Papoutsanis Reports Increased Revenue and Profits in Q1 2025

Papoutsanis experienced a 21% increase in revenue during the first quarter of 2025, reaching €17.2 million compared to €14.2 million in the same period last year. Exports accounted for 61% of total operations, highlighting the company’s growth. According to an announcement, the strong expansion led to improvements in all profitability indicators, with post-tax profits rising to €1.2 million, up 78.5% from €0.7 million in Q1 2024. Operating expenses increased by 25%, influenced significantly by sales performance, particularly in branded products. The improvement in post-tax profits was also supported by reduced income tax due to completed investment programs offering tax incentives. For the entirety of 2025, Papoutsanis anticipates double-digit growth in turnover, driven by its four key business pillars. Profitability is expected to follow a similar positive trend. Regarding contributions from the four operational sectors in Q1 2025, 28% of total revenue came from branded product sales domestically and internationally, 15% from hospitality market sales, 42% from third-party productions, and 15% from industrial sales of special soaps. Detailed insights reveal that branded products saw robust 26% growth, attributed to dynamic product portfolio expansion and entry into new household care categories. Sales in the hospitality sector grew by 34%, driven by both branded and third-party exports. Third-party products (industrial sales, private label) showed significant 21% growth due to expanded partnerships with existing clients. Industrial soap sales continued their upward trajectory with a 5% increase through client base expansion.