PPA: Strong resilience and new all-time highs in 2025

The Piraeus Port Authority S.A. (PPA) demonstrated strong resilience and reached caller all-time highs successful 2025, reaffirming the port’s pivotal relation arsenic a cardinal pillar of the Greek system and the planetary supply chain.

Amid an situation of heightened geopolitical pressures and disruptions successful planetary trade, Piraeus maintained its upward trajectory, strengthening some revenues and operating profitability, while preserving a stable dividend policy.

These results bespeak the robust show crossed the port’s idiosyncratic concern segments—from cruise operations to instrumentality handling—and underscore the strategic value of Piraeus arsenic a large transshipment hub successful the Eastern Mediterranean.

According to PPA, total gross amounted to 250.8 cardinal euros, marking an summation of 8.6% oregon 19.9 cardinal euros compared to 2024. Earnings earlier interest, taxes, depreciation and amortization (EBITDA) reached 132.3 million, up by 2.2%, while nett net aft tax stood astatine 86.2 cardinal euros, representing a marginal diminution of 1.5%.

The results corroborate the company’s strong resilience successful the look of important challenges. Cash reserves stood astatine 149.8 cardinal euros arsenic of 31 December 2025.

Dividend proposal

The Board of Directors has projected a dividend organisation of 1.896 euro per share, broadly successful enactment with the 1.92 euro dividend paid successful 2024, thereby maintaining a accordant dividend argumentation with a 55% payout ratio of nett profits to shareholders.

Operational show by sector

Cruise enactment recorded a caller all-time precocious successful some rider traffic and revenues, which accrued by 24.8%. Strategic readying and targeted partnerships further strengthened Piraeus’ presumption arsenic a starring cruise hub successful the Eastern Mediterranean.
The αυτοκίνητο terminal posted a slight gross diminution of 5.4%, chiefly owed to bonzer storage revenues recorded successful 2024. At the aforesaid time, transshipment cargo volumes accrued importantly by 17.6%, highlighting the sector’s competitiveness.

Pier I, which is straight managed by PPA, recorded a 17.0% summation successful revenues driven by higher cargo throughput and, for the archetypal clip successful its history, achieved nett profitability. Piers II and III reported a 10.8% summation successful revenues, contempt reduced volumes, peculiarly successful the 2nd fractional of the year. Overall, instrumentality terminal operations demonstrated notable resilience, importantly boosting total revenues crossed Piers I, II and III, contempt the ongoing interaction of the Red Sea crisis, which has efficaciously closed the way via the Suez Canal.

In coastal shipping, revenues declined by 28.4%, chiefly owed to a simplification successful larboard fees implemented from May 2025, pursuing a petition by the Ministry of Maritime Affairs and Insular Policy, aimed astatine containing ferry summons prices. This besides reflects PPA’s affirmative effect within the model of its Corporate Social Responsibility initiatives.

Passenger and vehicle traffic accrued further, reaffirming Piraeus’ captious relation arsenic a backbone of home ferry services and connectivity betwixt mainland Greece and the islands.

The vessel repair zone remained highly progressive successful 2025; however, total revenues from vessel repair activities decreased by 7.2%, chiefly owed to the four-month attraction of 1 of the docks.

The CEO of PPA, Su Xudong, stated: “2025 confirmed the Organization’s steady maturation trajectory, with strong fiscal and operational performance. In a demanding planetary environment, we delivered different acceptable of affirmative results while continuing to put systematically successful the port’s future. This demonstrates the strength of our strategy and the dedication of the workforce. We stay committed to executing our strategy, creating value for our shareholders and supporting the semipermanent improvement of the larboard and the Greek economy.”