Kri Kri Dairy Achieves Significant Growth in 2025 Despite Challenges

The Kri Kri Milk Industry, a prominent Greek dairy company, recorded a substantial 28.2% growth in its turnover for the financial year 2025, amounting to €328.8 million. The company's ice-cream sales increased by 12.6% in value and by 10.7% in volume, while yoghurt sales saw a remarkable rise of 32.4% in value and 29.0% in volume. Exports played a crucial role, accounting for 61.8% of total sales and experiencing a 44.1% growth.

Despite the positive revenue figures, Kri Kri's gross profit margin slightly decreased to 27.0%, down from 29.7%. Net profit after tax also fell by 1.3%, reaching €34.1 million, partially due to a lower tax exemption. Conversely, the company's EBITDA rose by 13.4%, amounting to €48.3 million.

Domestically, the value of ice-cream sales grew by 8.0%. The company has been focusing on expanding its distribution networks and promoting Greek frozen yoghurt in tourist areas to mitigate the effects of a shift towards supermarkets and private labels due to inflation. Domestic yoghurt sales increased by 9.8% in value, surpassing €83 million.

Kri Kri maintained its position as the second-largest player in the Greek yogurt market, holding a 13.7% market share, although this is a decrease from the previous 14.9%. This decline is attributed to a rise in private-label consumption. Yoghurt exports saw a substantial 45.7% increase in value, driven by growing demand in Europe, with significant gains in the UK (63.0%) and Italy (25.0%).

In 2025, Kri Kri invested over €26 million in expanding its capacity and upgrading technology at its yoghurt and ice-cream production facilities. The company's capital expenditures for 2026 are projected to range between €26 million and €30 million.