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Papoutsanis reports 5% sales rise in H1 2026, exports now 55% of revenue
Papoutsanis posted revenue of €40.7 billion for the first half of 2026, up 5% from €38.6 billion in the same period of 2025. Exports accounted for 55% of total sales. The second quarter saw a 10% increase over the comparable quarter of 2025.
Gross profit grew to €14.7 billion, improving the margin to 36% from 34% a year earlier. Operating expenses for distribution, administration, research and development rose to €10 billion, a 10% increase. EBITDA reached €6.2 billion, up 8% year‑on‑year, while pre‑tax profit rose to €4.0 billion (15% increase) and net profit to €3.4 billion (8% increase).
The branded‑products segment expanded 8%, driven mainly by a 20% jump in home‑care sales, whereas personal‑care remained flat. Hotel‑product sales fell 7% year‑on‑year due to a high prior‑year base, but the branded hotel‑product sub‑segment still grew 8%. Overall, the company forecasts a positive outlook for the full year.