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24 October 2020 The on-line newspaper devoted to the world of transports 04:41 GMT+2

September 30, 2020

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The travel restrictions imposed by the pandemic strongly affected by Greece's operating and financial results Attica

The group closed the first half of this year with a -88% decrease in gross operating margin

The Greek group Attica, which operates ferry services Superfast Ferries, Blue Star Ferries and Africa Morocco Link (AML), closed the first half of this year with a consolidated sales of 117.0 million euros, a decrease of -29% compared to 164.0 million euros in the first half of 2019. This was announced today by the controlling shareholder Marfin Investment Group (MIG) stating that the gross operating margin recorded by Attica in the first six months of 2020 was 1.9 compared with a corresponding EBITDA of 15.5 million euros euros in the first half of last year.

MIG specified that the decrease in sales and as a result of the owner's EBITDA due to the reduction in transport activity as a result of the pandemic coronavirus. In particular, the restrictive measures on free trade passenger and vehicle traffic imposed since mid-March 2020 by the Greek government in an attempt to limit the spread of pandemic, as well as the imposition of a protocol for the particularly strict passenger transport, have determined one means a reduction in transport activity: In fact, Attica recorded a record in the first half of 2020. contraction in the volume of traffic carried by the group's ships -56% for passengers, -46.3% of cars -15.6% of trucks compared to the same period of the year last year. In addition, the fleet's ferry journeys are decreased by more than -33%, with 4,446 departures made in the first half of this year compared to 6,683 in the corresponding 2019.

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