Attica Group Honored as a ‘True Leader’ for Third Consecutive Year

Attica Holdings SA (Attica Group), member of the Marfin Investment Group, was recently honored with the prestigious “True Leader” title for the third consecutive year by credit rating agency ICAP Group.

The distinction confirms Attica Group’s leading position in the Greek passenger shipping industry, as well as in the Greek business in general, as one of the country’s leading business groups.

The True Leaders annual award was given to companies and groups that exhibited superior performance and progress in 2016 based on four criteria, namely Profitability, Increase of Employees, high Credit Worthiness (ICAP Score) and Leading Position in their industry.

Attica Group received the award having met all four of ICAP’s objective and measurable criteria in 2016:

– Ranked among the 200 most profitable Groups for 2016 occupying the 29th place with 70 million euros EBITDA.
– Is included among the 150 Groups with the largest number of personnel, which was increased by 4.5 percent compared to the previous year.
– Held one of the leading positions in its industry based on its turnover.
– Had a high ICAP Credit Score (Evaluation of Creditworthiness).

“We continue to work hard, staying true to our vision of strengthening the leading position and long term value of the Group with profitable expansion in new markets and activities, offering high quality services that exceed market expectations,” said Attica Group CEO Spiros Paschalis.

Attica Group engages in passenger shipping via the Superfast Ferries, Blue Star Ferries and Africa Moroco Links (AML) companies, operating a total of 15 ships that provide modern, high quality transportation services in Greece and abroad.

“In 2016, Attica Group made significant steps forward expanding its activities to new markets, connecting Morocco and continental Europe via the newly established company Africa Moroco Links,” Paschalis added.

ICAP Group is the only company recognized as a Credit Rating Agency by the Hellenic Capital Market Commission and the European Securities and Markets Authority (ESMA).