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Piraeus Port Authority SA (OLPr.AT)

OLPr.AT on Athens Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Piraeus Port Authority FY 2016 net profit falls to 6.7 mln euros
Thursday, 16 Feb 2017 10:54am EST 

Piraeus Port Authority SA : FY 2016 net profit at 6.7 million euros ($7.14 million)versus 8.4 million euros last year .Net cash on Dec. 31, 2016 at 43.8 million euros versus 59.4 million euros.  Full Article

Piraeus Port Authority FY 2016 sales grow to 103.5 mln euros
Thursday, 16 Feb 2017 09:55am EST 

Piraeus Port Authority SA : FY 2016 turnover at 103.5 million euros versus 99.9 million euros ($106.41 million) year ago . FY 2016 gross profit at 11.0 million euros versus 9.8 million euros year ago Further company coverage: [OLPR.AT] ($1 = 0.9388 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Piraeus Port H1 gross profit up 5.6 pct y/y
Monday, 26 Sep 2016 09:42am EDT 

Piraeus Port Authority SA : H1 turnover 46.2 million euros ($51.96 million) versus 48.7 million euros year ago . H1 net profit 1.6 million euros, burdened by the outcome of litigation cases, which are not expected to affect results of next years . H1 gross profit up 5.6 percent at 12.7 million euros versus year ago Further company coverage: [OLPr.AT] ($1 = 0.8891 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Piraeus Port Authority names Fu Chengqiu new CEO
Wednesday, 10 Aug 2016 10:09am EDT 

Piraeus Port Authority SA :Names Fu Chengqiu new CEO.  Full Article

Piraeus Port Authority names Wan Min chairman of the board
Wednesday, 10 Aug 2016 09:59am EDT 

Piraeus Port Authority SA :Names Wan Min chairman of the board.  Full Article

Piraeus Port Authority to pay dividend of EUR 0.10026 per share
Thursday, 30 Jun 2016 09:28am EDT 

Piraeus Port Authority SA : To pay FY 2015 net dividend of 0.10026 euro ($0.1113) per share . Sets as record date July 19 Further company coverage: [OLPr.AT] ($1 = 0.9008 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Sale of 67 pct of Piraeus Port Authority SA to Cosco -ATHMAC
Friday, 22 Jan 2016 12:29am EST 

Piraeus Port Authority SA:Says Hellenic Republic Asset Development Fund decides to accept Cosco's improved offer worth 368.5 million euros for the purchase of a 67 percent in Piraeus Port Authority SA -ATHMAC.Says the new Piraeus Port Authority SA, under its new shareholding composition, will pay 3.5 percent of its annual turnover to the Greek state.  Full Article

Greece delays Piraeus Port sale upon investor request-Reuters
Thursday, 19 Nov 2015 08:13am EST 

Piraeus Port Authority SA:Greece pushes back the date for the submission of binding bids for the sale of its biggest port Piraeus (OLP) by two weeks to Dec. 15 upon investor request, the head of its privatization agency says-Reuters.China's Cosco Group , Danish container terminal operator APM Terminals and Philippines-based International Container Terminal Services were to submit bids on Dec. 3 for a 51 percent stake in OLP.Investors ask for a two-week extension to have enough time to check (the company's) financial data says the head the privatization agency, Stergios Pitsiorlas.  Full Article

Piraeus Port Authority SA - Greek dock workers walk out over privatisation - Reuters
Wednesday, 21 Oct 2015 09:05pm EDT 

Piraeus Port Authority SA:Greek dock workers walked out on Thursday in protest at the planned privatisations of the country's two biggest ports, a condition of a multi-billion euro bailout from international lenders - RTRS.Setting a date to submit binding bids for Piraeus and Thessaloniki ports is one of the actions that Athens needs to conclude its first bailout review and unlock more funds for its 86 billion euro bailout - RTRS.Shipping ministry officials said the industrial action did not appear to be disrupting traffic at the ports - RTRS.A statement from the dock workers' labour union vowed to avert privatisations and accused the government of attempting to sell out to "foreign owned monopolies" - RTRS.China's Cosco Group, Danish container terminal operator APM Terminals and Philippines-based International Container Terminal Services, which were shortlisted in an expression of interest process, have until Oct. 30 to submit binding bids for a 51% stake in OLP - RTRS.  Full Article

Piraeus Port Authority FY 2014 net dividend at 0.0891 euro per share
Monday, 22 Jun 2015 10:25am EDT 

Piraeus Port Authority SA:Announces FY 2014 net dividend of 0.0891 euro per share.Sets dividend's record date June 26, ex-dividend date June 25 and payment date July 2.  Full Article

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