News
November 23, 2020

Dividend payment by HCAP to the Greek State

The Hellenic Corporation of Assets & Participations (HCAP) announces that it has proceeded with the payment to the Greek State of a dividend for the fiscal year 2019, amounting to approximately € 42.1 million (compared to approximately € 7.2 million last year). The significant increase in the dividend was a consequence of the good performance of HCAP and its subsidiaries in 2019 (during which profits more than quadrupled to € 57.1 million from € 13.1 million the previous year). Regarding the year 2020, and despite the adverse conditions and the fact that some companies in HCAP’s portfolio did not distribute a dividend as they are withholding liquidity for their safe operations during the pandemic crisis (such as, for example, Athens International Airport), HCAP maintains a profitable performance, with profits at a corporate level of approximately € 27.3 million in the first half of 2020.

GrowthFund
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.