Professional
Added to YB: 2025-08-26
Pitch date: 2025-06-30
PPA.AT [neutral]
Piraeus Port Authority S.A.
-5.66%
current return
Author Info
No bio for this author
Company Info
Piraeus Port Authority S.A. provides port services at the port of Piraeus, Greece. It operates through Container Terminal, Car Terminal, Coasting, Cruise, Ship Repairing, and Other segments.
Market Cap
EUR 997.5M
Pitch Price
EUR 43.46
Price Target
N/A
Dividend
4.81%
EV/EBITDA
6.37
P/E
10.69
EV/Sales
3.51
Sector
Transportation Infrastructure
Category
growth
Palm Harbour Capital Portfolio Holding: Piraeus Port Authority S.A.
PPA.AT (holding update): SinoGreek port operator up 27.7%, contributed +68bps to portfolio. Strong 2025 results: FY sales +5%, Q1 +14.6%, EBITDA +11.6%/14.2%, dividend +43.7% to €1.92. May throughput rebounded +5.6% after April dip. US pressuring Chinese owner to divest, attracting Western interest. Strategic asset at attractive valuation.
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