GEK TERNA Holdings, Real Estate, Construction S.A. Reports Earnings Results for the Full Year Ended December 31, 2021
April 29, 2022 at 05:00 am EDT
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GEK TERNA Holdings, Real Estate, Construction S.A. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was EUR 1,144.2 million compared to EUR 891.91 million a year ago. Net income was EUR 49.95 million compared to EUR 12.72 million a year ago. Basic earnings per share from continuing operations was EUR 0.88411 compared to EUR 0.06095 a year ago. Basic earnings per share was EUR 0.51898 compared to EUR 0.13118 a year ago.
GEK TERNA Holdings, Real Estate, Construction S.A. is a holding company organized around 5 areas of activity:
- electricity production (73,1% of net sales): from renewable energies and from natural gas ;
- infrastructure construction (21.3%): power plants, highways, etc.;
- infrastructure management under concession agreements (5.1%): highways, parking lots, etc.;
- production of industrial facilities and construction materials (0.4%): pylons, struts, wood constructions, cements, etc. ;
- real estate development and property management (0.1%).
Net sales are distributed geographically as follows: Greece (93.2%), Balkans (5.3%), Eastern Europe (0.8%) and others (0.7%).
GEK TERNA HOLDINGS, REAL ESTATE, CONSTRUCTION S.A. 
