EYATH signs PAOK stadium pact. EYATH stock holds EUR 159.0 million value
Published on 10/15/2026 at 13:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOperations and financial strength
- EYATH and PAOK agreed on stadium network works on October 2, 2026.
- Revenue reached EUR 47.4 million in the first half of 2026, up 14.5 percent.
- EYATH stock was trading at EUR 4.39 at 12:50 p.m. CEST at Lang & Schwarz on October 15, 2026.
EYATH (GRS428003008) was trading at EUR 4.39 at Lang & Schwarz on October 15, 2026 at 12:50 p.m. CEST. The Thessaloniki water utility had signed a strategic cooperation agreement for network works linked to the new PAOK stadium on October 2, 2026, according to PAOK FC.
The agreement covers surveys, technical studies and the planned relocation of water and sewerage networks in the Toumba area. EYATH is responsible for the necessary studies, while the Double-headed Eagle's Nest is funding the studies and works, giving the announcement a defined operating link to the stadium project.
Three milestones shape the story
EYATH's recent chronology starts with the European Investment Bank's September 18, 2026 advisory support for one long-term investment program. The EIB said the work would address sustainable and resilient water and wastewater infrastructure in the Thessaloniki area, according to the European Investment Bank.
On September 25, 2026, EYATH reported first-half revenue of EUR 47.4 million, an increase of 14.5 percent from EUR 41.4 million in the first half of 2025. Epixeiro reported that adjusted for EUR 1.2 million of nonrecurring charges, EBITDA would have reached EUR 9.3 million instead of the reported EUR 8.1 million.
What does the profit mix mean?
The first-half figures show stronger sales and gross profit alongside pressure below the operating line. Net profit fell 22.0 percent to EUR 2.6 million, while cash stood at EUR 45.2 million at the end of June 2026 and debt remained at EUR 0.0 million, according to the same report.
The financial calendar had placed the six-month results announcement on September 25, 2026. EYATH's longer investment agenda therefore combines network modernization with digital tools, while the PAOK agreement gives the company a specific near-term application for its technical expertise.
Stock value and investor context
The finance snapshot valued EYATH at EUR 159.0 million on October 15, 2026, with 1,728 shares in the reported trading snapshot. Its listed instrument is EYAPS.AT on the Athens Exchange, and its business is classified as a utility providing water and wastewater services.
EYATH also received a second global GIS distinction on October 5, 2026, after being selected among 187 organizations at the ESRI user conference, according to Euro2day. That award and the stadium agreement point to two practical uses of the company's digital and engineering capabilities.
Price stays tied to Athens trading
EYATH was trading at EUR 4.39 at Lang & Schwarz on October 15, 2026 at 12:50 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of EYATH stock.
EYATH stock facts
- Company: Thessaloniki Water Supply & Sewerage Co. S.A.
- ISIN: GRS428003008
- Ticker: EYAPS.AT
- Primary exchange: Athens Exchange
- Price Lang & Schwarz (as of October 15, 2026, 12:50 p.m. CEST): EUR 4.39
- Market capitalization: EUR 159.0 million (as of October 15, 2026)
- Sector / Industry: Utilities / water and wastewater services
Market context: Market report Euro Stoxx 50.
