Greece: Diverse H1 2026 corporate earnings and debt reports

Various Greek companies and economic institutions have reported financial results for the first half of 2026.

In the corporate sector, ECTER reported a 42.4% increase in turnover to €59.6 million, driven by construction contracts. Orilina Properties achieved record results with a turnover of €20.3 million and net profits exceeding €9 million, aided by sales at the Marina Residences project. Intracom Holdings reported pre-tax profits of €10.6 million, noting an ongoing merger process involving Europe Holdings and CrediaBank. OLP saw revenues of €111.9 million and net profits of €35.4 million, despite an 8.9% revenue decline compared to 2025. Pairis reported a return to profitability with a consolidated turnover of €6.46 million.

In the industrial and steel sectors, Sidma Metallurgiki saw an 80.6% increase in EBITDA, while Elastron reported a 95.5% surge in EBITDA to €9.4 million.

On a macroeconomic level, IOBE reported that total private debt in Greece reached €420.9 billion in Q1 2026, representing 169% of GDP. Non-performing loans (NPLs) decreased to 28.4%. The real estate market remains dynamic, with housing prices rising by 5.8% nationally and a doubling of new mortgage disbursements in the second quarter of 2026.