OR Attica Group It announced today (30.9.2025) the results of the first semester 2025, which show an increase in consolidated turnover (ed. turnover) in both geographical areas of activity (Greek ferry and international vessels).
Overall, compared to the corresponding period of 2024, turnover was raised by 2.96%, stood at € 326.6 million versus € 317.2 million per per € 317.2 million. operating cost Attica Group in the first half of 2025 amounted to € 321.0 million from € 281.4 million in the first semester 2024 (14%increase), mainly due to the burden of increased costs of dirt and other environmental regulations, as well as the general existence of the cost of payroll payroll.
The consolidated mixed profits of the group stood at € 5.6 million versus € 35.8 million in the first half of 2024, while the Ebitda It was € 4.1 million from € 19.5 million in the corresponding period last year. The Net result from ongoing activities after taxes It was losses of € 52.3 million, which includes non -recurring costs of € 17.3 million, compared to losses of € 23.8 million in the first half of 2024 which included non -recurring costs of € 11 million. 19.3 million.
The Cash and equivalents They amounted to € 78.6 million to 30.06.2025, increasing from € 75.8 million to 31.12.2024. At the same time, total investment outflows € 46.5 million primarily for the installation of new technologies on the existing ships of the Group to improve the energy efficiency of the fleet and to reduce its environmental footprint, as well as for radical renovation of the hotel in Tinos.
Purchases and transport project
The Group is active in the brands “Superfast Ferries”, “Blue Star Ferries”, “Hellenic Seaways” and “Anek Lines”, and currently has 37 ships, 25 of which are conventional passenger -ships, 10 are speedboats and 2 are trucks. All ships in the group are privately owned by 2 passenger ferries, which are chartered.
During the first half of 2025, the ships of the Group operated in Greece (Cyclades, Dodecanese, Crete, NE Aegean and Saronic) and the international Greek -Italy (Ancona, Bari, Venice).
Concerning the transport project during the first half of 2025, the Group’s ships carried 2.7 million passengers (2.8 million passengers in the first half of 2024 – a decrease of 3.6%), 456,000 cars. vehicles (462,000 cars in the first half of 2024 – 1.3%reduction) and 276,000 trucks (266,000 trucks in the first half of 2024 – increase 3.8%), carrying 8,272 routes (8,406 in the first half of 2024 – 1,6%).
The group’s transport project is estimated to have been influenced by the increasing inflationary trends in Greece and Europe, which affect the amount of available income and consumer spending of the passenger public, the impact of seismic activity that has long been in the area of Santorini, as well as the Santorini area.
Investment Program in progress
In the context of the Green Transition and Renewal Strategy, the Attica Group has already ordered a new generation of e-Flexer vessels with alternative fuel and hybrid systems technologies. Also, old ships through environmentally friendly recycling were completed, the sale of the Flying Dolphin ships were sold, as well as the naked charter with two old ships, reducing the average age of the fleet by 2.2 years (from 27.1 to 24.9 years).
In addition, energy upgrades were made with the installation of modern technologies (Energy Saving Devices, Scrubbers), a totaling value of € 10.2 million.
At the same time, the further development of the hotel sector continues with Tinos Beach’s radical renovation work to evolve, so that the hotel will operate with the start of the 2026 tourist season. Also, at the end of the current tourist season, the modernization of the Naxos Resort Hotel will begin.
Evolution of the Group’s business
The group continues to implement its strategic planning, focusing on three main axes: customer -centricity, green transition & fleet renewal and functional optimization. In this context, it made organizational changes by creating a new staff, aiming to create greater value for customers.
Also completed, the first phase of the Seanthesis project, which concerns the development of digital applications for the integration of systems and the provision of personalized services to passengers. Also, the shipbuilding and investment program to install new technologies on ships is in full swing, with the aim of improving energy efficiency and reducing environmental footprint. At the same time, projects are being implemented to optimize work and rationalize costs, utilizing digital technologies.
The Group’s financial performance in the second half of 2025 are expected to be affected by inflationary market pressures that affect the available consumer income. In this environment, despite increased environmental costs, the group did not substantially adjust the passenger ticket price in order to stimulate transportation, taking into account the announcements of reduction in port charges in the ports of 50% for one year. An additional factor is the most intense seasonal competition facing the group due to additional ships.
In this transitional period, the administration is constantly monitoring macroeconomic developments, evaluating the factors that influence transportation and costs and takes the necessary measures to ensure the sustainable development of the group, utilizing the strong balance sheet, high -profile, Months and months of high -movement, as well as the adoption of practices that boost the group’s workplace and revenue.