Net Profits of €152.1 Million for Ellaktor Group Due to Divestments

Kathimerini reports on the financial results of the Ellaktor Group, highlighting a substantial increase in net profits for 2025, reaching €152.1 million. This impressive figure, a significant jump from €57.4 million in 2024, is primarily attributed to the group's strategic divestments from non-core sectors.

The group's focus has decisively shifted towards real estate and hospitality, which now form the core of its operations. The year 2025 marked the final period influenced by divestments, with the concessions sector ceasing its contribution after the sale of 'Aktora Concessions' and the environmental sector ('Elektor') no longer being consolidated following its sale to Motor Oil. This strategic realignment is beginning to reflect positively in the financial outcomes.

Turnover for 2025 stood at €89.2 million, with ongoing activities, particularly in property management, accounting for €18.6 million. The real estate sector itself saw remarkable growth, with revenues soaring by 388% to €18 million, driven significantly by the Alimos Marina and the Athens Properties portfolio. This performance underscores the success of Ellaktor's pivot towards real estate. Despite the large capital gains from divestments (€187.3 million), the group also returned significant capital to shareholders (€296 million) and distributed dividends (€174.1 million), leading to a decrease in equity but a strengthening of its financial position with increased cash reserves and drastically reduced debt.