Hellenic Railways Organization

OpenCalais Metadata: Ticker

OpenCalais Metadata: LegalName

HELLENIC RAILWAYS ORGANIZATION S.A.

OSE reports improved financial performance

The Hellenic Railways Organization (OSE) reported improved financial results in 2018, with its earnings before interest, tax depreciation and amortization (EBITDA) showing a 93 percent improvement from 2017: In absolute figures EBITDA amounted to just -430,000 euros, against -6.11 million in 2017, approaching the desired result - zero EBITDA - for the corporation, so as to stop incurring losses