Ellaktor SA

Ellaktor SA

1.22
EUR
0.00
(0.00%)
0.04EPS
1.64P/E
813.03MMarket 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
6.73
8.37
8.31
10.53
10.11
10.07
6.23
3.89
3.02
1.15
0.83
0.55
0.05
1.97
Basic EPS, GAAP
-0.26
-0.28
-0.57
-0.66
-0.22
-0.68
-0.64
-0.81
-0.29
1.43
0.1
- -
0.45
1.42
Free Cash Flow per Basic Share
0.51
-0.45
-0.43
0.54
0.23
-0.2
-1.2
-0.21
0.19
0.06
-0.14
- -
-0.11
- -
Dividend per Share
0.19
0.24
0.14
0.17
0.17
0.18
0.15
0.2
0.1
0.08
0.08
0.09
0.54
0.03
Book Value per Share
4.84
4.78
4.33
3.64
3.53
2.51
1.81
1
0.82
2.38
2.57
- -
1.27
2.41
Tangible Book Value per Share
-0.87
-0.67
-0.84
-0.12
0.13
-0.6
-0.3
-0.83
-0.21
1.61
1.99
- -
1.26
1.74
Basic Weighted Avg Shares
184
184
184
184
184
184
204
229
268
348
348
348
347
348
Sales/Revenue/Turnover
1,241
1,545
1,533
1,942
1,866
1,857
1,274
892
810
401
287
191
19
687
Operating Margin (%)
8.4
5.41
4.85
0.81
4.55
1.47
-0.08
-7.52
-2.19
21.97
28.81
37.04
-287.96
4.9
Depreciation Expense
106
106
126
119
103
101
103
111
86
77
71
45
10
- -
Net Income, GAAP
-48
-52
-106
-122
-41
-125
-131
-187
-78
497
33
- -
156
495
Effective Tax Rate (%)
413.55
- -
- -
- -
124.17
- -
- -
- -
- -
109.02
17.82
29.67
- -
73.35
Profit Margin (%)
-3.86
-3.34
-6.92
-6.28
-2.21
-6.71
-10.32
-20.92
-9.6
123.86
11.6
- -
838.72
72
Working Capital
887
740
601
485
467
460
480
492
583
513
732
- -
354
548
LT Debt
1,410
1,275
1,170
1,191
1,176
1,255
1,376
1,450
1,438
631
610
- -
91
605
Total Equity
1,150
1,116
1,031
892
877
652
533
332
363
914
975
- -
486
926
Return on Invested Capital (%)
-8.13
- -
- -
- -
-1.06
- -
- -
- -
- -
-0.44
7.68
- -
- -
1.76
Return on Capital (%)
-11.56
- -
- -
- -
-4.08
- -
- -
- -
- -
26.34
1.19
- -
- -
32.45
Return on Common Equity (%)
-5.16
-5.82
-12.63
-16.6
-6.23
-22.35
-29.96
-58
-30.15
89.24
3.87
- -
- -
86.33

Capital Structure

EUR

•

in mil. unless spec.
Sep'22
Dec'22
Jun'23
ST Debt
73
124
54
LT Borrowings
1,104
572
546
LT Finance Leases
55
59
60
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
348
348
348
Market Capitalization
540
583
813

Working Capital

EUR

•

in mil. unless spec.
Sep'22
Dec'22
Jun'23
Total Current Assets
1,778
1,240
1,428
Cash, Cash Equivalents & STI
288
424
346
Accounts Receivable, Net
779
703
143
Inventories
23
21
3
Total Current Liabilities
1,060
726
880
Payables & Accruals
- -
- -
- -
ST Debt
73
124
54
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
-25.09%
-42.36%
-90.25%
Total Cash Common Dividend
52.58%
92.6%
480.33%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
69
- -
287
2024
78
- -
191
2025
- -
- -
19

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
0.01
- -
0.1
2024
0.04
- -
- -
2025
- -
- -
0.45

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.08
2024
- -
- -
0.09
2025
- -
- -
0.54

Company Description

CEO
Efthimios Theodoros Bouloutas
Full Time Employees
1,419
Sector
Industrial services
Industry
Engineering & construction
Address
25 Ermou Street Athens GI Greece 145 64
IPO Date
Apr 20, 1994
Business
Ellaktor S.A. is a leading multinational Greek infrastructure and construction group, founded in 1962 and headquartered in Athens, Greece. The company operates through subsidiaries primarily in construction and quarrying; real estate development and management; energy including wind farms and photovoltaic parks; concessions encompassing financing, design, construction, maintenance, and operation of motorways, bridges, and marinas; waste management; and environmental services. Its core products and services span key infrastructure projects, commercial and residential real estate development, and renewable energy projects, with operations extending beyond Greece to countries in the Middle East such as Oman, Qatar, UAE, Kuwait, and Jordan, as well as various European nations including Germany, Italy, Romania, and Serbia, alongside activities in the Americas. Recent major developments in the last 1-2 years include a strategic increase of its stake in the Olympia Odos motorway concession from 17% to 20.4%, reflecting its focus on infrastructure concessions. In 2024, Ellaktor also divested some real estate assets, including the sale of the Smart Park project while retaining land for future unified development, and the sale of Cambas and Gournes real estate assets totaling approximately €85.6 million, signaling a portfolio optimization. The company also placed significant emphasis on developing the New Alimos Marina project with official regulatory approvals obtained in mid-2024. Additionally, Ellaktor has entered exclusive negotiations for the potential sale of its construction subsidiary Aktor S.A., indicating a strategic transformation towards focusing on higher value concession and real estate assets. The group's EBITDA for 2024 stood at €166.8 million, while it navigates cash flow concentration and operational restructuring amidst industry challenges. Ellaktor maintains a diversified portfolio targeting public and private sector infrastructure and real estate markets, employing approximately 600 staff and leveraging over 70 years of expertise. Its subsidiaries include Aktor SA (construction), Aktor Concessions SA, Andromachi SA, Yialou Anaptyxiaki SA, and Reds Real Estate Development SA, among others. The company emphasizes environmental and social responsibility within its operations, aligning with its vision to create long-term value for shareholders and society. Ellaktor’s key industry segments encompass engineering and construction, real estate development, energy production from renewable sources, and environmental services, positioning it as a comprehensive infrastructure player in Greece and internationally.

Company News

  • Ellaktor S.A. (ELLKY) Q4 2025 Earnings Call Transcript