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THPA S.A. announces that its Board of Directors in its finally meeting, reformed into body and Mr Konstantinos Nezis was appointed new independent non-executive member, as the representative of OKE (Economic & Social Commitee), replacing deceased Nikolaos Giannopoulos.

The Board of Directors of THPA SA approved today, 23.3.2011, the annual financial statements for fiscal year 2010 (1.1-31.12.2010), from which the following ensue:
Profits after taxes for fiscal year 2010 of THPA SA exhibit an impressive increase by 37.16% (6,144,359 € against 4,479,652 € in 2009). Gross profits also exhibit a significant increase by 222% (11,557,575 € against 3,591,188 € in 2009), as do pretax profits which have increased by 42.97% (9,288,755 € against 6,496,842 € in 2009) and the profits with respect to Company activities in its 3 Operating Sectors: the Container Terminal, the Conventional Port and the Exploitation of facilities. More specification one may observe:
  • Increase of the turnover by 7.98% (49,617,466 € against 45,948,872 € in the corresponding fiscal year of 2009) mainly attributed to the increase in the handling of conventional cargo (25.75% for dry cargo and 22.97% for general cargo) which resulted in the further increase of the sales for the Conventional Port by 26.20%. On the other hand, sales at the Container Terminal exhibit a decrease by 2.60% despite the increase in the handling of TEUs by 1.15%. The increase of Container handling may have led, on the one hand, to an increase of income attributed to loading by Gantry Cranes by 1.57%, but income from other Container Terminal services (services rendered to reefer containers and storage of containers) exhibited a decrease by 35.50% and 14.75% correspondingly. Total decrease amounted to 844,202 €.
  • A total decrease in expenses by 10.10% of which 14.46% is attributed to the decrease in personnel compensation and expenses due to the implementation of Laws 3833 & 3845/2010. Furthermore, there is a significant increase of the income tax, despite the lowering of the tax rate by one point since 2009, due to the increase of profits but also the extraordinary expenditure of 598,090 € regarding the extraordinary contribution calculated on the profits for fiscal year 2010 and imposed by Law 3845/2010.
It must be noted that in 2010 the Company's management, in the context of bolstering the competitiveness and attractiveness of the port of Thessaloniki, lowered tariffs both for the handling of in transit containers, as well as the boarding or transit tariffs for cruiser passengers.


Thessaloniki Port Authority S.A. announces the financial calendar for the year 2011 in accordance with article of the Athens Exchange Rulebook:

  • Announcement of the financial statements of Thpa sa, for the corporate use 2010, Wednesday, 23 March 2010.
  • Publication of the financial statements of Thpa sa, for the corporate use 2010, Thursday 24 March 2010.
  • Presentation of the company's financial results to analysts Friday, 29 April 2011.
  • Annual General Shareholders Meeting Friday, 10 June 2011.
  • Ex-dividend date Tuesday, 19 July 2011.
  • Dividend beneficiaries "Record date" Thursday, 21 July 2011 (in accordance with the new ATHEX rulebook, starting on 1.1.2009 corporate actions take place based on " record date" replacing the " trade date" rule. Based on the new rule, beneficiaries of the dividend are those investors who are registered in the DSS on the relevant "record date").

The dividend payment will start on Tuesday, 26 July 2011. Dividend payment will be carried out through a credit institution. The company will issue a newer announcement on the dividend payment procedure.

THPA S.A. announces that today, Friday March 11, 2011, its Board of Directors, in its scheduled meeting, adjudicated the result of the automatic public tendering for the project for the extension of quay 26 in the Container terminal on the 6th pier of the Port to contracting company "MOCHLOS SA", who submitted the lowest tender with an average discount of 50.97%.

The submission of tenders for the international automatic public tendering for the extension of quay 26 in the Container Terminal on pier 6 was completed on Tuesday 1/2/2011.
The following nine companies took part in the tender procedure, sorted by protocol number:

  6. J&P AVAX SA
  8. TECNIS S.p.A.

The competition committee, in its coming sessions, shall further examine the tenders and shall compile minutes to be submitted to the Board of Directors of ThPA SA, in order to reach a decision with respect to the appointment of the provisional contractor.

THPAS S.A. announces that the Board of Directors of the company in the meeting on 28.1.2011 reformed into body and Mr. Georgios Dimarelos was appointed new independent non-executive member, as the representative of the Municipality of Thessaloniki, replacing Mr. Vasileios Papageorgopoulos.