GEK Terna group reports impressive Jan-Sep 2022 results

GEK Terna group announced a significant increase in profitability for the nine-month 2022 period, compared to the corresponding period of 2021, due to improved performances in all of its commercial activities.

Among others, group liquidity remained strong, at 1.126 billion euros by the end of September 2022.

Total group revenues reached 2.762 billion euros over the period, compared to 700.7 million euros in the same period of 2021.

The Athens-group reported impressive results in its energy production and trade (electricity and natural gas) activity, both domestically and abroad. Specifically, revenues totaled 2.076 billion euros, significantly higher than 220 million euros in the first nine months of 2021.