Sponsor

Intrakat Group

Founded in 1987, Intrakat (INKAT, INKAT:GA, INCr.AT) represents today one of the leading and most rapidly growing constructions groups in Greece, with established presence in the wider region of Southeastern Europe. The company possesses a 7th class degree of the Register of Public Works Contractors and focuses in a particularly diversified portfolio of infrastructure projects, environmental projects, PPPs & concessions, renewable energy sources, real estate and waste management. Intrakat possesses accumulated experience and extensive know-how in all the sectors of its activities and stands out for its specialized human resources. Intrakat is a strategic partner of sustainable development, with responsible and transparent operations, a strict corporate governance framework and a well-developed program of initiatives concerning society, the environment and employees, which creates added value for all stakeholders in each one of its areas of activity. The company has been listed on the Athens Exchange since 2001.

Key Highlights:

Main shareholder is Winex Investments, controlled by Alexandros Exarchou, businessman and Dimitris Bakos along with John Kaimenakis, with strong presence in the shipping industry.
A leading infrastructure group in Greece with presence in 5 countries outside Greece and with a well-diversified portfolio of activities namely Construction, RES, Energy Storage, PPPs/Concessions, Real Estate, Environment and Technology.
Solid HY results with group EAT of €18m (turnaround from -€18m y/y) and a backlog of €2.1bn up 71% y/y;
New management team with strong execution capabilities.
ESG sensitive with a holistic strategy to be deployed on these angles;
Among the top 5 performers in the Athens Stock Exchange over the last 12 months with a current market cap of c. €0.5bn (+105%c y/y return)
New Group post Aktor’s acquisition creates a dominant player in Greece with a strong presence in 7 countries abroad and with group turnover in excess of €1bn, a backlog of projects €5bn (end of 2023) and more than 3,000 employees. AKTOR provides a full range of extensively differentiated services in the sectors of constructions, photovoltaic parks, quarrying activities, technical facilities, and project management, in Greece and abroad, producing innovative and sustainable projects, which are expected to contribute further to the development and enlargement of the new group.