Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,303.10 +8.60 0.06%
S&P 500 1,649.60 -0.91 -0.06%
Nasdaq 3,459.14 -0.27 -0.01%
Ticker Volume Price Price Delta
STOXX 50 2,764.29 -12.49 -0.45%
FTSE 100 6,654.34 -42.45 -0.63%
DAX 8,305.32 -46.66 -0.56%
Ticker Volume Price Price Delta
Nikkei 14,612.50 +128.47 0.89%
Hang Seng 22,618.70 -51.01 -0.23%
S&P/ASX 200 4,983.50 -78.95 -1.56%

Piraeus Port Authority 2011 Profit Declines to EU6.5 Million

Piraeus Port Authority (PPA) SA, Greece’s biggest port operator, posted an 8.5 percent decline in full- year profit as revenue dropped.

Net income last year fell to 6.5 million euros ($8.7 million) from 7.1 million euros in 2010, according to an e- mailed statement from the company today. Revenue declined 9.9 percent to 105.1 million euros.

“Already 2012 is moving more dynamically and profitably,”Chief Executive Officer Yiorgos Anomeritis said in the statement.

To contact the reporter on this story: Natalie Weeks in Athens at nweeks2@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link