Greece's biggest constructor sees prospects build up
Ellaktor SA, Greece’s biggest builder, said securing credit lines for international projects, refinancing maturing corporate loans on a medium-term basis and deleveraging the company balance sheet are its top financing priorities.
Total debt declined to 1.85 billion euros in the first six months of the year from 1.89 billion euros in the same period a year earlier, according to a presentation by the Athens-based company made to investors in London and posted on its website on Thursday.
Ellaktor is “very positive on the prospects of the waste management sector,” the company said. [Bloomberg]
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