Press Release
A profitable start with increased financial results for insurance activities in H1 2025 for Evropi Holdings Maroussi, 17 September 2025 - Evropi Holdings, published its financial statements on a standalone and consolidated basis for the period ended June 30, 2025, which have been drafted according to the International Financial Reporting Standards (IFRS).Major corporate and investment developments of the first half of 2025
The acquisition of 100% of the share capital of the insurance company "EVROPI SINGLE MEMBER GENERAL INSURANCE S.A.".
The acquisition of 100% of the share capital of "NIKOLAOS KATSIBERIS AND PARTNERS INSURANCE AND REINSURANCE BROKERS S.A." with the distinctive title "NAK Insurance Brokers S.A.".
The successful completion of a share capital increase in cash, with pre-emptive right in favor of the existing shareholders, raising total capital amounting to €68,338,352.40.
The acquisition of 100% of the share capital of "AMYNA INSURANCE BROKERS PC".
The share capital increase of €28,000,000 in cash of the 100% subsidiary "EVROPI SINGLE MEMBER GENERAL INSURANCE S.A.".
Major financials and performance during the first half of 2025
The financial results for the first half of 2025 show a significant increase in revenue and profits, reflecting the positive contribution of the business transformation and of the new acquisitions. The financials are not directly comparable to the corresponding period of 2024, due to the integration of new activities as of April 2025. In order to depict comprehensively the impact of the acquisitions, key consolidated figures incorporating the entire first half for the insurance activities (01.01-30.06.2025) are also presented:
GROUP (amounts in €) | Reported 01.01-30.6.2025 | Full integration 01.01-30.6.2025 |
Revenues | 10,256,474 | 18,786,244 |
EBITDA | 3,546,876 | 6,814,133 |
Earnings before taxes (ΕΒΤ) | 2,779,999 | 5,923,910 |
Total Assets | 241,203,531 | 241,203,531 |
Total Equity | 177,449,029 | 177,449,029 |
Net Debt | - 18,577,362 | - 18,577,362 |
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Performance of New Acquisitions
The new companies acquired by the Group during the first half of 2025 recorded: Increase in Revenues: +14.5%
Increase in EBITDA: +14%
Increase in Earnings before Taxes: +15%
This performance significantly exceeds the average growth rate of the Greek insurance market and is recorded already, even before the expected synergies between the companies and the broader INTRACOM Holdings Group begin to pay off. -
Stability and Strong Capital Adequacy
The Group's solvency ratios reached outstanding levels:
- SCR Ratio: 392.69%
- MCR Ratio: 1.511.54%
30.6.2025 |
Revenues € 3,177,346 |
EBITDA € 940,364 |
Earnings before taxes (ΕΒΤ) € 239,479 |
Total Assets € 225,482,817 |
Total Equity € 188,122,893 |
Total Value of Real Estate Investments € 102,704,824 |
Weighted Average Yield from Leases % 6.10% |
Net Debt € 19,450,370 |
Net Debt to Equity % 10.34% |
Leverage Ratio (Net Debt to Total Capital Employed) % 8.63% |
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