The construction sector in Greece is on a strong trajectory, while the backlog of projects through Public-Private Partnerships (PPP) is the largest we have ever seen, said AKTOR Group chairman and chief executive officer Alexandros Exarchou.
Speaking in a conference call on the occasion of the presentation of the results for the first half of the year, Mr. Exarchou said that the completion of the agreement with Motor Oil, which was signed in August, is expected in the first quarter of 2027, subject to approval by the Competition Commission.
Prospects
As regards the second half of the year, he stressed that “we expect it to be equally strong as the first, while at the revenue level we anticipate even higher performance. We remain firm in our estimate for adjusted EBITDA of 375-425 million euros in the medium term.”
“We are starting our next investment phase with cash reserves of 1.1 billion euros”, management also stressed.