Papoutsanis sets €150 million turnover target by 2031

Papoutsanis, a leading Greek manufacturer of soaps and liquid cosmetics, has announced a new five-year development plan aiming for a turnover of €150 million and an EBITDA margin of 16% by 2031. An interim milestone has been set to reach €100 million in turnover by 2027, accelerating the company's previous timeline.

The growth strategy relies on organic expansion across four key pillars: branded products, hotel supplies, third-party and private label manufacturing, and specialty soap masses. The plan also includes provisions for selective acquisitions and strategic opportunities.

To support this expansion, the company intends to invest €5 million annually over the next five years to upgrade production infrastructure and enhance automation. This follows a decade of strong performance (2016–2025) where the company achieved an 18% compound annual growth rate (CAGR). Papoutsanis currently exports to more than 35 countries.