ECONOMY

ADMIE reports revenues of 286 million euros for 2021

ADMIE reports revenues of 286 million euros for 2021

Greek electricity grid operator ADMIE on Friday reported resilient operating results for 2021.

More specifically, consolidated revenue totaled 286 million euros, down 0.5% from 2020, EBITDA fell 9.6% to €190.3 million and consolidated net profits fell to €69.4 million from €84.9 million in 2020.

ADMIE’s board will seek shareholders’ approval to a plan for a dividend payment of €33.9 million, or 50% of net profits for 2021.