BUSINESS

EBITDA of 10.8 bln euros last year for 500 most profitable firms

ANESTIS DOKAS

TAGS: Business, Stocks

The 500 most profitable Greek enterprises showed remarkable resilience amid the climate of political uncertainty and serious lack of liquidity in 2015.

According to an ICAP Group analysis based on last year’s financial reports, the aforementioned businesses considerably improved their earnings despite the small decline in their sales volume.

Their earnings before interest, tax depreciation and amortization (EBITDA) reached a total of 10.8 billion euros, against a loss-making result for all Greek enterprises.

Notably just 67 out of those 500 Greek companies are listed on the Athens stock exchange.

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