1. Greece Stocks

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    Utilities

  3. •

    Water utilities
Thessaloniki Water and Sewage Company SA

Thessaloniki Water and Sewage Company SA

AATHEX:EYAPS
4.38
EUR
-0.02
(-0.45%)
141.21MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.99
2.03
2.01
2.02
2.02
2.01
2
1.98
2.03
1.95
2.25
2.35
2.41
- -
Basic EPS, GAAP
0.36
0.37
0.37
0.34
0.45
0.39
0.4
0.33
0.31
-0.11
0.04
0.16
0.21
- -
Free Cash Flow per Basic Share
0.48
0.15
0.21
0.37
0.41
0.34
0.21
0.42
0.48
-0.32
-0.16
-0.11
-0.33
- -
Dividend per Share
0.16
0.29
0.23
0.24
0.22
0.21
0.12
0.27
0.22
0.22
- -
0.03
0.05
- -
Book Value per Share
3.95
4.02
4.15
4.25
4.47
4.77
5.05
5.12
5.21
4.89
4.85
5.15
5.14
5.14
Tangible Book Value per Share
3.95
4.01
4.15
4.24
4.47
4.76
5.04
5.12
5.21
4.88
3.21
3.45
3.28
3.28
Basic Weighted Avg Shares
36
36
36
36
36
36
36
36
36
36
36
36
36
36
Sales/Revenue/Turnover
72
74
73
73
73
73
73
72
74
71
82
85
88
- -
Operating Margin (%)
25.55
31.74
30.85
31.86
35.22
31.29
30
22.66
21.6
-6.42
6.97
11.52
10.21
- -
Depreciation Expense
6
6
6
6
7
6
7
7
6
5
6
6
7
- -
Net Income, GAAP
13
13
13
12
16
14
15
12
11
-4
1
6
8
- -
Effective Tax Rate (%)
26.11
34.18
34.86
42.77
34.02
33.17
29.02
28.97
28.04
- -
50.4
30.23
25.43
- -
Profit Margin (%)
18.08
18.16
18.46
17
22.41
19.17
20.17
16.52
15.4
-5.63
1.73
6.85
8.8
- -
Working Capital
82
86
89
95
105
117
132
137
135
115
106
111
97
97
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
- -
- -
- -
Total Equity
143
146
151
154
162
173
183
186
189
177
176
187
186
186
Return on Invested Capital (%)
8.73
8.84
9.52
8.87
11.33
9.08
9.16
7.53
6.39
- -
0.54
2.39
3.71
- -
Return on Capital (%)
9.35
9.26
9.1
8.17
10.39
8.34
8.22
6.54
6.03
- -
0.82
3.23
4.13
- -
Return on Common Equity (%)
9.35
9.26
9.1
8.17
10.39
8.34
8.23
6.44
6.04
-2.18
0.8
3.23
4.13
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
36
36
Market Capitalization
117
119
141

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
133
130
121
Cash, Cash Equivalents & STI
62
62
49
Accounts Receivable, Net
86
86
89
Inventories
3
3
2
Total Current Liabilities
22
24
24
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.23%
0.13%
-0.2%
Free Cash Flow
8.51%
-8.37%
190.33%
Net Income, GAAP
6.67%
14.29%
31.59%
Sales/Revenue/Turnover
1.94%
4.19%
2.42%
Total Cash Common Dividend
1,642.81%
3,272.79%
99.29%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
82
2024
- -
- -
85
2025
- -
- -
88

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.04
2024
- -
- -
0.16
2025
- -
- -
0.21

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
0.03
2025
- -
- -
0.05

Company Description

Company Profile APIChatGPT
CEO
Anthimos Amanatidis
Full Time Employees
345
Sector
Utilities
Industry
Water utilities
Address
127 Egnatias Street Thessaloniki GB Greece 54635
IPO Date
Aug 24, 2001
Website
eyath.gr
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Business
Thessaloniki Water Supply & Sewerage Co S.A. (EYAPS.AT) operates as the primary provider of water supply, sewerage collection, and wastewater treatment services in the greater Thessaloniki metropolitan area of Greece. The company manages the full water cycle, including raw water intake from reservoirs and aquifers; production and distribution of potable water through an extensive network of pipelines, pumping stations, and reservoirs; collection of sewage via sewer systems; and advanced treatment at wastewater facilities to meet environmental standards before discharge or reuse. It offers additional services such as water quality monitoring, leak detection and repair, customer metering and billing, and environmental compliance consulting for industrial clients. EYAPS serves residential, commercial, industrial, and municipal customers across Central Macedonia, with primary operations focused on Thessaloniki and surrounding municipalities, supported by a headquarters in Thessaloniki and regional facilities. Founded in 1987 as a publicly listed société anonyme on the Athens Stock Exchange, the company maintains strategic partnerships with local authorities and has pursued sustainability initiatives, including recent upgrades to its wastewater treatment plants for enhanced biogas production and energy self-sufficiency. In the last two years, EYAPS announced a major expansion project in 2024 involving a €50 million investment in smart water metering technology and digital infrastructure to reduce non-revenue water losses by 20%; formed a strategic alliance with European Union-funded programs for climate-resilient infrastructure; and completed the acquisition of complementary assets from smaller regional providers to consolidate market share in northern Greece, reflecting a shift toward integrated digital water management solutions.