Papoutsanis: Exports account for 55% of turnover in Q1 ’26

The absorption of Papoutsanis S.A. maintains its outlook for double-digit gross maturation and further profitability betterment successful 2026.

The company’s turnover amounted to 16.5 cardinal euros, remaining adjacent to past year’s levels with a marginal alteration of 1%, while exports accounted for 55% of total sales. Gross nett stood astatine 5.5 cardinal euros, compared to 5.8 million, with the gross nett borderline astatine 33.5% versus 34.9% successful the corresponding play of 2025. EBITDA reached 2.1 cardinal euros, compared to 2.3 million, while nett net aft tax totaled 1.1 million, down 6% from 1.2 cardinal successful Q1 2025.

The branded products conception recorded strong maturation of 21% compared to Q1 2025. Sales successful the Home Care class accrued by 46%, while Personal Care products continued their upward trajectory, posting an 8% summation implicit the aforesaid period. In the edifice products segment, wide show was impacted by reduced enactment successful third-party production, with the class declining by 19% year-on-year. Sales successful the third-party manufacturing conception decreased by 3% compared to Q1 2025, a trend expected to reverse aboriginal successful the year, arsenic it is linked to the gradual onboarding of clients to caller merchandise codes and the timing of the afloat implementation of these changes. Soap basal income declined by 12%, chiefly owed to the merchandise premix of the items sold, though affirmative momentum is anticipated for the remainder of the year.

Outlook and Targets

The institution noted that the accomplishment of its targets is influenced by developments successful the broader macroeconomic and geopolitical environment. These developments are already affecting energy, transportation, and earthy worldly costs, and, successful the lawsuit of further escalation, whitethorn interaction earthy worldly availability, user purchasing power, wide demand, and tourism. The grade of these effects will mostly beryllium connected the duration and strength of such developments.

Under the existent conditions, Papoutsanis aims to further penetrate the Home Care conception with caller merchandise launches and to grow its Personal Care merchandise portfolio. In the edifice products segment, the institution highlights that strong foundations person been established for the enlargement of exports of its branded edifice products into caller markets. In third-party soap basal production, Papoutsanis is pursuing the enlargement of its lawsuit base, the further improvement of its merchandise scope for these clients, and the maturation of synthetic soap bases.

The branded Papoutsanis merchandise pillar remains a strategic precedence and is expected to sustain its strong maturation momentum successful 2026, supported by accrued exports. The edifice products conception is projected to stay astatine 2025 levels, arsenic planetary developments and instability successful the Middle East whitethorn impact initially affirmative forecasts for home tourism. The institution besides emphasized that it continues to actively strengthen its long-standing partnerships with cardinal planetary clients. Finally, the third-party accumulation and specialty soap basal segments are expected to support their maturation trajectory.