Financial status

In 2015, the company’s turnover reached 135,6€ million (compared to €133,7 million in 2014). Earnings before taxes (EBT) amounted tο €10,6 million (2014: €11,3 million.)

The company increased its sales and strengthened its position in all categories of its business operations.

The company continued to strengthen its leading position in biscuits, having launched new high value-added products. It has also maintained its successful course in the fresh sliced bread market with the brands Traditional “Choriano” bread, “Geusi2” and “Archaia Spora (Ancient Seeds) with Dicoccum Wheat”.

In the field of bakery products, the company ranks second but retains its position as market leader in the category of premium rusks.

In addition, the company has further strengthened its volumes and market share in the cereal bars category with the Digestive Bars brand.

Internationally, the company maintains its growth trajectory, aiming to further penetrate the Organized Retail Networks in the European markets as well as the markets of the Middle East.

2014 (in thous. Euro)  2015 (in thous. Euro)
Total Assets 169.292 155.072
Equity 81.473 83.292
Liabilities 87.819 71.780
Turnover 133.694 135.577
Earnings before taxes 11.319 10.593