Intrakat Societe Anonyme: financial report for 2023

A leading construction group in Greece, with a constantly expanding influence in Southeast Europe, has reported successful results for the 2023 financial year. The turnover amounted to approximately €0.8 billion, with a total order backlog of €4.9 billion and over 5,800 employees, including joint ventures. The Intrakat Group has demonstrated a diversified portfolio focused on three strategic pillars: construction, renewable energy, and real estate.

Intracat has not only demonstrated its expertise in the industry and successfully implemented turnkey projects, but has also established partnerships with PPC Renewables in the field of renewable energy.

The financial indicators of the group are impressive: revenue and gross profit increased by 83% and 122% respectively, while EBITDA figures also showed positive dynamics. Key events of 2023, such as the increase in authorized capital, the acquisition of 100% of Aktor S.A. shares, and the signing of several major PPP projects, have significantly impacted Intrakat's growth potential.

• The group continues to move confidently forward, aiming to maximize shareholder value, expand recurring cash flows, and develop strategic partnerships to enhance performance across various areas of activity.