Piraeus Port Authority presented its fiscal year 2025 financial results to the Hellenic Fund and Asset Management Association at Euronext Athens, with the presentation led by Deputy CEO Angelos Karakostas and followed by a discussion with institutional investors and analysts on the port’s business performance and outlook.
The company recorded its highest-ever revenue and EBITDA figures for the second consecutive year. Total revenue reached EUR€250.8 million, an increase of 8.6 percent or EUR€19.9 million compared to EUR€230.9 million in 2024.
EBITDA grew 2.2% to EUR€132.3 million, while profit after tax declined marginally by 1.5% to EUR€86.2 million.
The Board has proposed a dividend of EUR€1.896 per share, maintaining the company’s policy of distributing 55% of net profit to shareholders.
Record performance was recorded across two key operational segments. The cruise sector reached an all-time high of 1.86 million passengers, reinforcing Piraeus’s standing as a leading cruise hub in the Eastern Mediterranean.
Pier I, the directly managed container terminal, also set a throughput record of 664,581 TEUs.
These results were achieved despite a 28.4% decline in ferry sector revenue, following a reduction in port fees from May 2025 introduced at the request of the Ministry of Maritime Affairs and Insular Policy to support the affordability of ferry ticket prices, a measure in which PPA participated within the framework of its corporate social responsibility commitments.
The presentation underscored the company’s resilience in a challenging international environment and its continued programme of infrastructure investment aimed at modernising the port and sustaining its leading role in the Eastern Mediterranean maritime economy.
