Trek Development remains profitable; plans strategic acquisitions in 2026

Trek Development is focusing on maintaining its revenue and profitability growth momentum during the current financial year, as highlighted by the company’s management.

The company is prioritizing the strengthening of its financial performance through organic growth, while also pursuing expansion via acquisitions. The listed firm intends to complete two to three acquisitions within the year, primarily targeting the professional services sector as well as construction and energy-related projects. It is already at an advanced stage in an acquisition within the professional services segment. The company’s backlog of signed contracts stands at approximately 8.5 million, with the majority of these projects scheduled for execution over 2026–2027 and some of them extending into 2028. Management emphasized that Trek Development does not depend on projects funded by the Recovery and Resilience Facility.

During the previous financial year, Trek Development recorded a 28.69% increase in sales compared to 2024, reaching 3.8 million. EBITDA (earnings before interest, taxes, depreciation and amortization) rose by 110.97% to 1.7 million, while profit before tax amounted to 1.6 million, up from 756,677 in 2024. As of 31 December 2025, the company reported zero total debt, both short-term and long-term.

According to the company’s Chairman, Konstantinos Papapolyzos, “in 2025 we laid the foundations and are already seeing the first results in the development of Critical and other Public Interest Infrastructure projects, focusing on vertical markets such as Energy Efficiency and the Upgrade of Public Building Stock, Digital Transformation, and ‘Smart Water’ solutions. At the same time, our traditional Services (Advisory) segment has been further strengthened; however, we are transforming from a Consulting firm into a Project Development Services company, with further vertical integration in Energy and Critical Infrastructure. We provide end-to-end Project Management, Project Finance, and Construction Management services for the maturation and development of large-scale infrastructure projects.”

He added that “these two business pillars of TREK—Infrastructure Development and Project Development Services—will be further reinforced in 2026 through both organic and inorganic growth.”