Despite the ongoing Red Sea crisis and regional instability, Piraeus Port Authority S.A. (PPA) achieved a historic financial performance in 2025, with total revenue climbing 8.6% to reach €250.8 million. EBITDA rose to €132.3 million, demonstrating remarkable corporate resilience. The Board has proposed a stable dividend of €1.896 per share, maintaining its commitment to returning 55% of net profit to shareholders.
Growth was primarily driven by the cruise sector, which hit an all-time high with a 24.8% revenue surge, and Pier I, which achieved net profitability for the first time following a 17.0% revenue boost. While the ferry sector saw a 28.4% revenue drop due to a strategic reduction in port fees to support domestic ticket pricing, passenger volumes continued to rise. Although ship repair and car terminal revenues saw slight declines due to maintenance shutdowns and high 2024 benchmarks, transshipment cargo grew by 17.6%.
The CEO of PPA S.A., Mr. Su Xudong, stated: “The year 2025 confirmed the Company’s steady growth trajectory, delivering strong financial and operational performance. Despite a challenging international environment, we achieved new positive results, while continuing to invest systematically in the future of the port. This demonstrates the strength of our strategy and the dedication of PPA employees. We remain committed to consistently implementing our strategy, creating value for our shareholders and supporting the long-term growth of the port and the Greek economy”.
ELNAVI Newsletter
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