Twice as long as its functional profitability is expected to be GEK TERNA With a time horizon in 2028, as the President and CEO of the Group, George Peristeris, said in yesterday’s (11.6.2025).
These strong growth rates are supplied by concessions, which contribute more than 60% of consolidated operating profits, as well as GEK TERNA’s dominant position in infrastructure projects.
“Last year, GEK TERNA showed historically high performance. The group’s total revenue approached 3.3 billion euroswhile the net profits exceeded 818 million euros. At the level of operating profitability, customized EBITDA amounted to € 404 million and we continue to work with the aim of doubling operating profitability over the next four years, ”said Mr Peristeris yesterday.
He added that GEK TERNA is entering a new, dynamic growth cycle, which is based on the continued rise of all sectors of the Group’s activity.
In concessions, only from the existing portfolio, the total money distributions for the group will exceed 11 billion euros throughout the concessions. The contribution of this sector to the strengthening of the Group’s sizes is expected to be further strengthened, as new concessions such as Egnatia Odos, Airport in Kasteli, Heraklion, Crete, and IRC Elliniko, will be added.
As for the Egnatia Road, it is estimated that by the end of the year the concession of the road axis to GEK TERNA will be completed. For the other major concession, the Chania – Heraklion Department of BOAK, as it became known, at yesterday’s General Assembly, the predicted conventional events, is estimated to be completed in the coming months.
Rigidness
In constructions, the existing backloging balance of GEK TERNA projects is now moving in the area of 7 billion euros and extends to a five -year horizon, ensuring steadily and sustainable profitability, as Mr Peristeris said, stressing that he is constantly reinforced by new projects.
Indicatively, TERNA, the group’s construction arm has emerged as a temporary bidder in 2 railways in Romaniatotal budget of the order of 1 billion euros.
These two projects, which will be implemented in a joint venture with Alstom Romania, are 83 km in length and relate to the design and complete restoration of the Craiova-Drobeta Turnu Severin-Caransebeș railway line, part of the ORIENT/East Mediterranean. The auctioning body of the projects is the CFR rail infrastructure administrator.
Attica Road
For the Attica Road, Mr Peristeris noted that the performance of the project exceeds forecasts, while the concessions are expected from about 60m euros, in 2025. Commenting on the entrance of Latsco Family Office by Marianna Latsi with 10% in the shareholder of the new headquarters of the new premise of the New Authority. GEK TERNA’s binding investment), GEK TERNA leader noted that “working with Latsco is long and deep”.
With the aim of alleviating traffic congestion on the motorway, Mr Peristeris also said that the group is processing intervention proposals in the occupation zone of Attica Road. One of them also concerns the Transfiguration Node, where it joins the Athens – Lamia Highway.