Skroutz reports €157 million turnover ahead of Blackstone investment

Skroutz reported significant financial growth for 2025, achieving turnover exceeding €157 million and operating profits surpassing €11 million prior to Blackstone’s entry into its share capital. Sales increased by 19.9% compared to the previous year.

The company’s financial statements also detail a major share buyback. Skroutz acquired 3,141 shares from Southbridge Europe Mezzanine, representing 5% of its capital, for a total of €20 million. This transaction was funded through a combination of equity and new bank loans, including two €10 million credit agreements signed in July with systemic banks.

This buyback impacted the company’s equity, which decreased to €25.26 million from €39.37 million at the end of 2024. Consequently, the group failed to meet one of the financial covenants of its €12.5 million bond loan as of December 31. However, management secured a waiver from the creditor bank before the end of the year.