In 2021 the turnover of the Company reached €7,154 million compared to €3,909.4 million in 2020 which represents an increase of 83%.
The volume of Company sales increased by 12,83% in fiscal 2021 compared to fiscal 2020.
The increase in sales volume in the fiscal year 2021 compared to 2020 is attributed to the higher
demand for petroleum products following the gradual easing of the restrictive measures imposed
on citizens’ movements against the spread of COVID-19 and to the higher quantity of crude and
petroleum products processed by the Company in 2021 given that a scheduled turnaround had
been executed in the period January – February 2020 with the main emphasis on the Mild
Hydrocracking Complex.
The EBITDA of the Group reached €489,580 thousand in fiscal 2021 from €84,845 thousand in fiscal 2020 (an increase of 477.03%) while the EBITDA of the Company reached €341,940 thousand in fiscal 2021 from €2,709 thousand in fiscal 2020.
The Earnings after Tax of the Group amounted to €202,363 thousand in fiscal 2021 compared
to Losses after Tax €113,478 thousand in fiscal 2020.
The Earnings after Tax of the Company amounted to €183,166 thousand in fiscal 2021
compared to Losses after tax €112,904 thousand in fiscal 2020.
Dividend payment
The management of the Company consistent with the dividend maximization policy of its shareholders will propose at the upcoming Annual Ordinary General Assembly of Company shareholders the distribution of an amount totaling €99,704,682 (or €0.90 per share) as a dividend for the fiscal year 2021.
