GEK Terna: Profitability will be beyond expectationsGEK Terna (GEKTERNA), the national champion in the infrastructure and concessions sector, will appear even stronger in 2025, with Attiki Odos and Egnatia Odos starting to fill its coffers.
Of great interest is the analysis by Eurobank Equities, which predicts the group's revenues to increase from 2.96 billion euros in 2024 to 3.3 billion euros in 2025 and 3.6 billion euros in 2026, with its profitability, however, "breaking them". Specifically, EBITDA profits are expected to increase by +38%, from 452.4 million euros in 2024 to 623.8 million euros (!) in 2025 and to 692.5 million euros in 2026. euros in 2026.
The concessions sector is expected to be the spearhead of the group for the coming years, an element that would easily lead the management to decide to list it on the Stock Exchange. A sector that is expected to bring operating profits of more than 480 to 500 million euros (!).
In the long-term diagrammatic analysis, we have a strong upward channel “D”, which has governed the share price since January 2016. An 8-year formation that pushes the share higher and higher, breaking through the gates of 7.56 euros, 10.18 euros, 14.18 euros and is now approaching 20.25 euros, which will lead to 24.70 euros.