EYATH S.A. [Bloomberg ticker: EYAPS:GA] Equity Research & Valuation Note
Thessaloniki Water Supply & Sewerage Co S.A. (or EYAPS), doing business as EYATH S.A., provides water supply and sewerage services in Greece. It engages in the design, construction, installation, operation, management, maintenance, extension, and renewal of water supply and sewerage systems. The company’s activities include projects, such as desalination, pumping, treatment, storage, transport, distribution, and management of water, as well as the collection, transport, treatment, storage, and management of wastewater.Thessaloniki Water and Sewage Company supplies water and provides sewerage services. Also, Co., through its subsidiary company EYATH Services S.A, aims to provide services besides those of the parent company, and any kind of telecommunication services and also to become active in the production and sale of electricity. The operation of sewerage services includes the collection through the sewerage network, transportation, the cleaning in the sewerage treatment plants and the disposal in the natural environment of the liquid urban sewages and industrial wastes of the greater region of Thessaloniki.
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