HSW expected to post EBITDA near 20-mln€ mark for 2017

Thursday, 11 January 2018 23:12
FOSPHOTOS/Alexandros Katsis
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By L. Karageorgos
[email protected]

Hellenic Seaways reported 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 “N”, 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 forecast to reach 10 million euros. 

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