{"id":248789,"date":"2024-11-01T07:41:44","date_gmt":"2024-11-01T05:41:44","guid":{"rendered":"https:\/\/maritimes.gr\/?p=248789"},"modified":"2024-11-01T07:41:44","modified_gmt":"2024-11-01T05:41:44","slug":"ppa-sa-basic-financial-results-and-developments-for-the-third-quarter-2024-new-record-levels-of-revenue-and-profits","status":"publish","type":"post","link":"https:\/\/maritimes.gr\/en\/ppa-sa-basic-financial-results-and-developments-for-the-third-quarter-2024-new-record-levels-of-revenue-and-profits\/","title":{"rendered":"PPA SA:  Basic Financial Results and Developments for the Third Quarter 2024-New Record levels of Revenue and Profits"},"content":{"rendered":"<p>PPA S.A. announces financial results for the third quarter of 2024, focusing on the financial performance and strategic developments which configures its growth.<\/p>\n<p>The Company continues its upward growth, achieving historically high performances that clearly reflect the successful implementation of its Management&#8217;s plans, despite the ongoing challenges which faces. More specifically, the main characteristics of the reported period are:<\/p>\n<p>\u00fc\u00a0 Significant improvement in revenues, which recorded a new historic high level<\/p>\n<p>\u00fc\u00a0 Effective management of expenses by keeping their change at a lower level than the increase in turnover<\/p>\n<p>\u00fc\u00a0 Impressive improvement of its profitability indicators, while maintaining its financial strength and strong liquidity<\/p>\n<p><strong>1.Key financial indicators<\/strong><\/p>\n<p>a)\u00a0\u00a0\u00a0\u00a0\u00a0 PnL: Ytd 3rd Quarter 2024 vs Ytd 3rd Quarter 2023<\/p>\n<ol>\n<li><\/li>\n<\/ol>\n<table style=\"height: 544px;\" width=\"803\">\n<tbody>\n<tr>\n<td width=\"137\"><strong>Amounts in \u20ac<\/strong><\/td>\n<td width=\"118\"><strong>01.01 &#8211; 30.09.2024<\/strong><\/td>\n<td width=\"118\"><strong>01.01 &#8211; 30.09.2023<\/strong><\/td>\n<td width=\"70\"><strong>% \u0394<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"137\"><strong>P&amp;L Figures<\/strong><\/td>\n<td width=\"118\"><strong>\u00a0<\/strong><\/td>\n<td width=\"118\"><strong>\u00a0<\/strong><\/td>\n<td width=\"70\"><strong>\u00a0<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"137\">Revenue<\/td>\n<td width=\"118\">174.926.379<\/td>\n<td width=\"118\">164.694.755<\/td>\n<td width=\"70\">6,2%<\/td>\n<\/tr>\n<tr>\n<td width=\"137\">Gross Profit<\/td>\n<td width=\"118\">104.986.680<\/td>\n<td width=\"118\">99.373.243<\/td>\n<td width=\"70\">5,6%<\/td>\n<\/tr>\n<tr>\n<td width=\"137\">EBITDA<\/td>\n<td width=\"118\">103.258.714<\/td>\n<td width=\"118\">99.877.018<\/td>\n<td width=\"70\">3,4%<\/td>\n<\/tr>\n<tr>\n<td width=\"137\">EBIT<\/td>\n<td width=\"118\">88.865.029<\/td>\n<td width=\"118\">85.854.611<\/td>\n<td width=\"70\">3,5%<\/td>\n<\/tr>\n<tr>\n<td width=\"137\">EBT<\/td>\n<td width=\"118\">90.874.092<\/td>\n<td width=\"118\">83.779.821<\/td>\n<td width=\"70\">8,5%<\/td>\n<\/tr>\n<tr>\n<td width=\"137\">EAT<\/td>\n<td width=\"118\">70.199.378<\/td>\n<td width=\"118\">65.882.840<\/td>\n<td width=\"70\">6,6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ol>\n<li><strong>PnL: 3<sup>rd<\/sup> Quarter 2024 vs 3<sup>rd <\/sup>Quarter 2023<\/strong><\/li>\n<\/ol>\n<table style=\"height: 543px;\" width=\"802\">\n<tbody>\n<tr>\n<td width=\"140\"><strong>Amounts in \u20ac<\/strong><\/td>\n<td width=\"115\"><strong>01.07 &#8211; 30.09.2024<\/strong><\/td>\n<td width=\"115\"><strong>01.07 &#8211; 30.09.2023<\/strong><\/td>\n<td width=\"72\"><strong>% \u0394<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"140\"><strong>P&amp;L Figures<\/strong><\/td>\n<td width=\"115\"><strong>\u00a0<\/strong><\/td>\n<td width=\"115\"><strong>\u00a0<\/strong><\/td>\n<td width=\"72\"><strong>\u00a0<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"140\">Revenue<\/td>\n<td width=\"115\">67.867.129<\/td>\n<td width=\"115\">62.275.129<\/td>\n<td width=\"72\">9,0%<\/td>\n<\/tr>\n<tr>\n<td width=\"140\">Gross Profit<\/td>\n<td width=\"115\">42.769.681<\/td>\n<td width=\"115\">40.209.027<\/td>\n<td width=\"72\">6,4%<\/td>\n<\/tr>\n<tr>\n<td width=\"140\">EBITDA<\/td>\n<td width=\"115\">41.947.521<\/td>\n<td width=\"115\">39.551.096<\/td>\n<td width=\"72\">6,1%<\/td>\n<\/tr>\n<tr>\n<td width=\"140\">EBIT<\/td>\n<td width=\"115\">37.226.895<\/td>\n<td width=\"115\">34.860.027<\/td>\n<td width=\"72\">6,8%<\/td>\n<\/tr>\n<tr>\n<td width=\"140\">EBT<\/td>\n<td width=\"115\">37.877.187<\/td>\n<td width=\"115\">34.401.818<\/td>\n<td width=\"72\">10,1%<\/td>\n<\/tr>\n<tr>\n<td width=\"140\">EAT<\/td>\n<td width=\"115\">29.751.577<\/td>\n<td width=\"115\">27.137.779<\/td>\n<td width=\"72\">9,6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u00a0<\/strong><strong>\u00a0<\/strong><strong>\u00a0<\/strong><\/p>\n<ol>\n<li><strong>Balance Sheet<\/strong><\/li>\n<\/ol>\n<table style=\"height: 434px;\" width=\"805\">\n<tbody>\n<tr>\n<td width=\"181\"><strong>Amounts in \u20ac<\/strong><\/td>\n<td width=\"90\"><strong>30.9.2024<\/strong><\/td>\n<td width=\"90\"><strong>30.9.2023<\/strong><\/td>\n<td width=\"73\"><strong>% \u0394<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"181\"><strong>Balance Sheet Figures<\/strong><\/td>\n<td width=\"90\"><strong>\u00a0<\/strong><\/td>\n<td width=\"90\"><strong>\u00a0<\/strong><\/td>\n<td width=\"73\"><strong>\u00a0<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"181\">Shareholders&#8217; Equity<\/td>\n<td width=\"90\">391.870.359<\/td>\n<td width=\"90\">355.070.968<\/td>\n<td width=\"73\">10,4%<\/td>\n<\/tr>\n<tr>\n<td width=\"181\">Net Cash<\/td>\n<td width=\"90\">100.105.043<\/td>\n<td width=\"90\">106.815.411<\/td>\n<td width=\"73\">-6,3%<\/td>\n<\/tr>\n<tr>\n<td width=\"181\">Total Debt<\/td>\n<td width=\"90\">90.964.483<\/td>\n<td width=\"90\">95.660.341<\/td>\n<td width=\"73\">-4,9%<\/td>\n<\/tr>\n<tr>\n<td width=\"181\">Total Debt-to-Equity Ratio<\/td>\n<td width=\"90\">23,2%<\/td>\n<td width=\"90\">26,9%<\/td>\n<td width=\"73\">-13,8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong><em>REMARK:\u00a0All of the figures presented above with reference dates of 30 September 2024 and 30 September 2023 are unaudited financial information prepared in accordance with IFRS.<\/em><\/strong><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>Net Cash = Cash &amp; Cash equivalents \u2013 Total Debt<\/em><\/p>\n<p><em>Total Debt = Bank loans + Finance Lease Liabilities<\/em><\/p>\n<p><em>EBITDA = Earnings Before Interest, Taxes, Depreciation &amp; Amortisation<\/em><\/p>\n<p><em>LEVERAGE CONTRACTOR = Total Debt \/ Equity<\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><strong>Improved performance with stronger profit margins \u2013 Continued growth<\/strong><\/p>\n<p><em>Amounts in million \u20ac<\/em><\/p>\n<p><img decoding=\"async\" class=\"alignnone  wp-image-248790\" src=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-6.jpg\" alt=\"\" width=\"794\" height=\"310\" srcset=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-6-200x78.jpg 200w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-6-300x117.jpg 300w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-6-400x156.jpg 400w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-6-600x234.jpg 600w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-6.jpg 697w\" sizes=\"(max-width: 794px) 100vw, 794px\" \/><\/p>\n<p>The 3<sup>rd<\/sup> quarter\u2019s results continue the upward trend of previous quarters, reinforcing the Company&#8217;s continued growth.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Average quarterly growth<\/strong><\/p>\n<table style=\"height: 317px;\" width=\"802\">\n<tbody>\n<tr>\n<td width=\"78\">&nbsp;<\/td>\n<td width=\"93\"><strong>1Q 2024<br \/>\nvs<br \/>\n1Q 2023<\/strong><\/td>\n<td width=\"93\"><strong>2Q 2024<br \/>\nvs<br \/>\n2Q 2023<\/strong><\/td>\n<td width=\"93\"><strong>3Q 2024<br \/>\nvs<br \/>\n3Q 2023<\/strong><\/td>\n<td width=\"93\"><strong>Ytd 2024<br \/>\nvs<br \/>\nYtd 2023<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"78\"><strong>Revenue<\/strong><\/td>\n<td width=\"93\">2,6%<\/td>\n<td width=\"93\">6,1%<\/td>\n<td width=\"93\">9,0%<\/td>\n<td width=\"93\">6,2%<\/td>\n<\/tr>\n<tr>\n<td width=\"78\"><strong>EBITDA<\/strong><\/td>\n<td width=\"93\">1,7%<\/td>\n<td width=\"93\">1,6%<\/td>\n<td width=\"93\">6,1%<\/td>\n<td width=\"93\">3,4%<\/td>\n<\/tr>\n<tr>\n<td width=\"78\"><strong>EAT<\/strong><\/td>\n<td width=\"93\">6,9%<\/td>\n<td width=\"93\">3,1%<\/td>\n<td width=\"93\">9,6%<\/td>\n<td width=\"93\">6,6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u00a0<\/strong><\/p>\n<ol start=\"2\">\n<li><strong> Development by segment<\/strong><\/li>\n<\/ol>\n<p><strong> <img decoding=\"async\" class=\"alignnone  wp-image-248792\" src=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-7.jpg\" alt=\"\" width=\"803\" height=\"308\" srcset=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-7-200x77.jpg 200w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-7-300x115.jpg 300w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-7-400x153.jpg 400w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-7-600x230.jpg 600w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-7.jpg 709w\" sizes=\"(max-width: 803px) 100vw, 803px\" \/><\/strong><\/p>\n<p>Revenues continued the upward trend of the previous period. At the forefront of this growth are the Cruise, Container and Car Terminal sectors, as well as Coastal Shipping. Revenue coming from the Concession of the Piers II &amp; III, although they have been decreased in the 9month period due to the cancellation of ship itineraries through the Suez Canal, they had a positive change in the third quarter.<\/p>\n<p>The improved results and profit margins reflect not only the improved revenue performance, but also the effective cost management policy implemented by the Company&#8217;s Management, which maintains it at an optimal level, despite the ongoing challenges of the energy crisis, the general inflationary economic environment, as well as increases in staff costs.<\/p>\n<p><strong> <img decoding=\"async\" class=\"alignnone  wp-image-248794\" src=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-8.jpg\" alt=\"\" width=\"776\" height=\"429\" srcset=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-8-200x111.jpg 200w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-8-300x166.jpg 300w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-8-400x221.jpg 400w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-8.jpg 599w\" sizes=\"(max-width: 776px) 100vw, 776px\" \/><\/strong><\/p>\n<p><strong>\u00a0<\/strong>* Despite reduced throughput volumes due to the congestion of the Car Terminal created by longer than usual cargo storage periods at its piers, due to the ongoing supply chain disfunction both domestically and internationally, the Company recorded significantly increased storage service charges amounting to approximately \u20ac 12.9 million in the first nine months of 2024 (30.09.2023: \u20ac 6.1 million) more than offsetting the loss from the decrease in other revenues, mainly reduced handling levels.<\/p>\n<p><strong>\u00a0<\/strong><strong>Organic growth of the segments<\/strong><\/p>\n<table style=\"height: 994px;\" width=\"801\">\n<tbody>\n<tr>\n<td width=\"16\"><\/td>\n<td width=\"136\"><\/td>\n<td width=\"170\"><\/td>\n<td width=\"104\"><\/td>\n<td width=\"104\"><\/td>\n<td width=\"77\"><\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td colspan=\"5\" width=\"591\"><strong>Volumes<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td colspan=\"2\" width=\"306\"><strong>Business Units<\/strong><\/td>\n<td width=\"104\"><strong>\u00a0YtD <\/strong><strong>3Q24<\/strong><\/td>\n<td width=\"104\"><strong>YtD <\/strong><strong>3Q23<\/strong><\/td>\n<td width=\"77\"><strong>% \u0394<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td rowspan=\"2\" width=\"136\"><strong>Container (Pier I)<\/strong><\/td>\n<td width=\"170\">TEUs (Local)<\/td>\n<td width=\"104\">173.362<\/td>\n<td width=\"104\">128.059<\/td>\n<td width=\"77\">35,4%<\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td width=\"170\">TEUs (Total)<\/td>\n<td width=\"104\">413.865<\/td>\n<td width=\"104\">399.846<\/td>\n<td width=\"77\">3,5%<\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td rowspan=\"4\" width=\"136\"><strong>Cruise<\/strong><\/td>\n<td width=\"170\">Vessels (Homeport)<\/td>\n<td width=\"104\">488<\/td>\n<td width=\"104\">455<\/td>\n<td width=\"77\">7,3%<\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td width=\"170\">Vessels (Total)<\/td>\n<td width=\"104\">641<\/td>\n<td width=\"104\">587<\/td>\n<td width=\"77\">9,2%<\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td width=\"170\">Passengers (Homeport)<\/td>\n<td width=\"104\">829.587<\/td>\n<td width=\"104\">626.759<\/td>\n<td width=\"77\">32,4%<\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td width=\"170\">Passengers (Total)<\/td>\n<td width=\"104\">1.379.233<\/td>\n<td width=\"104\">1.147.741<\/td>\n<td width=\"77\">20,2%<\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td rowspan=\"3\" width=\"136\"><strong>Ferry<\/strong><\/td>\n<td width=\"170\">Vessels<\/td>\n<td width=\"104\">12.131<\/td>\n<td width=\"104\">11.526<\/td>\n<td width=\"77\">5,2%<\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td width=\"170\">Passengers<\/td>\n<td width=\"104\">13.881.561<\/td>\n<td width=\"104\">13.137.700<\/td>\n<td width=\"77\">5,7%<\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td width=\"170\">Vehicles<\/td>\n<td width=\"104\">2.429.404<\/td>\n<td width=\"104\">2.298.109<\/td>\n<td width=\"77\">5,7%<\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td rowspan=\"2\" width=\"136\"><strong>RORO<\/strong><\/td>\n<td width=\"170\">Units (Local)<\/td>\n<td width=\"104\">105.904<\/td>\n<td width=\"104\">119.735<\/td>\n<td width=\"77\">-11,6%<\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td width=\"170\">Units (Total)<\/td>\n<td width=\"104\">180.777<\/td>\n<td width=\"104\">252.121<\/td>\n<td width=\"77\">-28,3%<\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td rowspan=\"2\" width=\"136\"><strong>Ship repair<\/strong><\/td>\n<td width=\"170\">Dry dock (vessels)<\/td>\n<td width=\"104\">111<\/td>\n<td width=\"104\">117<\/td>\n<td width=\"77\">-5,1%<\/td>\n<\/tr>\n<tr>\n<td width=\"16\"><\/td>\n<td width=\"170\">Repaired (Vessels)<\/td>\n<td width=\"104\">188<\/td>\n<td width=\"104\">172<\/td>\n<td width=\"77\">9,3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>An increase in throughput compared to 2023 was recorded in most of PPA&#8217;s operational sectors.<\/p>\n<ul>\n<li>The pioneer of this growth is the <strong>Cruise <\/strong>sector, mainly influenced by the increase in the number of cruise ships using the port of Piraeus as their starting point (homeport\/arrival and departure of the ship from the same port) from 455 to 488 <strong>(+7.3%<\/strong>), while the increase in homeport cruise passengers is about <strong>4%<\/strong> (from 626,759 to 829,587 passengers).<\/li>\n<li>The <strong>Container Terminal \u2013 Pier I <\/strong>recorded an increase of <strong>+ 3.5%<\/strong> in total cargo service, reversing the overall performance recorded in the first half of the year. This upward trend is affected both by the excellent course of domestic cargo throughout the first nine months of 2024, which is increased by <strong>+ 35,4%<\/strong> (from 128,059 to 173,362 TEUs) following the growth path of the Greek economy, as well as the impressive increase in transshipment cargoes in the 3rd quarter of the year compared to the corresponding third quarter of the previous year (+30.0% | from 72,166 to 93,788 TEUs), limiting the overall decrease in transshipment loads to <strong>-11.5%<\/strong> (from 271,787 to 240,502 TEUs). The above reversal of the overall picture of the operation of the Container Terminal fully reflects the actions of the Management to support the operation of the sector.<\/li>\n<li>Notable increases in all indicators were recorded by the <strong>Ferry sector,<\/strong> following the positive trend of the Greek market and Greek tourism.<\/li>\n<\/ul>\n<p><strong>3.Liquidity and borrowing liabilities<\/strong><\/p>\n<p><img decoding=\"async\" class=\"alignnone  wp-image-248796\" src=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-9.jpg\" alt=\"\" width=\"702\" height=\"306\" srcset=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-9-200x87.jpg 200w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-9-300x131.jpg 300w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-9-400x174.jpg 400w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-9.jpg 592w\" sizes=\"(max-width: 702px) 100vw, 702px\" \/><\/p>\n<p>The company not only remains resilient to interest rate risks and unstable economic conditions but also makes effective use of its strong liquidity and emerging opportunities in the Greek market by investing in short-term time deposits, thus eliminating most of its risk exposure and enabling the smooth implementation of its huge investment plan and overall operation. The significant generation of positive cash flow and the low debt-to-equity ratio indicate the ability and stable growth of the company.<\/p>\n<ul>\n<li>The total borrowing bank of the Company is significantly reduced, compared to 31.12.2023 due to the repayment of 2 installments of the current loans (total repayment amount of <strong>\u20ac 3.0 million).<\/strong><\/li>\n<li>The Company&#8217;s financial income, which is mainly derived from its investments in short-term term deposits, increased by <strong>\u20ac 2.8 million,<\/strong> compared to the same period last year (30.09.2024: \u20ac 4,0 million \/ 30.09.2023: \u20ac 1,2 million)<\/li>\n<li>The Cash and cash equivalents clearly reflect its strong liquidity. It should be noted that the slight decrease in the balance during the current period is mainly due to the repayment of the dividend for the financial year 2023 of a total amount of <strong>\u20ac 33.4 million,<\/strong> which took place in August 2024.<\/li>\n<li>The Company&#8217;s investment activity continues based on its business plan and by the 3rd quarter of 2024 total investments of <strong>\u20ac 32.2 million <\/strong>were made, compared to \u20ac 15,6 million in the corresponding period of the previous year (31.12.2023: \u20ac 27,4 million).<\/li>\n<\/ul>\n<p><em>Amounts in million<\/em> <em>\u20ac<\/em><\/p>\n<p><img decoding=\"async\" class=\"alignnone  wp-image-248798\" src=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-10.jpg\" alt=\"\" width=\"781\" height=\"417\" srcset=\"https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-10-200x107.jpg 200w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-10-300x160.jpg 300w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-10-400x214.jpg 400w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-10-600x320.jpg 600w, https:\/\/maritimes.gr\/wp-content\/uploads\/2024\/11\/ppa_31102024-10.jpg 661w\" sizes=\"(max-width: 781px) 100vw, 781px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PPA S.A. announces financial results for the third quarter of 2024, focusing on the financial  [&#8230;]<\/p>\n","protected":false},"author":23,"featured_media":242792,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[273,302,298],"tags":[307],"class_list":["post-248789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritimes-news","category-ports-maritimes-news","category-seagoing-maritimes-news","tag-featured-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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