Athens Water Supply and Sewerage S A : Announcement to the Investment Community about the fundamental financial results during the 3rd Quarter of 2020 and the developments in the Company's activity

Announcement to the Investment Community about the fundamental financial results during the 3rd Quarter of 2020 and the developments in the Company's activity

EYDAP S.A. in the context of timely and valid information of the investment community, and following the Hellenic Capital Market Commission's letter, announces the main financial figures and the outlook of its activities, during the third quarter of 2020.
During the nine months period of 2020, EYDAP presented a 1.1% increase in turnover (2.6 million euros), reaching at 247.6 million euros from 245.1 million euros at the corresponding period of 2019, while total consumption showed an increase by 1.6%. Consumption data analysis until October 2020 depicts a small increase in consumption. However, this is within the limits of fluctuations observed over time. Regarding Q3 2020, the turnover decreased by 4.3% compared to Q3 2019. This is mainly due to the reduction in tourist traffic in Attica Region that pandemic brought and the reduced estimates of unpaid revenues for the same period.

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