Thessaloniki Port Authority reports revenue growth in H1 2026

Thessaloniki Port Authority (OLTH) has reported its financial results for the first half of 2026, showing growth across several key metrics. Consolidated revenues increased by 8.9%, reaching €58 million compared to €53.3 million in the first half of 2025.

Revenue performance varied by sector. The container terminal saw a significant revenue increase of 12.1%, rising to €43.6 million. Space exploitation revenues grew by 22.9% to €2.7 million. Conversely, conventional cargo terminal revenues decreased by 3.4% to €11 million, and passenger traffic (cruise and ferry) saw a slight decline of 4% to €0.7 million.

Profitability also improved across the board. Gross profits rose by 5.5% to €26.5 million, EBITDA increased by 4.9% to €26.1 million, and net profits after tax grew by 3.5% to €16.5 million.

Capital expenditure for the first half of 2026 reached €16 million, a substantial increase from €5.2 million during the same period in 2025. This investment includes the purchase of eight new stacking vehicles and mechanical equipment, as well as the commencement of expansion works for Pier 6.