Greek utility PPC reports increase in nine-month adjusted core profit

Public Power SA

13/11/2024 16:47

Nov 13 (Reuters) - Greece's biggest electricity power
utility Public Power Corporation  DEHr.AT  on Wednesday posted a
higher year-on-year adjusted core profit in the January to
September period, driven by a higher contribution from the
distribution business and the addition of operations in Romania
as well as the acquisition of electronics retailer Kotsovolos.
    It said nine-month adjusted earnings before interest, tax,
depreciation and amortisation (EBITDA) came in at 1.35 billion
euros ($1.43 billion), compared with 0.94 billion euros a year
ago. 
    
    


($1 = 0.9455 euros)

 (Reporting by Antonis Pothitos and Athina Karolidou; Editing by
Jane Merriman)
 ((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))