Hellenic Dairies: A Leading Force in the Greek Dairy Industry
Hellenic Dairies, based in Greece, is a significant entity in the dairy industry, known for its broad range of products including dairy items, fruit juices, and soft drinks. The company has recently expanded its operations by acquiring the local dairy business Dodoni from the Vivartia Group.
Location and Operations
Hellenic Dairies operates from Greece and has successfully extended its reach to international markets, exporting to over 50 countries worldwide.
Financial Performance
In 2023, Hellenic Dairies reported a substantial growth in its financial performance. The company's turnover increased by 21.3%, reaching €600 million. Additionally, the EBITDA saw a remarkable rise of 44.7%, amounting to €94.1 million. These figures underscore the company's robust business strategy and operational efficiency.
Key Events
A pivotal event for Hellenic Dairies in recent times has been the acquisition of Dodoni, a local dairy business previously owned by Vivartia Group. This strategic acquisition is aimed at enhancing the company's offerings and expanding its market share within the dairy sector.
Future Plans
Looking ahead, Hellenic Dairies plans to further enhance its product offerings and continue its expansion in international markets. The focus remains on solidifying its position as a leader in the dairy industry while exploring new opportunities for growth and innovation.