Avax S.A. Reports Earnings Results for the Half Year Ended June 30, 2020
October 02, 2020 at 05:00 am EDT
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Avax S.A. Announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was EUR 259.961 million compared to EUR 315.085 million a year ago. Net income was EUR 10.331 million compared to EUR 9.075 million a year ago. Basic earnings per share from continuing operations was EUR 0.0716 compared to EUR 0.1169 a year ago.
Avax SA, formerly J & P Avax SA, is a Greece-based construction company. It operates through four segments: Construction, Energy, Concessions, and Other Activities. The Construction segment is involved in the large-scale private and public works in energy and transportation infrastructure. The Energy segment designs and constructs mainly power plants and related structures. The Concessions segment manages the Companyâs participations in concessionâs projects. The Other Activities segment includes real estate development operations and facility management, which offers a wide range of services for managing and maintaining business installations, corporate offices and buildings. It is active both locally and internationally.