Hellenic Exchanges says profits sharply up in 2013

Hellenic Exchanges Group on Thursday reported a significant increase in its after-tax profits to 32.3 million euros in 2013, from 11.9 million euros in the previous year, boosted mainly by higher revenues from a recapitalization of the country's systemic banks.

Hellenic Exchanges says profits sharply up in 2013
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The company's board will seek shareholders' approval on a plan for a capital return worth 0.20 euros per share, up from 0.12 euros in the previous year. Hellenic Exchanges said it will skip dividend payment according to ANA-MPA

Net earnings per share totaled 0.49 euros, sharply up from 0.18 euros in 2012. Consolidated turnover totalled 81.5 million euros in 2013, from 33 million euros in 2012, boosted by transactions in a bank recapitalisation plan and a tender offer for Coca-Cola HBC. Trading, clearing and settlement of warrants – introduced in the second quarter of the year - also boosted turnover in the market.

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