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Public Power Corporation SA

DEHr.AT

Latest Trade

2.79EUR

Change

-0.01(-0.36%)

Volume

99,758

Today's Range

2.78

 - 

2.84

52 Week Range

1.11

 - 

3.16

As of on the Athens Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
2.80
Open
2.83
Volume
99,758
3M AVG Volume
22.93
Today's High
2.84
Today's Low
2.78
52 Week High
3.16
52 Week Low
1.11
Shares Out (MIL)
232.00
Market Cap (MIL)
644.50
Forward P/E
-3.17
Dividend (Yield %)
--

Next Event

Q2 2019 Public Power Corporation SA Earnings Release

Latest Developments

More

Greek Public Power Corp says it repaid a 350 million euro bond

Public Power Copr. says no plan to sell power distribution operator

Greece's Public Power Corp. to buy stake in wind parks

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About Public Power Corporation SA

Public Power Corporation SA (PPC) is a Greece-based company, which is engaged in the generation, transmission and distribution of electricity. PPC Group generates electricity from the over 60 main power generating stations of the parent company as well as from additional stations, such as wind parks, small hydro stations and photovoltaic plants that belong to its wholly owned subsidiary PPC Renewables. Furthermore the Company transmits electricity through its approximately 12,000 kilometers long high voltage system, out of which approximately 11,000 kilometers are owned by its wholly owned subsidiary Independent Power Transmission Operator (IPTO SA). In addition the Company distributes electricity to consumers through its approximately 200,000 kilometers long distribution network of medium and low voltage, which are managed by its wholly owned subsidiary Hellenic Distribution Network Operator (HEDNO SA).

Industry

Electric Utilities

Contact Info

30 CHALKOKONDYLI St.

+30.21.05230301

https://www.dei.gr

Executive Leadership

Emmanouel M. Panagiotakis

Executive Chairman of the Board of Directors & Chief Executive Officer

Dimitrios Tzanninis

Deputy Chief Executive Officer supervising the Finance Division, Support Operations Division and the Strategy and Transformation Division, Executive Member of the Board of Directors

Kostakis Th. Grigorios

Deputy Chief Executive Officer supervising the Mines, Generation and Supply Business Units and the Corporate Development Division

Georgios A. Andriotis

Independent Non-Executive Vice Chairman of the Board of Directors

Alexandra L. Konida

Chief Financial Officer

Key Stats

3.25 mean rating - 4 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2016

5.3K

2017

5.0K

2018

4.7K

2019(E)

4.8K
EPS (EUR)

2016

0.290

2017

0.380

2018

-2.340

2019(E)

-0.875
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.14
Price To Book (MRQ)
0.16
Price To Cash Flow (TTM)
5.59
Total Debt To Equity (MRQ)
100.22
LT Debt To Equity (MRQ)
80.92
Return on Investment (TTM)
-4.82
Return on Equity (TTM)
-3.68

Latest News

Incoming Public Power Corp CEO vows to tackle 'dramatic' cash shortfall

The new head of Greece's Public Power Corp (PPC) said on Thursday his priority was to tackle a "dramatic" cash shortfall at the state-controlled utility by the end of next year.

Greece to overhaul troubled utility Public Power Corp: minister

Greece unveiled on Monday a plan to overhaul loss-making state-controlled Public Power Corp. (PPC) to shore up its finances, including voluntary redundancies and selling shares in its distribution network.

Greece will work on a 'rescue plan' for Public Power Corp.: energy minister

Greece's newly-elected conservative government will work on a plan to help state-controlled utility Public Power Corp. (PPC), which is "on the verge of collapse", incoming energy minister Kostis Hatzidakis said on Tuesday.

Public Power Corp. dismisses newspaper report it needs funds

Public Power Corp. (PPC), Greece's dominant power utility, on Thursday dismissed a newspaper report saying it urgently needed funds.

PPC seeks capacity mechanism from EU for Greek coal unit

Greece's Public Power Corp (PPC) said on Wednesday that a 1.4 billion euro ($1.6 billion) coal-fired plant project is at risk without a capacity remuneration mechanism, following a jump in carbon emissions costs.

Public Power Corp says to repay bond due in May, operations continuing

Greek power utility Public Power Corp (PPC) said on Wednesday that it will repay a bond due next month and that its operations and spending plan will continue smoothly.

UPDATE 1-Greece's Public Power Corp mulls securitising overdue bills

Greek utility Public Power Corp (PPC) is considering the securitisation of part of its backlog of unpaid bills, it said in a bourse filing on Thursday, as repayment looms next month on an existing bond.

Public Power Corp mulls securitising overdue bills to tap bond markets - paper

Public Power Corp (PPC) is considering securitising part of its backlog of unpaid bills and using them as a guarantee to tap bond markets later this year, a Greek newspaper reported on Thursday.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

Greece's PPC receives six expressions of interest in coal-fired power plants

Greece's Public Power Corp (PPC) on Friday received six expressions of interest in three coal-fired power plants it is selling under a post-bailout agreement with its international lenders.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:

Greece's Public Power relaunches coal-fired power plants sale

Greece's Public Power Corp (PPC) relaunched the sale of three coal-fired power plants on Friday with a March 15 deadline for expressions of interest, after a previous tender last month failed to attract any satisfactory bids.

UPDATE 3-Greece's Public Power seeks higher price from two bidders for coal plants

* One bid from Greece's GEK Terna, Czech Seven Energy, sources say

EU allows Greece to postpone deadline for coal plant bids

The European Commission has allowed Greece's Public Power Corp. (PPC) to postpone to late January a deadline for binding bids for three coal-fired plants, an energy ministry source said on Tuesday.

Public Power says it will continue supplying Greek nickel producer Larco until Jan. 11

Greece's Public Power Corp (PPC) will continue to supply debt-laden Larco, Europe's biggest nickel producer, with electricity until next month, extending a previous deadline which expires later on Monday.

Public Power saves Greek nickel producer Larco from immediate shutdown

Greece's Public Power Corp. (PPC) <DEHr.AT> will not cut the electricity supply to Larco before the start of the new year as the government works on a plan to avert a closure of Europe's biggest nickel producer, the utility said late on Wednesday.

Greece gets informal EU approval to push back sale of coal-fired plants: source

The European Commission has informally allowed Greece's Public Power Corp. (PPC) to extend the deadline for binding bids for three coal-fired plants by three weeks, an energy ministry source said on Monday.

UPDATE 1-Greece's Public Power Corp shrinks first-half loss on lower provisions

Greece's Public Power Corp. (PPC) on Tuesday reported a smaller first-half loss on the back of lower provisions for bad debt.

Greek utility Public Power gets 6 expressions of interest for coal-fired units

Public Power Corp. (PPC) , Greece's dominant power utility, has received six expressions of interest for about 40 percent of its coal-fired capacity being sold under Greece's international bailout, it said on Thursday.

Greek utility PPC refinances 1.37 bln euro debt at lower interest

Greece's Public Power Corp. (PPC) agreed with Greek banks to refinance an outstanding syndicated bond of 1.2 billion euros ($1.39 billion) with a new five-year credit facility, the utility said on Thursday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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