Epirus SA: Red turnover in 2024 and strategic investment for the future

Positively closed in 2024 for Epirus, with an increase in its turnover, which came so far from the sales In the Greek market as well as by the export of the company in the US, the United Kingdom and Australia.

Specifically, the turnover of the company of both domestic sales and its exports stood at € 101.25 million in 2024, compared to EUR 99.89 million in 2023. Group profits amounted to EUR 7.7 million (from € 8.3 million in the previous year), while earnings pre -tax was € 1.1 million, € 2.1 million, Million euros in 2023.

The decline in profitability is mainly attributed to two factors: on the one hand, the company’s decision to absorb most of the increased costs of raw materials, without passing it on to the final consumer and on the other, to increased depreciation resulting from investments that have been completed in the last two years.

As part of its strategy for further growth, the company is planning a new investment plan of € 20 million for the two years 2025–2026, which will be upgraded by all three Epirus plants in Arta, Elassona and Domokos, as well as the milk zone.

With strategic planning, investment in sustainable development and quality dedication, Epirus SA continues its growth course, conveying the taste and tradition of Greek cheese to every corner of the globe.

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