In 2025, the ELLAKTOR Group consistently continued its strategic transformation, completing divestments from activities with high capital requirements and significantly strengthening its financial position, CEO Mr. Efthymios Bouloutas underlined at Ellaktor’s annual general meeting.
As he emphasized, today, the Group has a strong capital structure, with no bank borrowing, limited exposure to exogenous risks and increased flexibility to capitalize on new opportunities. At the same time, it is focusing on Real Estate Development and Management, as well as on activities linked to hospitality and tourism, sectors in which Greece has strong competitive advantages and significant growth prospects.
Important events of 2025
- Completion of the sale transaction of HELECTOR to Motor Oil, in January 2025 for a consideration of €113.8 million,
- 2nd return of capital to shareholders: Payment of €296 million to shareholders (€0.85/share) in March 2025.
- Sale of AKTOR CONCESSIONS: Completion of the transfer of 100% of the company to AKTOR SPECIAL PROJECTS CONCESSIONS PPP SINGLE-MEMBER S.A. The value (Enterprise Value) was set at €374.3 million, while the final consideration amounted to €194.6 million.
- Sale of the properties in Crete (Gournes) and Attica (Kambas): Agreement with DIMAND for the sale of properties in Attica (Kambas) and in Crete (Gournes). Completion of the transfer of the plot in Crete (Gournes) for a consideration of €40.1 million (September 2025)
- Interim dividend for fiscal year 2025: Payment of €174 million to shareholders (€0.50/share) in December 2025.
Important business developments of 2026 as a natural continuation of the Group’s transformation
- Sale of properties in Attica (Kambas): Completion of the transaction with DIMAND for the properties in Attica (Kambas) for a consideration of €45.8 million (February 2026)
- Acquisition of a leased office building from PRODEA at 15 Vasilissis Sofias Ave. in central Athens (8,546.88 sq.m.) for a consideration of €44.0 million (March 2026)
- Opening of The Fiction Athens: Commencement of operation of a 5* hotel in one of the most important business and commercial hubs in Marousi (March 2026)
- Completion of the sale, through a tender process conducted by the Growthfund for the housing of the “Athena” Research Center, of the ETHNOS building (Benaki building) for €19 million.
In the field of Sustainable Development in 2025, the Group
- Was included for the 2nd time in the national list of “The 50 Most Sustainable Companies in Greece” for 2025 by QualityNetFoundation
- Achieved an Overall A Score on the Synesgy platform for the second consecutive year, among companies with top performance on environmental, social and governance issues.
- Recorded 19.9% environmentally Taxonomy-aligned activities based on turnover
- Received a “B” score from the CDP (Carbon Disclosure Project) for disclosing data related to climate change for the 3rd consecutive year
- At the same time, the ELLAKTOR Group’s short-term targets for reducing greenhouse gas emissions were validated by the Science Based Targets initiative (SBTi)
Group financial results for 2025
- The Group’s turnover in 2025 amounted to €89.2 million, of which €18.6 million came from continuing operations compared with
- The Group’s EBITDA amounted to losses of €11.6 million.
- Net profit after taxes amounted to €152.1 million (compared with €57.4 million in 2024), including capital gains from completed transactions of €187.3 million.
Strong cash position and capital structure of the Group with:
- Net Cash Position amounting to €280.5 million
- And Total Equity at €486 million / €1.40 per share
As the CEO of the listed company stressed, “The ELLAKTOR Group is entering a new phase of growth, making disciplined use of its available capital and adopting a flexible strategy adapted to current market conditions.
The focus is on Real Estate, hospitality and tourism, sectors with strong growth prospects and attractive returns.
Leveraging its experience and expertise, the Group is focusing on activities with greater resilience and predictability, while projects such as the redevelopment of Alimos Marina and investments in luxury hotel units reflect its new strategic direction.
These investments capitalize on Greece’s competitive advantages as an international tourist destination and focus on products of high added value and stable demand.
With sustainable development as its guiding principle, the Group is creating a diversified portfolio of activities that strengthens long-term profitability and creates lasting value for the economy, society, its employees and its shareholders,” Mr. Bouloutas underlined.