Net profits For shareholders of € 68.1 million versus 49.8 million last year was announced by the construction company GEK TERNA For the first semester 2025.
Specifically, GEK TERNA published the financial situation report for the first half of 2025 with net profits for shareholders amounting to € 68.1 million versus € 49.8 million last year, and EPS profits (EPS) stood at € 0.68, increasing 22.5%.
It is recalled that the GEK TERNA Group has already made public the basic financial data of the first semester on a related flash note on September 10, with the final data not presenting any noticeable differentiation.
Total revenue amounted to 1,957.4 million, up 43.6% from the previous year, while operating profitability (adj. EBITDA) increased by 84.4% to EUR 317.5 million. The increase is primarily related to the performance of the concession sector, which was reinforced by the launch of the Attica Road, which contributed 89 million euros to operating profitability. For another six months there was an increase in traffic on the Group’s highway network. The construction sector showed an increase in revenue, while maintaining its profit margins at healthy levels.
Following the increase in profitability, the operating cash flows were significantly risen, which amounted to 219.3 million versus 93.3 million in the corresponding period of the previous year.
The Group’s free cash available at the end of the first semester amounted to $ 1.464 billion, while the total liquidity, following the recent successful version of the 7 -year corporate bond, amounts to 2 billion euros.
Net borrowing (customized net debt of the parent company) stood at € 117 million, compared to EUR 153 million at 31.12.2024.
In the field of construction, the signed backlog on 30.06.2025 was € 6.3 billion, with the group signing up to 16.09.2025 additional new contracts of € 0.7 billion. About 75% of the total backlog concerns private projects and projects of the group’s own investment.
Concerning the prospects for the following periods, the Group notes that the increase in operating profitability recorded in the first half is expected to be preserved, as it comes primarily from the concession sector with the projects to ensure long -term and stable revenue flows. Further aid is gradually expected with the operation of the next concessions, such as Egnatia Odos, Kasteli Airport, water resources and waste management projects.