The turnover of the milk industry KRI-KRI S.A. amounted to €207.48 million in the first nine months of 2024 compared to €176.67 million in the corresponding period of 2023, recording an increase of 17.4%.

In particular, according to the financial statements published today, the key profitability figures for the nine months were as follows:

• Gross profit amounted to €69.45 million compared to €62.74 million in the first nine months of 2023.
• Operating profit (EBITDA) amounted to €43.72 million compared to €41.54 million in the first nine months of 2023.
• Profit before tax amounted to €40.06 million, compared to €37.84 million in the first nine months of 2023.
• Net profit after tax amounted to €36.36 million, compared to €30.19 million in the first nine months of 2023.

In the yoghurt sector as a whole, sales increased by +16.3% in value and +19.7% in volume. In international markets, yoghurt sales showed strong double-digit growth of +29.9%, exceeding €98m. They now account for 62.2% of dairy activity. There is a significant boost from the key markets of the UK and Italy, as well as from the entry into new markets such as France.