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19 January 2019 The on-line newspaper devoted to the world of transports 17:17 GMT+1

April 30, 2018

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The cost of the fuel hung on economic account 2017 of the shipowning group Greek Attica

Ok of the Greek authority antitrust to the acquisition of ulterior a 48.53% of the capital of the Hellenic Seaways Maritime

Last year the 15 ferry boats that are under responsibility of the Greek group Attica, than work marine services through the companies Superfast Ferries, Blue Ferries Star and Africa Morocco Links (AML) of which it possesses respective 100%, 100% and 49% of the share capital, have more transported than 4,1 million passengers (+2.2% on 2016), 636 thousand private motors vehicle (+5.7%) and 301 thousand cargo unit (+3.5%). The Greek group has specified that on the routes in the Adriatic, in particular on the lines Patrasso-Igoumenitsa-Ancona and Patrasso-Igoumenitsa-Bari (in joint service with the Greek company Anek Lines), in which the departures are increased of +2.6% regarding 2016, the traffic of the passengers has recorded an increase of +17.3%), that of the private cars is increased of +17.0%, while the cargo units are gone up of +8.0%. On the Greek national routes, in which the departures have grown of +3.4%, the passengers are increased of +0.8%, the private cars of +4.0% and the cargo units of +1.5%.

In the 2017 revenues of the Attica group they have marked a rise of +1.1% having attested to 271,5 million euros regarding 268,6 million euros in the exercise anniversary precedence. The costs are increased of +12.7% to 211,5 million euros. The EBITDA has turned out pairs to 50,4 million euros (- 28.1%) and the profit after the taxes to 1,2 million euros (- 93.8%). Attica has specified that the decrease of the results is attributable mainly to the increment of the cost of the fuel that has had an impact negative on the accounts pairs to 22 million euros.

Attica has announced moreover that past Wednesday the Greek authority antitrust has approved of the project announced last October for the acquisition by Attica of an ulterior quota pairs to 48.53% of the share capital of the company of Greek navigation Hellenic Seaways Maritime (HSW) prisoner from the Minoan Lines, company of the Neapolitan shipowning group Grimaldi(on 27 October 2017). In the precedence month of Attica August had signed an agreement with Piraeus Bank and other shareholders of HSW in order to buy actions of the Maritime Hellenic Seaways pairs to 50.30% of the vital total(on 16 August 2017).

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