Hellenic Seaways announced satisfactory profits in 2017, amid an overall slump in the coastal shipping sector in Greece due to a hike in fuel prices.
According to information available to “Naftemporiki” newspaper, Hellenic Seaways – which was purchased by Attica Group – pending approval by a relevant competition committee – will post revenue of nearly 130 million euros, roughly one million euros less than in 2016.
EBITDA will near the 20-million-euro mark, according to initial estimates, with profits for the year expected to reach 10 million euros.
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Source: naftemporiki.gr
