Commenting on an electronic press article and for the accurate information of the investor’s community, PPC S.A. clarifies the following:
- Customers’ overdues, excluding settlements, were reduced during the first two months of 2017 to € 2.2 billion.
- Cash and cash equivalents of the Group on 31.12.2016 amounted to € 501 million.
- The average cost of debt of the Group in 2016 was reduced to 4.64% from 4.81% in 2015, and
- During the last three years, the Company has carried out capital expenditure of an average of €750 million per year, for the modernization of its networks and the upgrading of its generation potential.
Athens, April 13, 2017
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