Space Hellas: 70% increase in profits after taxes in 2025 – Marginal decrease in turnover

Space Hellas is focusing connected caller technology projects successful defense, artificial intelligence, and cybersecurity.

According to the Executive Chairman of the Space Hellas Group, Spyros D. Manolopoulos, “the IT and telecommunications marketplace successful 2026–2027, pursuing the completion of backing from the Recovery and Resilience Facility, is expected to beryllium supported by a caller rhythm of European backing aimed astatine financing probe and improvement successful European technologies, with a peculiar accent connected artificial intelligence, cybersecurity, and defense.”

He added that “Space Hellas is implementing large projects related to the country’s captious infrastructure, with execution timelines extending beyond 2026, leveraging synergies with different radical companies such arsenic SingularLogic, Mobics, Web-IQ, and AgroApps. The integration of SenseOne into the R&D and Applications Division of Space Hellas successful 2026 creates caller momentum for the improvement and promotion of integrated IoT solutions, utilizing emerging technologies such arsenic borderline computing, telematics, and the integration of artificial quality tools.”

2025 Performance Review

In 2025, the institution reported a important summation successful profitability contempt a marginal diminution successful gross and stable EBITDA year-on-year. Consolidated turnover for the listed institution amounted to 152.9 cardinal euros, compared to 155.2 cardinal successful 2024, marking a slight alteration of 1.5%. According to the company, the notable summation successful profits reflects the accomplishment of its target to support operating profitability (EBITDA) while reducing indebtedness and, consequently, fiscal expenses.

Group borrowings decreased by 11% to 73.3 cardinal euros, while company-level indebtedness declined by 10% to 66.6 million. For the genitor company, gross fell to 125.8 cardinal successful 2025 from 134.2 cardinal successful 2024, while EBITDA remained broadly stable astatine 13.6 cardinal successful 2025 compared to 13.7 cardinal the erstwhile year.

Pre-tax profits for the genitor institution roseate to 3.9 cardinal euros successful 2025, up from 3.0 cardinal successful 2024, while nett profits aft tax reached 3.2 million, compared to 2.7 cardinal successful 2024, representing increases of 28.6% and 17%, respectively. Operating currency flows were affirmative astatine 11.1 cardinal euros and were chiefly used to trim debt, arsenic reflected successful antagonistic currency flows from financing activities of 12.8 cardinal euros. Investing activities recorded antagonistic currency flows of 9.3 cardinal euros.