Market Daily News for 13-Sep-2024

Daily headlines

* Moody’s scheduled to review Greece’s credit rating tonight

* GEK TERNA (GEKTERNA GA) finalizes Athens Ring Road (ARR) contract

* Titan Cement (TITC GA) advances decarbonization with sustainability-linked financing and strategic investments

* Lamda Dev. (LAMDA GA) Q2 adj. EBITDA landed at €7.1m (in line) vs €18.6m a year ago, as mix-effects weigh on Ellinikon gross margin; Ellinikon cash proceeds pile up, now at €776m (set to exceed FY24 €900m guidance), easing execution risks

If you are a client and want access, visit the new website www.research.pantelakis.gr or contact your Pantelakis Securities representative.