ThPA: Net profits of 30.8 million euros – Proposed dividend of 2.2 euros/share

Thessaloniki Port Authority (ThPA) announced that dynamic concern operations led to strong fiscal show successful 2025, with revenue, instrumentality throughput, and profitability reaching levels higher than successful immoderate erstwhile year, contempt outer challenges that make uncertainty and interaction connected the planetary supply chain.

Group achieved grounds revenue, profitability, and throughput successful the Container Terminal for different year. Container throughput (TEUs) reached 617k, importantly accrued by 51k TEUs (+9,1%) compared to 2024, with an upward trend. Conventional Cargo throughput reached 2,8 cardinal tons, little by 398k tons (-12,5%) compared to the erstwhile year, reflecting broader trends successful the wider Balkans accepted cargo market.

Group gross reached astir 107.4 cardinal euros successful 2025, compared to 100.7 cardinal the erstwhile year, importantly accrued by 6.7 cardinal (+6,7%), driven chiefly by higher gross from the Container Terminal of 8 cardinal (+11,3%). Conventional Cargo Terminal reported little gross by 1.3 cardinal (-5,5%), while gross from Real Estate accrued by 0.2 cardinal (+5%), arsenic did gross from Cruise & Ferry, which roseate by 0.3 cardinal (+21,9%), contempt a slight downward trend successful cruise arrivals.

Regarding Group profitability successful 2025, gross profits reached 50.3 million, compared to 47.1 cardinal successful 2024, an summation of 3.3 cardinal (+7%). Earnings earlier interest, taxes, depreciation and amortization (EBITDA) amounted to 48.2 cardinal compared to 42.6 cardinal successful 2024, reflecting an summation of 5.6 cardinal (+13,1%), while the EBITDA borderline reached 44,9%; a show importantly higher than the mean of erstwhile years.

Group nett net aft taxes besides improved significantly, reaching 30.8 cardinal compared to 28 cardinal successful 2024, marking a 9,7% increase; consequently, Earnings Per Share amounted to 3.06 (compared to 2,78 for 2024).

As a effect of the above, the Board of Directors will suggest a dividend organisation of 2.2 euros per stock for the 2025 fiscal year. The projected dividend, which is importantly accrued compared to the erstwhile year (+10%), frankincense confirming the stable and increasing dividend policy, is subject to support by the Annual General Meeting of Shareholders connected May 12th, 2026.

Concerning the Company’s ongoing investments from its privatization successful March 2018 done December 2025, and successful transportation with the Concession Agreement, the institution reported the following: Mandatory Investments from March 2018 up to 31/12/2025 amounted to 22.5 million, arsenic certified by the Independent Engineer (in terms of Basic Reference Cost) and chiefly subordinate to mechanical equipment.

At the aforesaid time, during the aforesaid period, the Company has proceeded with peculiarly important further investments, totaling implicit 67.1 million, indicatively, to upgrade infrastructure, warehouses, and buildings; acquisition mechanical instrumentality and IT equipment, and instal caller λογισμικό programs related to the further digitization of larboard services.

Consequently, the Company’s total investments from March 2018 to 31/12/2025 exceeded 89.6 million, retired of which 12 cardinal were implemented within 2025.

A peculiarly important summation successful investments is expected during the 2026-2030 period, with the enlargement of Pier 6, pursuing the signing of the declaration with the METKA-TEKAL consortium successful November 2025.

Group maintains strong levels of fiscal liquidity (including chiefly term depos), owed to accordant and robust operating currency travel generation, which exceeded 34.8 cardinal successful 2025 (compared to 35.9 cardinal successful 2024).

The CEO of ThPA S.A., Dr. Ioannis Tsaras, stated: “The year 2025 was a milestone for ThPA S.A., arsenic we combined the accomplishment of caller record-high show figures with the motorboat of the astir important improvement task successful the modern past of the Port of Thessaloniki: the enlargement of Pier 6. The steady maturation of our figures successful caller years confirms the strategic prime made by the shareholders of ThPA S.A. to transform the Port of Thessaloniki into a ascendant transport hub for Southeast and Central Europe. With the enlargement of Pier 6 and much than doubling of the Container Terminal’s capacity, we are substantially enhancing the port’s competitiveness, enabling it to simultaneously service much instrumentality vessels, arsenic well arsenic Ultra Large Container Vessels (ULCVs) of up to 24.000 TEU.

In a discourse of planetary realignment, this concern reinforces our halfway competitory vantage arsenic a supplier of intermodal services and our relation successful the planetary supply chain, arsenic reflected successful the Trans-European Transport Network (TEN-T), and is efficaciously recognized by the caller European strategy for ports. This maturation trajectory extends beyond the Company and translates into tangible benefits for the system and society, boosting employment and
development successful the wider region. We are consistently moving guardant with the implementation of our concern plan, with the wide extremity of establishing the Port of Thessaloniki arsenic a reliable and strategic trade gateway for Southeast, Central and Eastern Europe.”