The Management of ThPA S.A. (ThPA), presented on the Analyst Day, Μarch 29th, 2022, via teleconference from the Company’s premises, the financial results of 2021. During the second year of the Covid-19 pandemic, the overall activity level of the Port increased at a satisfactory rate, leading to increased revenues and profits compared to 2020, presenting the following highlights:

  Company Group
Amounts in (€ '000) 2020 2021 Change (%) 2020* 2021 Change (%)
Financials            
Total Revenue: 71.724 76.890 7,2% 71.724 77.863 8,6%
Container Terminal 49.730 51.060 2,7% 49.730 52.033 4,6%
Conventional Cargo Terminal 20.221 23.526 16,3% 20.221 23.526 16,3%
Facilities Rentals 1.582 1.902 20,2% 1.582 1.902 20,2%
Passenger Traffic 191 402 110,5% 191 402 110,5%
             
Gross Profit 33.916 36.969 9,0% 33.916 36.182 6,7%
Gross Profit Margin (%) 47,3% 48,1%   47,3% 46,5%  
             
EBITDA 30.932 34.722 12,3% 30.932 33.444 8,1%
EBITDA Margin (%) 43,1% 45,2%   43,1% 43,0%  
             
Net Profit after tax 20.092 21.100 5,0% 20.092 19.787 -1,5%
Net Profit Margin (%) 28,0% 27,4%   28,0% 25,4%  
Note for Group figures: 2020* relates to parent company data only      

In 2021 compared to 2020, the activity level in volumes handled increased for the Container Terminal:

In 000's TEUs

2020

2021

% Change

Imports/Exports

389.222

393.657

1,1%

Transit

71.446

76.988

7,8%

Transshipment

112

418

273,2%

Total Containers (TEUs)

460.780

471.063

2,2%

the activity level in volumes increased also for the Conventional Cargo Terminal:

In 000’s tons

2020

2021

% Change

Dry Bulk

3.061

3.511

14,7%

General Cargo

622

662

6,3%

Liquid Bulk

57

64

11,8%

Total tons

3.741

4.236

13,3%

and the traffic in the Passenger Terminal posted a significant increase also, with 77 thousand passengers, a record year for passenger arrivals, a record year for the container terminal and also for the total revenues for the Port of Thessaloniki.

For 2022, 62 confirmed cruise arrivals are expected, compared to 17 in 2021.

In addition, the following were presented in detail:

The Management of ThPA is focused on a series of new implementations, indicatively:

Presentation of the Analyst Day [pdf]