olivLaw · European equity research
ΕΤΑΙΡΕΙΑ ΥΔΡΕΥΣΗΣ & ΑΠΟΧΕΤΕΥΣΗΣ ΘΕΣΣΑΛΟΝΙΚΗΣ Α.Ε. EYAPS.AT
Greece · Athens Stock Exchange · ISIN GRS428003008 · Vertical: Listed companies from Greece
EYAPS.AT (ΕΥΑΘ Α.Ε.) operates the water and sewerage network of Thessaloniki, and its 2025 annual report puts a clear focus on digitalisation: the customer portal, the Roi virtual assistant and new systems for smart meters. For a utility, these investments change how households are served and how networks are maintained.
At the close of 03 Nov 2026, ΕΤΑΙΡΕΙΑ ΥΔΡΕΥΣΗΣ & ΑΠΟΧΕΤΕΥΣΗΣ ΘΕΣΣΑΛΟΝΙΚΗΣ Α.Ε. (EYAPS.AT) stock was 4.75 EUR (+1.82% on the day), with market capitalisation 172.2 m EUR, P/E 22.4 on diluted EPS of 0.21 EUR over the last 12 months, dividend yield 1.14%, beta 0.41, 52-week range 3.47–5.21 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)
- 67.7
- strong (55–70)
- Bollinger (20, 2)
- 4.04 – 4.72
- above the upper band · %B 1.04 · band width 15.5%
- SMA 50 / 200
- 4.50 / 4.27
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 0.05 / -0.01
- 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 | +13.0% | −1.0% | +14.0 pp | — |
| 3 months | +2.9% | −3.9% | +6.8 pp | — |
| 6 months | +16.0% | +7.2% | +8.9 pp | — |
| Year to date | +22.0% | +6.6% | +15.4 pp | — |
| 1 year | +27.2% | +9.1% | +18.1 pp | +0.6% |
| 3 years | +55.6% | +47.9% | +7.6 pp | +33.3% |
| 5 years | +1.0% | +43.3% | −42.4 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.
Today's P/E sits at the 67 percentile of its own 3-quarter history (min 18.3, median 20.0, max 87.4; quarters with earnings only).
Fiscal years
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 81.8 m | 85.5 m | 87.5 m |
| Revenue YoY | unavailable | +4.5% | +2.4% |
| Net income | 1.4 m | 5.9 m | 7.7 m |
| Net income YoY | unavailable | +315.0% | +31.6% |
| Diluted EPS | 0.04 | 0.16 | 0.21 |
| Diluted EPS YoY | unavailable | +314.7% | +31.6% |
| net % | 1.7% | 6.9% | 8.8% |
| Free cash flow | 3.0 m | 2.9 m | 4.3 m |
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 48.8 m EUR
- Financial debt
- unavailable EUR
- Net debt
- unavailable EUR
- Equity
- 186.4 m EUR
- Total assets
- 240.5 m EUR
- Debt / equity
- unavailable
- Current ratio
- 5.08x
- ROE
- 4.1%
- ROA
- 3.2%
- FCF margin
- 4.9%
Financial statements (source on every figure)
Revenue and net income (EUR)
Margins
Income statement · EUR
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 81.8 m | 85.5 m | 87.5 m | esef· 23 Oct 2026verified |
| Cost of revenue | 65.5 m | 63.6 m | 64.8 m | esef· 23 Oct 2026verified |
| Gross profit | 16.2 m | 21.9 m | 22.7 m | esef· 23 Oct 2026verified |
| Research & development | 134.0 k | 141.0 k | 178.0 k | esef· 23 Oct 2026verified |
| Operating income | 2.0 m | 6.3 m | 9.5 m | esef· 23 Oct 2026verified |
| Interest expense | — | 603.0 k | 578.0 k | esef· 23 Oct 2026verified |
| Pre-tax income | 2.8 m | 8.4 m | 10.3 m | esef· 23 Oct 2026verified |
| Income tax | 1.4 m | 2.5 m | 2.6 m | esef· 23 Oct 2026verified |
| Net income | 1.4 m | 5.9 m | 7.7 m | esef· 23 Oct 2026verified |
| Diluted EPS | 0.04 | 0.16 | 0.21 | esef· 23 Oct 2026verified |
| Dividend per share | 0.00 | 0.03 | 0.05 | esef· 23 Oct 2026derived |
Balance sheet · EUR
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Cash | 65.9 m | 62.2 m | 48.8 m | esef· 23 Oct 2026verified |
| Receivables | 55.0 m | 57.6 m | 61.8 m | esef· 23 Oct 2026verified |
| Inventories | 1.5 m | 3.0 m | 1.8 m | esef· 23 Oct 2026verified |
| Current assets | 126.7 m | 132.8 m | 121.1 m | esef· 23 Oct 2026verified |
| Property, plant & equipment, net | 32.0 m | 34.0 m | 39.0 m | esef· 23 Oct 2026verified |
| Intangibles (excl. goodwill) | 59.5 m | 61.6 m | 67.3 m | esef· 23 Oct 2026verified |
| Total assets | 227.2 m | 239.5 m | 240.5 m | esef· 23 Oct 2026verified |
| Accounts payable | 19.1 m | 19.1 m | 20.5 m | esef· 23 Oct 2026verified |
| Current liabilities | 20.4 m | 22.1 m | 23.8 m | esef· 23 Oct 2026verified |
| Total liabilities | 51.1 m | 52.7 m | 54.1 m | esef· 23 Oct 2026verified |
| Equity | 176.1 m | 186.8 m | 186.4 m | esef· 23 Oct 2026verified |
| Shares outstanding at year end | 36.3 m | 36.3 m | 36.3 m | esef· 23 Oct 2026derived |
Cash flow · EUR
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Operating cash flow | 8.0 m | 6.1 m | 9.8 m | esef· 23 Oct 2026verified |
| Capex | 5.0 m | 3.2 m | 5.5 m | esef· 23 Oct 2026verified |
| Free cash flow | 3.0 m ≈ | 2.9 m ≈ | 4.3 m ≈ | esef· 23 Oct 2026derived |
| Investing cash flow | -12.8 m | -8.5 m | -20.7 m | esef· 23 Oct 2026verified |
| Financing cash flow | -702.0 k | -1.4 m | -2.4 m | esef· 23 Oct 2026verified |
| Dividends paid | 6.0 k | 989.0 k | 2.0 m | esef· 23 Oct 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
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: 52.1% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
03 Nov 2026Source: olivLaw, closing series
Market cap: 172.2 m EUR
Key indicators
Coverage and freshness
Score by group
52% · 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: 0.74 – 2.68 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 · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E1.75 – 2.68 (Mid 2.25)25 companies used · median multiple 10.6x · quartiles 8.3x – 12.6xAEGN.AT, AEM.AT, ALMY.AT, ASCO.AT, ASTAK.AT, AVAX.AT, BELA.AT, BIOKA.AT, BIOSK.AT, BIOT.AT, BRIQ.AT, BYLOT.AT, CENTR.AT, DAIOS.AT, DIMAND.AT, EIS.AT, ELBE.AT, ELHA.AT, ELLAKTOR.AT, ELSTR.AT, ELTON.AT, ETE.AT, EUROB.AT, FAIS.AT, FLEXO.AT
- Dividend discount (DDM)0.74 – 1.01 (Mid 0.85)
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: 52.1% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 8.8% | 54 (vs peers) | 12% |
| FCF conversion · Quality | 55.8% | 37 (on a fixed band) | 12% |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 16.4x | 100 (on a fixed band) | 12% |
| Current ratio · Balance sheet | 5.1x | 100 (on a fixed band) | 8% |
| P/E (TTM) · Valuation | 22.4x | 17 (vs peers) | 20% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 2.5% | 31 (on a fixed band) | 16% |
| Shareholder yield (distributions) · Returns | 1.1% | 16 (on a fixed band) | 12% |
| Payout ratio (FCF) · Returns | 45.8% | 100 (on a fixed band) | 8% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet100/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality45/100 · 2/3 factors with a value
- Returns50/100 · 2/2 factors with a value
- Valuation23/100 · 2/3 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
ΕΤΑΙΡΕΙΑ ΥΔΡΕΥΣΗΣ & ΑΠΟΧΕΤΕΥΣΗΣ ΘΕΣΣΑΛΟΝΙΚΗΣ Α.Ε. (EYAPS.AT). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 87.5 m EUR in 2025; YoY growth 2.4%; net margin 8.8%; ROE 4.1%.
The estimated value range is 1.25–1.84 EUR per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 1.55 EUR, the price of 4.75 EUR leaves a potential of -67.3% (value / price − 1) and a margin of safety of -206.0% (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: 52.1% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Interest coverage: 16.4x
- Current ratio: 5.1x
- Payout ratio (FCF): 45.8%
What contradicts it
- P/E (TTM): 22.4x
- Shareholder yield (distributions): 1.1%
- The price is above the estimated value range
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): ROIC, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, EV/EBITDA.
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 | 16.7 bn | 12.3 | 14.0% | 39.7% | +2.7% | +33% / +168% |
| ETE.ATΕθνικη Τραπεζα Της Ελλαδος Α.ε. | 14.4 bn | 12.4 | 13.3% | 42.5% | −5.4% | +18% / +153% |
| ELPE.ATHelleniq Energy Ανωνυμη Εταιρεια Συμμετοχων | 5.1 bn | 29.4 | 6.4% | 1.5% | −9.0% | +103% / +120% |
| CENER.ATCenergy Holdings | 4.6 bn | 23.9 | 24.3% | 9.4% | +14.7% | +47% / +212% |
| BELA.ATJumbo Ανωνυμη Εμπορικη Εταιρεια | 3.7 bn | 11.5 | 21.5% | 26.0% | +7.2% | +1% / +14% |
| AKTR.ATΑκtor Ανώνυμη Εταιρεία Συμμετοχών, Τεχνικών Και Ενεργειακών Έργων | 2.1 bn | 114.6 | 6.7% | 1.3% | +11.2% | +11% / +197% |
| EYDAP.ATΕταιρια Υδρευσεως Και Αποχετευσεως Πρωτευουσης Ανωνυμη Εταιρια | 1.5 bn | — | -2.6% | -5.9% | −2.4% | +88% / +139% |
| ELHA.ATEλβαλχαλκορ Ελληνικη Βιομηχανια Χαλκου Και Αλουμινιου Ανωνυμος Εταιρεια | 1.3 bn | 12.6 | 9.8% | 2.9% | +5.1% | +7% / +86% |
| AEGN.ATΑεροπορια Αιγαιου Ανωνυμη Αεροπορικη Εταιρεια | 1.0 bn | 6.8 | 27.7% | 7.9% | +4.6% | −22% / −3% |
| AVAX.ATΑβαξ Ανωνυμη Εταιρεια Εργοληπτικη-Τουριστικη-Εμπορικη-Βιομηχανικη-Οικοδομικων Υλικων & Μηχανηματων | 502.7 m | 10.6 | 25.9% | 5.0% | +47.1% | +39% / +122% |
| BYLOT.ATBally's Intralot Α.ε. | 469.8 m | 15.4 | -9.3% | -12.6% | +34.8% | +13% / +20% |
| ELLAKTOR.ATΕλλακτωρ Ανωνυμη Εταιρεια | 427.7 m | 2.7 | 26.1% | 175.2% | −74.8% | −31% / −43% |
| AEM.ATAlter Ego Media Α.ε. | 350.5 m | 17.8 | 18.3% | 14.0% | +12.6% | −3% / unavailable |
| ALMY.ATΑλουμυλ Βιομηχανια Αλουμινιου Αε | 321.1 m | 10.5 | 23.5% | 6.0% | +11.7% | +15% / +119% |
| DIMAND.ATDimand Ανωνυμη Εταιρεια Αξιοποιησης Και Εκμεταλλευσης Ακινητων Και Κατασκευων Υπηρεσιων Και Συμμετοχων | 270.6 m | 7.7 | 18.5% | 58.5% | +110.6% | +44% / +30% |
| EYAPS.ATΕταιρεια Υδρευσης & Αποχετευσης Θεσσαλονικης Α.ε. | 172.2 m | 22.4 | 4.1% | 8.8% | +2.4% | +26% / +44% |
| EVR.ATΕυρώπη Holdings Α.ε. | 168.6 m | 37.2 | 2.9% | 30.7% | +435.3% | −32% / +33% |
| BRIQ.ATBriq Properties Ανωνυμη Εταιρεια Επενδυσεων Σε Ακινητη Περιουσια | 152.2 m | 6.0 | 15.5% | 116.9% | +37.8% | +15% / +73% |
| FAIS.ATΦαις Συμμετοχων Ανωνυμη Εταιρεια | 116.1 m | 8.7 | 22.1% | 6.3% | +12.9% | −7% / unavailable |
| DAIOS.ATΔαϊος Πλαστικα Ανωνυμη Βιομηχανικη Εμπορικη Εταιρεια Α.ε. | 100.5 m | 10.2 | 14.0% | 15.6% | +9.1% | −6% / +109% |
| ASTAK.ATAlpha Real Estate Services Ae | 96.1 m | 12.8 | 10.4% | 30.3% | +22.4% | −5% / −6% |
| 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. | 59.5 m | 10.4 | 14.1% | 15.8% | +16.4% | +10% / +105% |
| AVE.ATAve Α.ε. | 50.9 m | — | -25.2% | -7.4% | +8.2% | −7% / −12% |
| 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 EYAPS.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 | 2.75 Total return -41% · Per year -41% | 4.86 Total return 4% · Per year 4% | 7.33 Total return 56% · Per year 56% |
| 3 years | 2.55 Total return -44% · Per year -17% | 5.10 Total return 11% · Per year 4% | 8.45 Total return 83% · Per year 22% |
| 5 years | 2.38 Total return -46% · Per year -12% | 5.35 Total return 19% · Per year 4% | 9.76 Total return 114% · Per year 16% |
- Exit P/E± 1.27
- Net margin± 0.89
- Annual revenue growth± 0.75
- Annual dilution± 0.07
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
EYAPS.AT (ΕΥΑΘ Α.Ε.) operates the water and sewerage network of Thessaloniki, and its 2025 annual report puts a clear focus on digitalisation: the customer portal, the Roi virtual assistant and new systems for smart meters. For a utility, these investments change how households are served and how networks are maintained.
SWOT
Strengths
- A digital portal with high adoption, and electronic services that are the most used among those the company offers.
- A structured digital transformation programme, with projects under way in data, meters and security.
- Experience in digitising archives and integrating systems for documents and billing.
Weaknesses
- Many major projects depend on public funding or procurement processes that can delay the timeline.
- Some systems, such as those for water networks, are still being implemented, which limits immediate benefits.
- Dependence on several external providers for security and consulting can add management complexity.
Opportunities
- Extending portal functions could reduce bureaucracy and customer-relations costs.
- Data from smart meters and IoT sensors could support predictive maintenance of the networks.
- The virtual assistant and the employee app could improve internal communication and efficiency.
Threats
- A cybersecurity incident on critical infrastructure could affect service and reputation.
- Changes in security and data regulation could raise compliance costs.
- Delays in public funding or procurement could postpone modernisation projects.
Risks
- Cyber risk in critical infrastructurehigh
Expanding IT and OT systems increases the attack surface. If an incident affected water or sewerage, the consequences would be operational and reputational.
- Dependence on state fundingmedium
The major new IT ecosystem project was, at the report date, still being checked for state-resource funding, which could delay investment.
- Delays in commissioningmedium
Several systems are planned for 2026, and technical or procurement delays could push benefits further out.
- Reliance on external providersmedium
Security, cloud and consulting depend on third parties, and problems at one provider could affect several processes at once.
- Personal data protectionlow
The large volume of customer and employee data, including from smart meters, imposes strict protection and GDPR compliance requirements.
Investment thesis
What would need to be true (bull case)
- High adoption of the portal and electronic services shows that digitalisation works for customers, which could lower operating costs over time.
- Projects for smart meters and predictive maintenance could improve the precision and efficiency of water and sewerage operations.
- The cybersecurity programme, aligned with NIS 2, could strengthen the resilience of the critical infrastructure the company runs.
What would break the thesis
- Many projects depend on public funding and procurement, which could delay benefits and add pressure on the budget.
- A larger digital footprint raises the risk of a cyber incident, which could carry high remediation costs.
- Several systems are still being implemented, so their value cannot be fully measured from the information available.
What to watch
- Commissioning of the works management system for networks and metersQ1 2026
- Launch of the system for reading and managing customers' water meters2026
- Decision on state funding for the new IT ecosystem2026
- Results of NIS 2 implementation and the cybersecurity plannext annual report 2026
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 company manages the water supply and sewerage networks in the Thessaloniki area and provides consumer services, including connections, meter reading and fault response. The annual report for fiscal 2025 describes a digital transformation strategy aimed at simplifying processes for customers and employees.
The MyEyathPortal, launched in May 2023, lets customers open an electronic file, make payments, report faults and submit service requests, authenticated through TAXIS 1. By the end of 2025 more than 178,612 user profiles had been registered 1.
In parallel, the company is developing a new IT ecosystem for support functions, a system for managing smart meters and an application for network works, with commissioning planned for 2026 1.
Segments
Digital customer services
The portal and the myEYATH mobile app are the main channel for customer relations. The report points both to growing user numbers and to integration with the Papyros document system 1.
Operations and infrastructure
The core activity remains managing water and sewerage networks, pumping stations and meters. The AIMMS projects for faults and maintenance, and the digital twin pilot at a pumping station, aim at efficiency and predictive maintenance 1.
Cybersecurity
The company extended IT and OT monitoring, is adopting the NIS 2 directive through law 5160/2024, and has contracted SOC services and vulnerability assessments from external providers 1.
Market context
The operator serves a large urban area where water demand and sewerage services are stable, and public regulation and cybersecurity requirements shape its investment. The report gives no total market size, so conclusions about market share cannot be drawn from this source.
The European NIS 2 framework, transposed through law 5160/2024, requires cybersecurity measures for critical infrastructure, which raises compliance costs but also the standard for all operators 1.
Trends
- Digitalisation of customer servicestailwind
Growing use of electronic channels, from the portal to the chatbot, could lower customer-relations costs and bureaucracy. The report notes that electronic services are the most used of the company's services 1.
- Smart meters and field datatailwind
Integrating smart meters with central systems and using SCADA and IoT data could improve reading accuracy and predictive maintenance, but requires investment and new skills 1.
- Regulatory pressure on securityheadwind
NIS 2 requirements and new rules on the responsible security officer add obligations and compliance costs, and a cyber incident could affect essential services 1.
- Reliance on public fundingmixed
The major new IT ecosystem project was, at the report date, still exploring funding from state resources, so the investment timeline depends on external decisions 1.
Competitive position
The analysed source does not describe a competitive landscape, since the operator works under a local mandate for water and sewerage. Direct competition is generally limited in this type of service, and comparisons should be made with other Greek utility companies.
The main pressure comes from customer expectations for digital services and from technology requirements rather than from other water suppliers. The company relies on external providers for security, cloud and consulting, and the report names Neurosoft, Obrela and Bluestream 1.
- Neurosoft
Provider of SOC and OT monitoring services to the company, more a partner than a direct competitor.
- Obrela Security Industries
Provider of cybersecurity upgrade services and third-party risk management work.
- Bluestream
Partner for applying Microsoft security recommendations in the company's cloud environments.
- Palo Alto Networks
Supplier of security equipment used in the company's IT and OT environments.
News & filings
In the press
No news in our archive over the last 180 days.
Annual reports (ESEF)
- Annual report 202523 Oct 2026
- Annual report 202423 Oct 2026
Sources
- [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / ΕΤΑΙΡΕΙΑ ΥΔΡΕΥΣΗΣ & ΑΠΟΧΕΤΕΥΣΗΣ ΘΕΣΣΑΛΟΝΙΚΗΣ Α.Ε. · 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.