With a positive sign and increased turnover over the previous year, it closed in 2024 for OPINA SA.
Specifically, the company’s turnover in 2024 stood at € 214.13 million, compared to EUR 200.17 million in 2023, while gross profits amounted to EUR 19.9 million (from € 21.6 million in 2023) and pre -tax profits to EUR 6.3 million versus EUR 10.2 million in the previous year.
It is worth noting that in 2024 the marketing costs on brands in the company’s portfolio have been particularly high, resulting in further increase in the OPFA market share in the cheese category, where it remains first, with the distance from the second player in the market.
At the same time, there were high costs in the field of Research & Development, where OPRA remains a pioneer by studying and developing new products that meet the differentiated needs of the modern consumer and at the same time contribute to the development of cheese sales in the Greek market.
Increasing spending in these two areas, coupled with the company’s decision to absorb most of the valuations in imported items, thus limiting profit margins, led to a reduction in pre -tax profits.
“The results of 2024 reflect the strategic decisions we made in that year. We invested dynamically in marketing and uninterrupted development of innovative products and chose to stand by the consumer, absorbing much of the cost increases. The result was a further increase in our share and sales, as well as strengthening the bases for sustainable development in the coming years. “ The administration of OPFIA SA mentioned.