The Greek shipping group Attica Holdings Inc. filed the first half of 2022 with negative sign financial results despite a sharp increase in revenues that rose 64.9% percent in the first half of last year, but the company said it was not yet in the process of making a profit. have marked consistent positive variations even compared to the corresponding semesters of the annual exercises prior to the Covid-19 pandemic that had an exceptional negative impact on shipping companies, such as Attica, engaged in the transport of passengers and rotatable. The negative performance is the effect of a corresponding and heightened increase in operating costs, which has been determined in particular, the group explained-from the continuation of the price of the price of fuel oil consumed by ships that in the first semester of 2022 was 99% higher than in the same period last year.

In the first six months of this year, the revenues of the Hellenic Group amounted to 201.4 million euros compared to 122.2 million in the first half of 2021, with growth that, if compared with last year, was 64.9% percent, compared with the first half of the year. 2020, when the activity had already blamed the impact of the health crisis, was 72.2% percent, but in increments of 22.8% percent and 53% percent respectively compared to the first semesters of 2019 and 2018 percent when the international health emergency had not yet begun.

The increase in revenues totaled in the first half of 2022 mainly contributed to both the sales gains of the maritime crossings in the national area to 137.6 million euros (+ 56.8%, + 66.0%, + 17.0% and 51.5% respectively on the first semesters of 2021, 2020, 2019 and 2018), that those of the sales of international crossings resulted in EUR 57.1 million (+ 85.8%, + 84.3%, + 40.8% and 61.3%). In the first six months of this year, operating costs amounted to 211.9 million euros (+ 62.3%, + 78.2%, + 45.0% and 84.9%).

In the first half of this year, EBITDA values, EBIT and net economic result were all negative and equal to -9.6 million, -34.5 million and -30.5 million euros respectively against negative sign results. for -4.4 million, -29.0 million and -34.0 million euros in the first six months of 2021.

In the first half of 2022 the ships of the Greek group, operated with the Superfast Ferries, Blue Star Ferries, Africa Morocco Link (AML) and Hellenic Seaways brands carried 2.1 million passengers, with growth of +108% and around 91% on the first semesters of 2021 and 2020, with a -16.0% decline in the first half of 2019 and an increase of 2.4% percent on the first half of 2018. In addition, the fleet transported 352mila private cars (+ 56%, + 92%, + 3% and 26%) and 208mila units of cargo (+ 16%, + 28%, + 8% and 24%).

We recall that in recent days Attica has agreed with the creditors of the Anek connational and with the shareholders of the company representing 57.7% of Anek's share capital the merger by incorporation of the Anek ( of the September 21 2022). Attica and Anek have long been operating in joint service in the maritime links in the Adriatic and with the island of Crete.