The company “Thessaloniki Port Authority S.A..” (THPA S.A. or the “Company”), the operator of the Port of Thessaloniki, a member of the Core Network of the Trans-European Transport Networks and a Port of International Interest, with an active role in economic activity in the wider region of Southeastern and Central Europe, announced its financial results for the first half of 2026.
Specifically, following the approval of the Semi-Annual Financial Report by the Board of Directors (BoD) on 25.09.2026, it is announced that the Group’s total consolidated revenues for the first half of 2026 increased significantly by 8.9% to €58 million, from €53.3 million in the first half of 2025.
Regarding the revenue analysis by sector, the container terminal (S.EMPO) recorded a significant revenue increase of 12.1% (to €43.6 million from €38.9 million), the conventional cargo terminal showed a slight decrease of 3.4% (to €11 million from €11.4 million), which is due to a market shift and further unitization of cargoes, the space exploitation sector recorded a significant increase of 22.9% (to €2.7 million from €2.2 million) and passenger traffic (cruise & coastal shipping) recorded a slight decrease of 4% (to €0.7 million from €0.73 million).
Regarding the Group’s performance, a net increase in profitability was recorded at all levels: Gross Profit increased by 5.5%, to €26.5 million from €25.1 million, Operating Profit (EBITDA) increased by 4.9% to €26.1 million from €24.9 million and the Group’s Net Profit after tax increased by 3.5%, to €16.5 million from €15.9 million.
The capital expenditure program for the first half of 2026 amounts to €16 million, marking a significant increase from the amount of €5.2 million in the corresponding half of 2025, with the completion of the purchase of the eight new stacking vehicles, other mechanical equipment and the commencement of works on the project for the expansion of Pier 6, while it is expected to increase further in the second half, with the continuation of the implementation of the investment plan.
The CEO of THPA S.A. Dr. Ioannis Tsaras, stated:
“The strong financial and operational performance of the first half of 2026, following a particularly successful year, confirms the steady growth course of THPA S.A. It constitutes proof of the consistency with which our vision defines the strategic direction and is transformed into tangible results. Decisive in this course is the daily, combined effort of the Company’s people, who drive every step of this progress.
At the same time, we are focusing on the implementation of our investment planning, the most important part of which is the strengthening of our mechanical equipment and, above all, maintaining the dynamic pace of construction of the Pier 6 expansion. With eight caissons already installed and the ninth under construction, the most important investment in the history of the Port of Thessaloniki already has a visible form and constitutes the most tangible expression of the transformation taking place.
We continue with consistency and dedication, strengthening the Port’s operational capabilities, the competitiveness and the economic identity of Thessaloniki as a strategic gateway for trade and combined transport for Southeastern and Central Europe.”