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Minoan Lines posts first-half profit after paying off bank debt

Greece’s Minoan Lines has ended the first half of 2018 in the black and can look forward to enhanced results in the second half, which includes the peak summer ferry season. The results come after a busy first six months of 2018 that saw the Grimaldi Group company repay a large syndicated bond loan, leaving itself free of bank debt

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The company said it expects the results during the second half will be enhanced by its addition of new routes

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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