Greek power utility's first-quarter results hit by challenging renewables conditions

Public Power SA

20/05/2025 15:48

May 20 (Reuters) - Greece's biggest electricity power utility Public Power Corporation (PPC) DEHr.AT reported a marginal decline in first-quarter adjusted core profit on Tuesday, citing the impact of unfavourable weather on renewable energy production.

The company's adjusted earnings before interest, tax, depreciation, and amortisation (EBITDA) for the first quarter were 453 million euros ($510.12 million), down from 459 million euros a year earlier.

($1 = 0.8880 euros)

 (Reporting by Antonis Pothitos
Editing by David Goodman
)

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