AKTOR Group is turning a new page in its history following the successful completion of a €650 million share capital increase (SCI) and the issuance of a €300 million bond, providing the company with strong capitalization to execute a major €3 billion investment program for the period 2026–2031. The plan aims to expand the group into new economic sectors and generate significant value for its shareholders.
The Chairman and CEO of AKTOR Group, Alexandros Exarchos, officially opened the trading session at the Euronext Athens stock exchange to mark the listing of the new shares. He emphasized that AKTOR Group is today writing a new chapter in its history, describing it as a landmark day — both for the company and for himself personally — as the management’s vision of building a large, outward-looking, and dynamically growing group is now becoming a reality.
Exarchos noted that AKTOR Group currently holds €1.3 billion in cash, a low net leverage ratio of 1.6x debt-to-EBITDA — which is expected to remain at conservative levels throughout the entire investment period — and a pro forma EBITDA of €207 million, with a target to grow this figure to between €600 million and €700 million by 2031. He also highlighted that the SCI’s goal of attracting international shareholders who recognize the stock’s long-term value was achieved with great success.
The group’s chief executive briefly reviewed the past 18 months, during which the company raised a total of €1.3 billion in investment capital through share capital increases and bond issuances. He added that AKTOR Group has always had its own momentum — having consistently been Greece’s largest construction company — and that today it has returned to where it rightfully belongs: at the top of the market in both Greece and Southeast Europe.
Euronext Athens CEO Giannos Kontopulos stated that AKTOR Group’s successful share capital increase represents a clear vote of confidence from the investment community in the group’s growth prospects. Meanwhile, Hellenic Capital Market Commission President Vasiliki Lazarakou noted that a capital raise of this scale brings both momentum and depth to the Greek market, serving as a clear indicator of the country’s stock market maturity.
