Thessaloniki Port Authority S.A.: financial results for the financial year 2023

April 19, 2024
  • Consolidated revenue increased to MEUR 85,9 from MEUR 85,3 for 2022.
  • The container terminal posted a significant growth in revenue of over 12%
  • Similar growth was posted in the real estate sector and in the cruise & ferry passenger traffic by 18,2% and 31,3% respectively (to € 3,9 mil. and € 0,9 mil. respectively), while conventional cargo terminal posted a decrease in revenue by 21,5% (to € 20,2 mil.).
  • +1.9% Gross Profits
  • +3.4% EBITDA MEUR 34,1
  • +8.9% Net Profits after taxes MEUR 20,3
  • The Capital Expenditure (CapEx) plan for 2023 exceeded MEUR 9,2 and mainly involved a new Cruise Terminal “Alexander the Great”, restoration of functional depths, repair and upgrade of quays, power substation upgrades, procurement of loading and unloading equipment and ISPS security systems.

Source: https://www.thpa.gr/dt-170424-en/