Papoutsanis has announced a turnover of €66.2 million for 2024, representing a 6% increase from €62.3 million in 2023. The company reported its financial highlights, including:

- A significant 16% rise in gross profit, reaching €24.7 million compared to €21.2 million in the previous year.

- A 15% increase in EBITDA, amounting to €10.6 million, up from €9.2 million in 2023.

- Pre-tax profits of €6.1 million for 2024, compared to €5 million in 2023.

- Profit after taxes of €5.3 million, from €4.1 million in 2023.

- A 17% growth in branded products.

- Exports accounted for 55% of the total turnover.

Management plans to propose a gross dividend of €0.06 per share for the fiscal year 2024 at the upcoming Annual General Meeting of Shareholders. This proposal includes an interim dividend of €0.03 per share, which was paid to shareholders on November 15, 2024. Note that the proposed distribution is contingent on approval at the Annual General Meeting.