olivLaw · European equity research
ATTICA Α. Ε. ΣΥΜΜΕΤΟΧΩΝ ATTICA.AT
Greece · Athens Stock Exchange · ISIN GRS144003001 · Vertical: Listed companies from Greece
ATTICA is a Greek group focused on passenger and vehicle shipping and on hotels, with domestic routes partly operated under public service contracts. In 2025 the group reported lower EBITDA than the prior year and a consolidated net loss, while debt remains high and refinancing a bond tranche due in April 2026 is under discussion with banks.
At the close of 06 Nov 2026, ATTICA Α. Ε. ΣΥΜΜΕΤΟΧΩΝ (ATTICA.AT) stock was 1.37 EUR (−0.72% on the day), with market capitalisation 33.3 k EUR, dividend yield 51,109.91%, beta 0.70, 52-week range 1.32–2.02 EUR.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 43.1
- weak (30–45)
- Bollinger (20, 2)
- 1.31 – 1.49
- in the lower half of the band · %B 0.33 · band width 13.3%
- SMA 50 / 200
- 1.48 / 1.63
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.03 / -0.03
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | −5.5% | −0.6% | −4.9 pp | — |
| 3 months | −10.5% | −4.2% | −6.3 pp | — |
| 6 months | −15.7% | +4.3% | −20.1 pp | — |
| Year to date | −26.3% | +7.5% | −33.9 pp | — |
| 1 year | −25.5% | +9.9% | −35.5 pp | +0.4% |
| 3 years | unavailable | +49.8% | unavailable | +38.4% |
| 5 years | +26.9% | +42.8% | −16.0 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2024 | 2025 |
|---|---|---|
| Revenue | 747.8 m | 756.9 m |
| Revenue YoY | unavailable | +1.2% |
| Net income | 17.5 m | -33.7 m |
| Net income YoY | unavailable | −292.5% |
| Diluted EPS | 720.00 | -1,386.00 |
| Diluted EPS YoY | unavailable | −292.5% |
| net % | 2.3% | -4.5% |
| Free cash flow | unavailable | unavailable |
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 96.1 m EUR
- Financial debt
- 490.8 m EUR
- Net debt
- 394.7 m EUR
- Equity
- 440.8 m EUR
- Total assets
- 1.2 bn EUR
- Debt / equity
- 1.11x
- Current ratio
- 0.86x
- ROE
- -7.2%
- ROA
- -2.7%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (EUR)
Margins
Income statement · EUR
| Line | 2024 | 2025 | Source (latest year) |
|---|---|---|---|
| Revenue | 747.8 m | 756.9 m | esef· 23 Oct 2026verified |
| Cost of revenue | 624.0 m | 668.6 m | esef· 23 Oct 2026verified |
| Gross profit | 123.8 m | 88.3 m | esef· 23 Oct 2026verified |
| Operating income | 16.4 m | -5.9 m | esef· 23 Oct 2026verified |
| Depreciation & amortisation | -79.9 m | -91.3 m | esef· 23 Oct 2026verified |
| EBITDA | 96.3 m ≈ | 85.4 m ≈ | esef· 23 Oct 2026derived |
| Interest expense | 30.2 m | 32.2 m | esef· 23 Oct 2026verified |
| Income tax | 673.0 k | 219.0 k | esef· 23 Oct 2026verified |
| Net income | 17.5 m | -33.7 m | esef· 23 Oct 2026verified |
| Diluted EPS | 720.00 | -1,386.00 | esef· 23 Oct 2026verified |
| Dividend per share | 700.38 | 700.21 | esef· 23 Oct 2026derived |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · EUR
| Line | 2024 | 2025 | Source (latest year) |
|---|---|---|---|
| Cash | 75.8 m | 96.1 m | esef· 23 Oct 2026verified |
| Receivables | 124.6 m | 94.1 m | esef· 23 Oct 2026verified |
| Inventories | 12.2 m | 10.8 m | esef· 23 Oct 2026verified |
| Current assets | 283.0 m | 249.6 m | esef· 23 Oct 2026verified |
| Property, plant & equipment, net | 939.6 m | 914.6 m | esef· 23 Oct 2026verified |
| Goodwill | 15.9 m | 15.9 m | esef· 23 Oct 2026verified |
| Intangibles (excl. goodwill) | 16.7 m | 17.9 m | esef· 23 Oct 2026verified |
| Total assets | 1.3 bn | 1.2 bn | esef· 23 Oct 2026verified |
| Long-term debt | 570.9 m | 490.8 m | esef· 23 Oct 2026verified |
| Current liabilities | 193.6 m | 291.7 m | esef· 23 Oct 2026verified |
| Total liabilities | 779.2 m | 796.4 m | esef· 23 Oct 2026verified |
| Equity | 501.6 m | 440.8 m | esef· 23 Oct 2026verified |
| Shares outstanding at year end | 24.3 k | 24.3 k | esef· 23 Oct 2026derived |
Cash flow · EUR
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- score weight coverage: 54.2% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
06 Nov 2026Source: olivLaw, closing series
Market cap: 33.3 k EUR
Key indicators
Coverage and freshness
Score by group
54% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 9,522.80 – 35,547.19 EUR.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (EUR per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDA10,236.66 – 35,547.19 (Mid 19,988.73)4 companies used · median multiple 10.3x · quartiles 7.5x – 14.7xBRIQ.AT, BYLOT.AT, DIMAND.AT, DOMIK.AT
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)9,522.80 – 12,985.63 (Mid 10,987.84)
Assumptions (illustrative, editorial)
- Risk-free rate
- 3.0%
- Equity risk premium
- 5.5%
- Beta (default)
- 1.00
- Cost of equity
- 8.5%
- Terminal growth
- 2.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 54.2% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | -0.5% | 15 (vs peers) | 19% |
| Net margin · Quality | -4.5% | 8 (vs peers) | 12% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | 4.6x | 20 (vs peers) | 19% |
| Interest coverage · Balance sheet | -0.2x | 0 (on a fixed band) | 12% |
| Current ratio · Balance sheet | 0.9x | 5 (on a fixed band) | 8% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | 4.6x | 94 (on a fixed band) | 19% |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | 51,109.9% | 100 (on a fixed band) | 12% |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet11/100 · 3/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality12/100 · 2/3 factors with a value
- Returns· partial100/100 · 1/2 factors with a value
- Valuation· partial94/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
ATTICA Α. Ε. ΣΥΜΜΕΤΟΧΩΝ (ATTICA.AT). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 756.9 m EUR in 2025; YoY growth 1.2%; net margin -4.5%; ROE -7.2%; net debt/EBITDA 4.6x.
The estimated value range is 9,879.73–24,266.41 EUR per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 15,488.29 EUR, the price of 1.37 EUR leaves a potential of 1,130,432.0% (value / price − 1) and a margin of safety of 100.0% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 54.2% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- EV/EBITDA: 4.6x
- Shareholder yield (distributions): 51,109.9%
- The price is below the estimated value range
What contradicts it
- ROIC: -0.5%
- Net margin: -4.5%
- Net debt / EBITDA: 4.6x
- Interest coverage: -0.2x
- Current ratio: 0.9x
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, P/E (TTM), FCF yield, Payout ratio (FCF).
Versus the vertical median
Listed companies from Greece · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| EUROB.ATΤραπεζα Eurobank Ανωνυμη Eταιρεια | 16.5 bn | 12.1 | 14.0% | 39.7% | +2.7% | +32% / +165% |
| ETE.ATΕθνικη Τραπεζα Της Ελλαδος Α.ε. | 14.8 bn | 12.7 | 13.3% | 42.5% | −5.4% | +21% / +159% |
| ELPE.ATHelleniq Energy Ανωνυμη Εταιρεια Συμμετοχων | 4.9 bn | 28.2 | 6.4% | 1.5% | −9.0% | +95% / +111% |
| CENER.ATCenergy Holdings | 4.4 bn | 22.9 | 24.3% | 9.4% | +14.7% | +41% / +199% |
| BELA.ATJumbo Ανωνυμη Εμπορικη Εταιρεια | 3.7 bn | 11.5 | 21.5% | 26.0% | +7.2% | +0% / +14% |
| AKTR.ATΑκtor Ανώνυμη Εταιρεία Συμμετοχών, Τεχνικών Και Ενεργειακών Έργων | 2.0 bn | 110.6 | 6.7% | 1.3% | +11.2% | +7% / +186% |
| EYDAP.ATΕταιρια Υδρευσεως Και Αποχετευσεως Πρωτευουσης Ανωνυμη Εταιρια | 1.4 bn | — | -2.6% | -5.9% | −2.4% | +83% / +132% |
| ELHA.ATEλβαλχαλκορ Ελληνικη Βιομηχανια Χαλκου Και Αλουμινιου Ανωνυμος Εταιρεια | 1.3 bn | 12.2 | 9.8% | 2.9% | +5.1% | +4% / +80% |
| AEGN.ATΑεροπορια Αιγαιου Ανωνυμη Αεροπορικη Εταιρεια | 995.2 m | 6.7 | 27.7% | 7.9% | +4.6% | −23% / −3% |
| AVAX.ATΑβαξ Ανωνυμη Εταιρεια Εργοληπτικη-Τουριστικη-Εμπορικη-Βιομηχανικη-Οικοδομικων Υλικων & Μηχανηματων | 495.3 m | 10.4 | 25.9% | 5.0% | +47.1% | +37% / +119% |
| BYLOT.ATBally's Intralot Α.ε. | 460.2 m | 15.1 | -9.3% | -12.6% | +34.8% | +10% / +17% |
| ELLAKTOR.ATΕλλακτωρ Ανωνυμη Εταιρεια | 419.4 m | 2.7 | 26.1% | 175.2% | −74.8% | −32% / −44% |
| AEM.ATAlter Ego Media Α.ε. | 350.0 m | 17.8 | 18.3% | 14.0% | +12.6% | −3% / unavailable |
| ALMY.ATΑλουμυλ Βιομηχανια Αλουμινιου Αε | 319.4 m | 10.4 | 23.5% | 6.0% | +11.7% | +15% / +118% |
| DIMAND.ATDimand Ανωνυμη Εταιρεια Αξιοποιησης Και Εκμεταλλευσης Ακινητων Και Κατασκευων Υπηρεσιων Και Συμμετοχων | 266.7 m | 7.6 | 18.5% | 58.5% | +110.6% | +42% / +28% |
| EVR.ATΕυρώπη Holdings Α.ε. | 168.6 m | 37.2 | 2.9% | 30.7% | +435.3% | −32% / +33% |
| EYAPS.ATΕταιρεια Υδρευσης & Αποχετευσης Θεσσαλονικης Α.ε. | 166.6 m | 21.6 | 4.1% | 8.8% | +2.4% | +22% / +39% |
| BRIQ.ATBriq Properties Ανωνυμη Εταιρεια Επενδυσεων Σε Ακινητη Περιουσια | 148.6 m | 5.9 | 15.5% | 116.9% | +37.8% | +12% / +69% |
| FAIS.ATΦαις Συμμετοχων Ανωνυμη Εταιρεια | 116.3 m | 8.7 | 22.1% | 6.3% | +12.9% | −7% / unavailable |
| DAIOS.ATΔαϊος Πλαστικα Ανωνυμη Βιομηχανικη Εμπορικη Εταιρεια Α.ε. | 102.0 m | 10.3 | 14.0% | 15.6% | +9.1% | −5% / +113% |
| ASTAK.ATAlpha Real Estate Services Ae | 94.7 m | 12.6 | 10.4% | 30.3% | +22.4% | −7% / −7% |
| FLEXO.ATFlexopack Ανωνυμη Εμπορικη Και Βιομηχανικη Εταιρεια Πλαστικων | 92.5 m | 8.3 | 8.3% | 6.8% | +4.6% | −2% / −2% |
| ASCO.ATA.s. Εμπορικη-Βιομηχανικη Εταιρια Η/υ & Παιχνιδιων Α.ε. | 59.6 m | 10.4 | 14.1% | 15.8% | +16.4% | +10% / +105% |
| AVE.ATAve Α.ε. | 50.4 m | — | -25.2% | -7.4% | +8.2% | −8% / −13% |
| ELTON.ATΕλτον Διεθνους Εμποριου Ανωνυμη Εμπορικη Βιομηχανικη Εταιρεια | 46.8 m | 13.7 | 4.9% | 1.9% | +8.6% | −12% / −19% |
1- and 3-year price returns: for ATTICA.AT from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (EUR)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
ATTICA is a Greek group focused on passenger and vehicle shipping and on hotels, with domestic routes partly operated under public service contracts. In 2025 the group reported lower EBITDA than the prior year and a consolidated net loss, while debt remains high and refinancing a bond tranche due in April 2026 is under discussion with banks 1.
SWOT
Strengths
- An owned fleet and a network of domestic routes under public service contracts that provide relatively predictable cash flows 1.
- Improved liquidity in 2025, supported by compensation receipts and higher cash at year end 1.
- Diversification into hotels and associate stakes that add income beyond core shipping 1.
Weaknesses
Opportunities
- Refinancing the bond tranche due in April 2026 could ease liquidity pressure if completed on favourable terms 1.
- Fleet maintenance and hotel renovation could improve service attractiveness for customers 1.
- The 2025 simplification of the corporate structure could allow more efficient management of assets 1.
Risks
- Debt refinancinghigh
A bond tranche due in April 2026 needs refinancing, and a failure could create liquidity strain 1.
- Net loss and lower EBITDAhigh
The negative 2025 result shows margins are sensitive to costs and financing structure, and repeated losses could weigh on equity 1.
- Fuel pricesmedium
Fuel price swings affect costs and financial results, even though part of the exposure is hedged with derivatives 1.
- Seasonalitymedium
Revenue concentrated in the summer season makes quarterly results highly variable, and a weak season could have a strong effect 1.
- Dependence on public contractsmedium
Revenue from public service lines depends on contract terms and state payments, which could delay collections 1.
Investment thesis
What would need to be true (bull case)
- If refinancing is completed on good terms and fuel costs stabilise, margins could recover toward earlier levels, and the value of the vessels could support equity 1.
- Improved liquidity and undrawn financing lines provide a buffer that could support operations in the short and medium term 1.
- Diversification through hotels and associate stakes could reduce reliance on a single segment 1.
What would break the thesis
- The 2025 net loss and lower EBITDA show the group has not yet offset higher costs, and this could continue if tariffs do not adjust 1.
- High debt and the need to refinance in 2026 could limit flexibility and raise financial risk 1.
- Seasonality and reliance on public contracts could make revenue unstable from year to year 1.
What to watch
- Outcome of refinancing the bond tranche due in April 20262026
- Trend in EBITDA and net result versus 2025next annual report
- Level of consolidated debt and year-end liquidity2026
- Development of fuel and vessel maintenance costsnext annual report
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
The ATTICA group operates through subsidiaries in passenger and vehicle shipping and in hotel operations. The parent company is a holding entity that also provides administrative services and manages property 1. Activity is strongly seasonal for passengers and cars, peaking in July to September, while truck traffic is spread more evenly through the year 1. Consolidated revenue and margins are sensitive to fuel costs and fleet maintenance 1.
The main assets are vessels, which make up a large part of the group's tangible fixed assets 1. The group also holds stakes in associates, including ETANAP, LEUKA ORI and ANEK LINES ITALY, which are accounted for under the equity method 1. The corporate structure was simplified in 2025 through in-kind contributions and capital returns to subsidiaries 1.
The parent company acts as a holding: it earns dividends from subsidiaries and consultancy fees, carries its own bond debt and has limited liquidity 1. The board does not propose a dividend from the 2025 result, recommending to the general meeting that no profit be distributed 1.
Segments
Passenger shipping
The main segment covers domestic coastal routes, some run under a public service contract, with compensation received in 2025 supporting operating cash flows 1. Vessel operating costs, including maintenance and dry-docking, increased in 2025 1.
Market context
The reference market is passenger and vehicle shipping in Greece, with routes to the Aegean and Ionian islands and links to Italy. Demand is concentrated seasonally, and for public service lines terms are set by contracts with the state 1. The parent received compensation in 2025 for operating domestic lines, which affected cash flows 1.
Fuel prices are also relevant; they are partly hedged with derivative instruments whose accounting valuation produced significant swings in financial results 1. Staff costs rose after the new collective agreement applied in 2025 1.
Trends
- Fuel and vessel maintenance costsheadwind
Higher repair, dry-docking and supply costs could compress margins if they are not offset by tariffs or public service contract terms 1.
- Tourism seasonalitymixed
Concentration of passenger and car demand in the late summer may support results in summer quarters but exposes the group to large swings between seasons 1.
- Cost of financingheadwind
High debt and financial expenses that rose in 2025 make refinancing and interest terms important for profitability 1.
- Public service contractstailwind
Collection of compensation for domestic lines improved liquidity in 2025, and the stability of these contracts could support revenue over the medium term 1.
Competitive position
On passenger routes in the Aegean and toward Italy, the group competes with other ferry operators and fast-craft companies. Pressure is mainly felt through fares and service quality during the peak season 1.
The official source does not identify competitors in detail, so the market analysis stays limited to the general context of maritime passenger transport and hospitality 1.
- Greek ferry operators
Companies running passenger routes in the Aegean and Ionian seas that compete on the same seasonal routes.
- Fast-craft passenger operators
Fast passenger services between islands that compete on shorter journey times.
- Italian shipping operators on Adriatic routes
Operators serving Greece to Italy links, relevant to the group's stake in ANEK LINES ITALY.
- Independent hotels on Greek islands
Local hotel operators competing with the group's hotels in the same destinations.
News & filings
In the press
- Cel de-al treilea contingent de pompieri români pleacă în Grecia. Salvatorii intervin în regiunea Attica pentru stingerea incendiilor de pădureLibertatea.ro · 30 Aug 2026 · RO
- Cod roșu de incendii în Grecia / Val de caniculă cu temperaturi de 42°C / Alertă extremă în Attica și alte 11 regiuniG4Media · 24 Aug 2026 · RO
- IGSU: Pompierii români continuă misiunile în Grecia; au intervenit în regiunea Attica pentru lichidarea unui incendiuAgerpres · 04 Aug 2026 · RO
- Pompierii români continuă misiunile în Grecia. 26 de salvatori intervin la un incendiu din AtticaMediafax · 03 Aug 2026 · RO
- MAE: Niciun membru al contingentului IGSU de la Attica nu a fost implicat în stingerea incendiilor în zona coliziunii elicopterelorAgerpres · 02 Aug 2026 · RO
- Pompierii români au luptat toată noaptea cu incendiile din Grecia: misiune critică în Attica pentru salvarea caselor și animalelor din calea flăcărilorLibertatea.ro · 02 Aug 2026 · RO
- Pompierii români au intervenit la un incendiu de vegetaţie şi fond forestier din regiunea Attica din GreciaDigi24 · 02 Aug 2026 · RO
- Pompierii români pleacă să stingă incendiile de pădure din Grecia. Primul contingent, la AtticaG4Media · 30 Jul 2026 · RO
- Pompierii români pleacă să stingă incendiile de pădure din Grecia. Primul contingent, la AtticaMediafax · 30 Jul 2026 · RO
- MAE, atenționare de călătorie pentru Grecia. Risc ridicat de incendii în mai multe regiuni, inclusiv în Creta și AtticaMediafax · 29 Jul 2026 · RO
- Grecia interzice scăldatul în mai multe zone de coastă din Attica. Care sunt plajele vizateAntena 3 CNN · 29 Jul 2026 · RO
- Autoritățile din regiunea Attica, Grecia, rămân în alertă maximă din cauza riscului ridicat de incendii de vegetațieG4Media · 28 Jun 2026 · RO
Annual reports (ESEF)
- Annual report 202523 Oct 2026
- Annual report 202523 Oct 2026
Sources
- [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / ATTICA Α. Ε. ΣΥΜΜΕΤΟΧΩΝ · 31 Dec 2025
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.