Fra­port Greece’s op­er­at­ing prof­its boost par­ent com­pany fig­ures

Kathimerini English - - Focus -

Greece has made a con­sid­er­able con­tri­bu­tion to­ward the fi­nan­cial re­sults of the Fra­port AG group that the par­ent com­pany an­nounced yes­ter­day. In the year’s se­cond quar­ter (from April 11 to be pre­cise, when Fra­port took con­trol of 14 re­gional air­ports in Greece in­clud­ing the one pic­tured on Rhodes) the con­sor­tium, which also in­cludes Copelouzos Group, se­cured rev­enues of 58.2 mil­lion eu­ros, op­er­at­ing prof­its of 25.2 mil­lion and earn­ings be­fore tax and in­ter­est of 15.2 mil­lion eu­ros. The 3.6mil­lion-euro net loss recorded in Q2 was, ac­cord­ing to the par­ent com­pany, due to the one-off charge for the cost of fund­ing the en­ter­prise.

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