greek Flag.