Following the 31.08.2022 announcement by Papoutsanis regarding the acquisition of 100% of the “Arkadi” soap factory by Papoutsanis and under no. 2095 / 02/09/2022 letter from the Capital Market Commission to the company, the company additionally announced the following: The acquisition of the ARKADI company by Papoutsanis comes as the culmination of a long-term and […]
Tag: Papoutsanis
Papoutsanis: Acquisition of the Arkadi Soap Factory
Papoutsanis announced the acquisition of 100% of “Arkadi” Soap Factory. “With this agreement, which is fully aligned with its philosophy and business strategy, Papoutsanis enters the clothing care and general purpose cleaners markets, simultaneously strengthening its product portfolio and its presence in the Greek market,” the relevant announcement states . Menelaos Tasopoulos, managing director of […]
Papoutsani’s revenues increased in the first half
At the same level (2.5 million euros) as in the first half of 2021, the profits after taxes of Papoutsanis were formed in the first half, while the increase in exports and turnover during the same period was significant. In particular, the turnover was 33.6 million euros showing an increase of 39%, the profits before […]
Papoutsanis: 45% increase in turnover in the first quarter – ‘Jump’ 83% in exports
Papoutsani’s turnover increased by 45% in the first quarter of 2022 and amounted to 14.9 million euros compared to 10.3 million euros compared to the corresponding quarter of 2021. The significant increase in turnover is attributed to the partial restart of the hotel market in Greece and abroad, the doubling of sales of special soap […]
Papoutsanis: 45% increase in turnover in the first quarter
Papoutsanis SA announced strong growth for the first quarter of 2022. In particular, as announced by the listed company, the operations’ Circle shows a 45% increase with sales amounting to 14.9 million euros compared to 10.3 million euros in the corresponding period of 2021. The significant increase in turnover is attributed to the partial restart […]
Papoutsanis: The prospects and the answer for a possible opening in sunscreens and detergents
of Matinas Harkoftaki Opening up to foreign markets and agreements with large hotel complexes and multinational groups, Papoutsanis remains committed to its strategic planning, which includes high growth rates, further strengthening of its commercial footprint both inside and outside the country, as well as expanding its product. portfolio. “As we have doubled our sales in […]
Papoutsanis: 26% increase in profits after taxes in 2021 – At 54.8 million sales
Papoutsanis SA records strong growth for 2021, presenting a significant increase in results and an increase in sales in all areas of activity. For the 6th consecutive year, the consolidated turnover records a significant increase and amounts to 54.8 million euros compared to 40.8 million euros in 2020 attributed to the high performance achieved by […]
Program for distribution of shares to executives from Papoutsanis
The establishment of a share distribution program for the benefit of executives who provide services to the Company on a fixed basis, in the form of an option to acquire shares, in accordance with the current regulatory framework, was carried out on 18.02.2022 by the Board of Directors of Papoutsani, following provided by the Ordinary […]
Papoutsanis: Turnover increase by 34% in 2021
For the sixth consecutive year, Papoutsanis announced a high double-digit increase in turnover, which stood at 34% for 2021, confirming its steady upward trend. Specifically, total sales for the year 2021 amounted to 54.8 million euros compared to 40.8 million euros in 2020. In addition, Papoutsani’s exports record a significant increase of 70% compared to […]
Papoutsanis: By reducing production costs – costs and passing on increases responds to the energy crisis
With a reduction in production costs, as a consequence of its investment plan of the last two years, reduction of operating costs and especially disposal costs which were extraordinarily burdened this year by high transport and storage costs due to depositing the products in third party facilities and with a large rollover Papoutsanis intends to […]