The company is implementing a dynamic business plan, with nearly €600 million to be invested in real estate and €190 million in renewable energy by the end of the year. These investments will be funded through a capital increase, equity, and other sources, alongside a corporate transformation aimed at establishing new subsidiaries and optimizing performance.
The Group aims for a turnover of €3.2 billion and post-tax profits of €165 million by 2030.
At the Athens Stock Exchange, the bell marking the start of the session was rung by Mr. Alexandros Exarchou, Chairman and CEO of AKTOR Group, in the presence of market representatives, including Mr. Giannis Kontopoulos, CEO of the Athens Exchange Group, and Mrs. Vasiliki Lazarakou, Chairwoman of the Hellenic Capital Market Commission.
In his address, Mr. Exarchou emphasized the significance of the capital increase in the Group’s strategy, noting it would foster growth and create shareholder value. He also highlighted the fivefold increase in market capitalization from €200 million in 2022 to over €1 billion today, and the projected rise in turnover from €225 million to over €1.2 billion. EBITDA, which was negative, is expected to reach €74 million by 2024, and the workforce has grown from 450 employees to 5,800. The unexecuted backlog has risen from €1.3 billion to €4.5 billion.
Mr. Exarchou concluded by noting that the capital increase will enable investment in new sectors and the creation of new revenue streams, as the Group expands through synergies and construction-related activities.
