Independent journal on economy and transport policy
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Greek group Attica's quarterly economic results fell sharply
The volumes of traffic moveded by the fleet are also falling sharply
November 26, 2020
The Greek group, which operates a fleet of ferries through the Superfast Ferries, Blue Star Ferries and Africa Morocco Link (AML), reported that in the third quarter of this year the volumes traffic generated by their ships has decreased significantly, with a reduction of -45% in passengers, of -30% private cars and -16% of heavy goods vehicles.
In the first nine months of this year, the group's revenues amounted to 230.6 million euros, a decrease of -29.5% on the january-september 2019. EBITDA was 38.8 million euros (-46.8%) and operating profit of €3.3 million (-92,0%). Attica closed the first nine months of 2020 with a net loss of -28.8 million compared to a net profit of 30.9 million million euros in the same period last year.
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The Greek group, which operates a fleet of ferries through the Superfast Ferries, Blue Star Ferries and Africa Morocco Link (AML), reported that in the third quarter of this year the volumes traffic generated by their ships has decreased significantly, with a reduction of -45% in passengers, of -30% private cars and -16% of heavy goods vehicles.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
