Market Daily News for 07-Oct-2022
Daily headlines
* Greece might be upgraded in today’s scheduled credit rating review
* PPC (DEHr.AT – PPC GA): one-off windfall profits tax bill for electricity generators to be finalised in November, government mulls similar scheme for suppliers from August 2022 onwards
* Greece to tax by 33% refiners’ windfall profits of FY22
* Jumbo (BABr.AT – BELA GA) Sep sales grew 7% (3% beat), 11% above Sep’19, on solid Greece, bringing Jan-Sep bill 11% higher (8% ahead of 9M19)
* GEK Terna (HRMr.AT – GEKTERNA GA) eyes 20% stake in the Greek Ariadne Interconnection
* Mytilineos (MYTr.AT – MYTIL GA) and GEK Terna (HRMr.AT – GEKTERNA GA) bid for €120m worth of construction work at Ellinikon
* Privatisations update: €84m proceeds from Igoumenitsa port
If you are a client and want access, visit the new website www.research.pantelakis.gr or contact your Pantelakis Securities representative.
