Greece's GEK Terna 2025 adjusted net profit jumps as concessions, construction drive growth

GEK TERNA

07/04/2026 16:42

April 7 (Reuters) - Greek infrastructure group GEK Terna HRMr.AT on Tuesday posted a 48.1% year-on-year increase in adjusted net profit to 147.3 million euros ($170.51 million) for 2025, driven by strong growth in its concessions and construction businesses.

Revenue rose 18.6% on the year to 3.86 billion euros, while adjusted earnings before interest, taxes, depreciation and amortisation climbed 56.3% to 631.4 million euros.

Revenues from the concessions segment in 2025 increased by 60.4% compared to 2024 and operating profitability rose 76.7%, accounting for 57.5% of total group operating profit.

Construction revenues increased 27.7% with a backlog of 9.1 billion euros as of the end of 2025, the group added.

GEK Terna will propose a dividend of 40 million euros, or 0.40 euros per share.

The group expects sustainable medium-term earnings growth led by long-term concession cash flows.

($1 = 0.8639 euros)

(Reporting by Antonis Pothitos; Editing by Barbara Lewis)

((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))