kathimerini.gr
GEK TERNA Projected for Significant Growth, Reaching €3.2 Billion Valuation
Piraeus Securities projects GEK TERNA's 2025 turnover at €3.5 billion and EBITDA at €605 million, rising to €2.4 billion and €612 million respectively in 2026, driven by concessions and a Motor Oil partnership; a sum-of-the-parts valuation estimates the group's worth at €3.2 billion.
- What are the key financial projections for GEK TERNA in the coming years, and what are the main drivers of this growth?
- GEK TERNA group is projected to achieve a turnover of €3.5 billion and EBITDA of €605 million in 2025, with net profits of €136 million, according to Piraeus Securities analysis. For 2026, following a recent energy agreement with Motor Oil, turnover is expected at €2.4 billion, EBITDA at €612 million, and net profits at €195 million.
- How does the strategic partnership with Motor Oil impact GEK TERNA's energy sector valuation and overall financial outlook?
- Piraeus Securities forecasts strong growth for GEK TERNA, driven by concessions and strategic partnerships. The group's 2028-2029 EBITDA is estimated at €800 million, and net profit at €300 million, reflecting the contribution of projects like the Egnatia Odos and the Hellinikon IRC.
- What are the long-term implications of GEK TERNA's significant investments in concessions, and how will this affect the company's future financial performance and market position?
- The significant increase in GEK TERNA's projected cash flow, exceeding €1 billion by 2030, is directly linked to the maturation of concession projects, such as Egnatia Odos and Hellinikon IRC, strengthening the company's financial position and supporting its expansion.
Cognitive Concepts
Framing Bias
The analysis presents a highly positive outlook on GEK TERNA's future, emphasizing strong financial projections and a significant increase in value. The headline (if one were to be constructed) would likely be framed positively. The use of terms like "enίσχυση" (strengthening) and the focus on rising revenues and profits contributes to this positive framing. While accurate reporting of financial projections, the lack of counterbalancing information skews the overall presentation.
Language Bias
The language used is largely neutral and factual, presenting financial data and projections from Piraeus Securities. While positive terms like "enίσχυση" are used, this is expected within a financial analysis projecting growth. The overall tone is positive but objectively reports the findings.
Bias by Omission
The analysis focuses primarily on financial projections and valuations provided by Piraeus Securities, without exploring alternative perspectives or potential risks. While the positive outlook is presented, counterarguments or dissenting opinions are absent. The omission of potential downsides, such as regulatory changes or economic downturns, limits the reader's ability to form a fully informed opinion.
Sustainable Development Goals
The projected increase in turnover and profits for GEK TERNA indicates positive economic growth and likely job creation within the construction, energy, and concessions sectors. The significant investments and expected cash flows contribute to economic activity and development.