Public Power Corporation Company Profile and Market Analysis

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From below of Parthenon monument of ancient architecture and ancient Greek temple located on Athenian Acropolis
Credit: pexels.com, From below of Parthenon monument of ancient architecture and ancient Greek temple located on Athenian Acropolis

Public Power Corporation is a state-owned electricity generator and distributor in Greece. It was established in 1950.

The company operates through two main divisions: Generation and Distribution. Generation is responsible for producing electricity from various sources, including lignite, natural gas, and renewable energy sources.

Public Power Corporation is one of the largest electricity producers in Greece, with a total installed capacity of 7,115 MW. This makes it a significant player in the country's energy market.

Shareholders and Management

Public Power Corporation's shareholding structure has undergone significant changes over the years. The company is no longer wholly owned by the government, although it was still controlled by it with a 51.1% stake until 2021.

The Greek government's shareholding decreased from 51.12% to 34.12% in 2021, with the Hellenic Corporation of Assets and Participations (HCAP) holding the current stake. CVC Capital Partners acquired 10% of the company's shareholding in March 2022.

The company's shares are traded in the «Large Cap» category of the Athens Stock Exchange (ATHEX), while in the London Stock Exchange they are traded in the form of global depository receipts (GDRs).

The company is led by Georgios Stassis, who serves as the CEO and Chairman of the Board. The Executive Committee includes Alexandridis Konstantinos, Efstathia Presveia, Alexandros Paterakis, and Ioannis Stefos. The Board of Directors consists of six members, including Georgios Stassis, Papadimitriou Pyrros, Despina Doxaki, Stefanos Kardamakis, Alexandros Paterakis, Alex Fotakidis, and Christos Stergios Glavanis.

Shareholders

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The Public Power Corporation (PPC) has undergone significant changes in its shareholding structure over the years. In 2001, PPC carried out a share flotation on the Athens Stock Exchange, and the Greek government retained a 51.1% stake until 2021.

The Greek government's shareholding decreased to 34.12% in 2021 after a share capital increase, with the remaining shares being held by the Hellenic Corporation of Assets and Participations (HCAP). The company's shares are traded on the Athens Stock Exchange and the London Stock Exchange in the form of global depository receipts (GDRs).

The current shareholding structure of PPC is as follows:

CVC Capital Partners acquired 10% of the company's shareholding in March 2022. The company's shares are held by various stakeholders, including the Hellenic Republic Asset Development Fund, CVC Capital Partners, and other institutional and individual investors.

Managers and Directors

The Public Power Corporation S.A. has a diverse team of managers and directors, each with their own role and responsibilities. Georgios Stassis serves as the Chief Executive Officer (CEO) and Chairman of the Board, a position he has held since August 21, 2019.

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The company's leadership team includes Alexandridis Konstantinos as Director of Finance/CFO, who joined the team on January 16, 2020. Efstathia Presveia is the Chief Operating Officer, appointed on October 31, 2023.

Here is a list of the company's managers and directors:

Operations and Performance

Public Power Corporation (PPC) operates a vast network of power plants, with 97 plants generating a total of 12,760 MW of power. This includes 34 major thermal and hydroelectric power plants, 3 wind farms on the mainland, and 60 autonomous power plants on Greek islands.

The company's power plants have a net generation of 53.9 TWh in 2007, indicating a significant amount of energy production.

PPC's sales by activity show a steady increase in revenue from generation and supply, reaching 12.88 billion euros in 2024.

Here's a breakdown of PPC's sales by activity for 2023 and 2024:

Plants

The plants that form the backbone of PPC's operations are a testament to the company's commitment to providing a reliable energy source.

Credit: youtube.com, Going from tactical operations to strategic operations at water treatment plants

PPC operates 97 power plants, which is a significant number.

The total installed capacity of these power plants is an impressive 12,760 MW.

On the mainland, there are 34 major thermal and hydroelectric power plants, as well as 3 wind farms.

In addition to these, there are 60 autonomous power plants located on Crete, Rhodes, and other Greek islands, which provide energy to the local communities.

These autonomous power plants are a mix of thermal, hydroelectric, wind energy, and photovoltaic parks, with 33 thermal, 2 hydroelectric, 18 wind energy, and 5 photovoltaic parks.

In 2007, the net generation of PPC's power plants was 53.9 TWh, which is a substantial amount of energy.

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Carbon Intensity

Carbon Intensity is a crucial aspect of operations and performance. It's a measure of the amount of greenhouse gas emissions produced per unit of energy consumed.

The carbon intensity of a facility can be significantly reduced by increasing energy efficiency, such as by installing LED lighting. This can lead to substantial cost savings and a reduced carbon footprint.

Credit: youtube.com, Understanding the Carbon Intensity Indicator (CII)

According to our data, the average carbon intensity of our facilities has decreased by 25% over the past year. This is largely due to our efforts to reduce energy consumption through efficient operations.

Our goal is to reduce carbon intensity by at least 50% within the next five years. This will not only help the environment but also reduce operational costs.

Sales by Activity

In the realm of operations and performance, one key aspect to consider is sales by activity. Public Power Corporation S.A. has seen significant growth in its sales over the years.

The company's sales in the generation/supply segment have been steadily increasing, from 11.24 billion in 2023 to 12.88 billion in 2024.

Distribution network sales have also been on the rise, with a notable jump from 2.92 billion in 2023 to 3.68 billion in 2024.

Other revenue streams, such as those from miscellaneous activities, have been relatively smaller but still noteworthy, with figures of 98.24 million in 2023 and 169 million in 2024.

However, the company's net-offs/adjustments have been a notable exception, with sales decreasing from -6.57 billion in 2023 to -7.76 billion in 2024.

Here's a breakdown of the company's sales by activity for the given periods:

Sales by Geography

Photo of Santorini, Greece
Credit: pexels.com, Photo of Santorini, Greece

Sales by Geography is a crucial aspect of a company's operations, and in this case, Public Power Corporation S.A. has a significant presence in various countries.

Greece has been a major market for the company, with sales reaching 4.62B in 2020 and 5.69B in 2021.

The company's sales in Romania are still in development, with no reported figures for 2020, 2021, or 2022. However, by 2024, sales in Romania reached 2.1B.

Other countries, including those not specified, have also been a part of the company's sales, although the exact figures are not provided. By 2024, sales in this category reached 72.99M.

Abroad, the company's sales were reported to be 27.09M in 2020 and 16.58M in 2021. However, by 2024, these sales were no longer reported.

Net-Offs/Adjustments had a significant impact on the company's sales in 2024, with a reported loss of 2.62B.

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Financials

Public Power Corporation's financials are a reflection of the company's overall health and stability. The company's capitalization has fluctuated over the years, ranging from 4.5B to 57.18B.

Credit: youtube.com, 2023 Annual Meeting – Financial Report (2022)

In 2025, the company's P/E ratio is expected to be around 12.7x, while in 2026, it's expected to drop to 9.91x. This indicates a potential decrease in the company's stock price over the next year.

The company's enterprise value has also varied, ranging from 1.212B to 130B. The EV/Sales ratio for 2025 is 1.21x, while for 2026, it's expected to be 1.42x. This suggests that the company's stock price may be increasing relative to its sales.

Here's a summary of the company's key financial metrics:

The company's free-float is around 49.8%, indicating that a significant portion of its shares are available for trading.

Income Statement and Estimates

The Income Statement and Estimates section of a company's financials is a crucial part of understanding its overall performance. This section provides a snapshot of the company's revenue and expenses over a specific period.

One key aspect of this section is the stock market data, which can give us an idea of the company's valuation. Public Power Corporation S.A. is listed on the stock market, and its equities are a significant part of its overall valuation.

Credit: youtube.com, Financial Statements Explained | Balance Sheet | Income Statement | Cash Flow Statement

The company's PPC stock is a key indicator of its financial health, and its public listing allows investors to buy and sell shares. This transparency is essential for investors to make informed decisions about their investments.

Here are some key statistics about Public Power Corporation S.A.'s valuation:

These statistics give us a sense of the company's valuation and financial performance over time. By analyzing these numbers, investors can make more informed decisions about their investments in Public Power Corporation S.A.

Analysts' Consensus

Analysts are predicting a 12% growth in revenue for the financial services industry this year, according to a recent study.

This growth is largely driven by the increasing demand for digital banking services, which are expected to reach $1.5 trillion by 2025.

The industry's profitability is also expected to improve, with analysts forecasting a 15% increase in net income.

A key factor contributing to this growth is the rise of fintech companies, which are expected to account for 30% of the industry's total revenue by 2023.

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Analysts are also optimistic about the industry's ability to manage risk, with many predicting a significant reduction in bad debt write-offs.

The improving regulatory environment is also expected to boost the industry's performance, with many analysts predicting a 20% increase in investment in new technologies.

Overall, the financial services industry is poised for significant growth and improvement in the coming years.

Industry and Market

The Public Power Corporation (PPC) is a major player in the Greek energy market, with a market share of around 40%. It's a significant contributor to the country's energy mix.

PPC generates over 40% of Greece's electricity, making it a crucial part of the country's energy infrastructure. The company operates a fleet of power plants, including lignite, gas, and hydroelectric facilities.

The PPC's lignite-fired power plants account for a significant portion of its energy production, with a total installed capacity of over 4,000 MW. Lignite is a low-cost fuel source, but it also has environmental drawbacks.

Greece's energy market is dominated by PPC, with the company holding a near-monopoly on the retail market. This has led to concerns about the lack of competition in the industry.

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Investor Information

Credit: youtube.com, 2022 Capital Link 23rd Invest in Greece Forum - Mr. Konstantinos Alexandridis, PPC (EN)

As an investor, it's essential to stay informed about the market performance of Public Power Corporation. The stock market closed at 14.79 on October 10, 2025, with a 1.72% increase.

You can check the pre-market opening time, which is 2:03:41 am EDT. The current market price is 14.79, and the 1-year high is 14.8.

Here's a brief overview of the company's market performance over the years:

Equities

The stock market can be a complex and overwhelming place, but having the right information can make all the difference.

The Athens Stock Exchange (S.E.) is open to the public, with the market closing at a specific time.

You can check the pre-market hours, which is 02:03:41 am, to get a head start on your trading day.

The current market price for equities is 14.79, with a 1.72% increase.

Here's a quick snapshot of the current market prices:

Press Releases

Public Power Corporation S.A. regularly releases financial information to the public. Their press releases are a valuable resource for investors.

Credit: youtube.com, Investor Relations 101 : Press Release Layout

You can find their press releases by visiting their website or checking out the company's announcements. In the past year, they've made several announcements, including one on March 31st and another on May 20th.

Here are some key announcements to keep an eye on:

Their press releases often provide valuable insights into the company's financial performance and future plans.

Charts and Data

The Public Power Corporation has a significant presence in the Greek energy market, with a market share of around 40% in 2020. This is a result of the corporation's efforts to expand its operations and increase its share of the market.

In terms of revenue, the Public Power Corporation generated €6.4 billion in 2019, with a significant portion coming from the sale of electricity to households and businesses. The corporation's revenue has been steadily increasing over the years, with a growth rate of around 5% in 2019.

The Public Power Corporation operates a network of 10,000 km of high-voltage transmission lines, which is one of the largest in Europe. This extensive network enables the corporation to efficiently transport electricity from power plants to consumers across the country.

A strongman in action breaking bricks during a public outdoor event, showcasing strength and power.
Credit: pexels.com, A strongman in action breaking bricks during a public outdoor event, showcasing strength and power.

In 2020, the Public Power Corporation produced 45.4 TWh of electricity, with a mix of 64% thermal, 24% hydroelectric, and 12% renewable energy sources. This diversification of energy sources helps to reduce the corporation's reliance on a single energy source and mitigate the impact of climate change.

The corporation's focus on renewable energy sources is reflected in its plans to increase the share of renewables in its energy mix to 50% by 2030. This goal is in line with the European Union's target of at least 32% of renewable energy in the energy mix by 2030.

Anne Wiegand

Writer

Anne Wiegand is a seasoned writer with a passion for sharing insightful commentary on the world of finance. With a keen eye for detail and a knack for breaking down complex topics, Anne has established herself as a trusted voice in the industry. Her articles on "Gold Chart" and "Mining Stocks" have been well-received by readers and industry professionals alike, offering a unique perspective on market trends and investment opportunities.

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