Papoutsanis SA, a leading Greek soap and liquid cosmetics company in Greece and the largest producer of solid soaps in Europe, on Wednesday announced a rise of 21% in its turnover for the first quarter of 2025.
Specifically, the company said turnover amounted to 17.2 million euros (compared to 14.2 million euros in the corresponding quarter of 2024), an increase of 21%, with the share of exports representing 61% of total turnover.
Regarding the contribution of the four business segments to the Q1 2025 turnover, the company said 28% of the total revenue came from sales of Papoutsanis branded products in Greece and abroad, 15% from sales to the hotel market, 42% from third party manufacturing and 15% from industrial sales of specialty soap bases.
“For 2025, the company estimates double-digit sales growth, thanks to the expansion of existing and the launch of significant new partnerships, as well as through further strengthening of sales of branded products with dynamic expansion into new categories and channels, both locally and internationally,” it said in a press release.
