Papoutsani's turnover in the first half of 2024 stood at €31.7 million compared to €32.2 million in the corresponding period of 2023, a slight decrease of 1.4%, with the value of exports accounting for 53% of total turnover.

For the year as a whole, turnover is estimated to strengthen compared to 2023, as the new partnerships already being implemented will be in full swing in the second half of 2024.

The completion of the strong investment plan has created the necessary free capacity (around 50% on average), setting the right conditions for new partnerships. The company is currently in negotiations with large multinationals and smaller companies for new projects that will further enhance turnover and profitability.

In terms of profitability for the first half of 2024, Management expects improved financial results compared to 2023 thanks to a number of actions aimed at improving mainly gross profitability