In the course of transformation enters its network of service stations Eliniwith the President and Managing Director of the company, Yiannis Aligizakis, announcing to yesterday’s (3.7.2025) General Meeting of shareholders that in 2025 they are expected to be important in 2025. agreements.
These agreements relate to cooperation with catering companies and the enhancement of Elini’s presence in the electricity sector with charges, LNG-CNG stations and investment in renewable energy sources.
Specifically, the company plans to offer its stations -in addition to fuel – brown and ready mealsdifferentiating its services and forming an experience different from that of competition. “We want to stand out,” said Mr. Aligizakis.
“There is a need for ready -made food at stations. The bet is now to keep the consumer inside the station, not to serve him quickly and leave, “the company leader said, stressing the strategic targeting of the company to transform its stations into multifunctional stations. Until September will have been announced The first agreement in the catering area.
International Energy Agreement within 2025
At the same time, the company aims toA made significant investments in the electricity sector so that one evolved a part of its stations into energy stations. Overall, Elini has 550 gas stations and petroleum stations, with 15 added to its network in the first half of 2025.
“With network investments, we first want to improve the image of today’s service stations and secondly to convert some of them (what have a good location and help their spaces) in HUB energy The ability to charge electric cars, “said Mr. Aligizakis. The most important, but for himis to The interiors of the stations are completely changed.
According to Mr. Aligizakis, the company is in Discussions about an international agreementwhich is expected to be announced within 2025 and will enhance Elini’s presence in the electricity market.
The next day in the fuel without a ceilings
The abolition of the ceiling on the gross margin, from July 1, paved the way for a smoother market operation and reinforced fair competition, according to Mr Aligizakis. As he said, the previous system burdened the legal operations in the industry and left room for unfair practices.
If the intense controls continue by the competent authorities, It is likely to reduce the market offensehe emphasized.
Based on recent audit data, none of the 80 service stations found to violate the legislation.
Company’s profitability and challenges facing
Elin’s profitability was greatly reinforced in 2024, with pre -tax profits being € 11.7 million, a development attributed mainly to Strong course of its international activities.
It is worth noting that 83% of the company’s total sales came from the international market in 2024. The percentage that will occur this year will be reduced, Mainly due to the retreat of spots sales in the European market, which is influenced by the gradual abolition of mineral fuels and the regulatory environment.
On the contrary, the company maintains a strong presence through contracting sales, which accounts for more than 70% of international turnover for 2024. Sales, which account for the remaining 30%, are the ones most affected.
Elini focuses on reinforcement of profitabilitywith turnover (turnover) remaining stable, but net profits are affected by maintaining the ceiling in the first half of 2025 and losses from international trade.
Funding are also limited because of the lower profitability, but Mr Aligizakis’ estimate is that This year will close positively. “We have a semester ahead of us, it’s a huge time in our market now if we look at the twists of day to day in geopolitical developments,” he commented.