)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
GEK Terna (GEKTERNA) investor relations material
GEK Terna Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary21 Nov, 2025
Executive summary
Revenues reached €2,874.9m, up 28.7% year-over-year, with growth across all business lines and improved performance in all segments.
Adjusted EBITDA rose 66.2% year-over-year to €463.9m, with margin improving to 16.1% from 12.5%, driven by new concession projects.
Net profit excluding non-operating items was €106.6m, up 11.0% year-over-year; EPS at €1.06.
Profit before tax climbed to €133.0m from €124.2m in the prior year period.
Financial highlights
Group cash and cash equivalents stood at €1.97bn, with €1.22bn at the parent company after a successful bond issuance.
Parent company adjusted net debt was €145m; group consolidated adjusted net debt at €3.1bn, both reduced from year-end 2024.
Construction backlog reached €9.2bn, with €6.8bn in signed projects, providing high visibility and low risk.
Capital gains realized from the sale of a 10% stake in Attiki Odos at a 15% premium.
Concessions segment revenues surged 96.1% to €401.5m; operating profitability up 112.2% to €267.3m, now 57% of total group EBITDA.
Outlook and guidance
Egnatia concession commencement expected before year-end; North Crete concession to start in early 2026.
Kasteli airport construction over 65% complete, targeting completion within 2026.
Operating profitability growth is expected to be sustainable, driven by long-term, stable revenue streams from concessions.
Further improvement anticipated with the operation of new concession projects and increased traffic volumes.
Timeline for new concession project profitability impact?
How backlog mix mitigates construction risk?
Electricity segment strategy for volume growth?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next GEK Terna earnings date
H2 202528 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
GEK Terna S.A. is a Greece-based diversified infrastructure and energy company engaged in construction, renewable energy, concessions, and real estate development. The company operates through subsidiaries involved in large-scale civil engineering projects, power generation from renewable sources, and the management of concessions such as highways and airports. It also has investments in industrial and commercial real estate. The company is headquartered in Athens, Greece, and its shares are listed on the ATHEX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage