FINANCIAL RESULTS PRESS RELEASE / PRESENTATIONS
Avlonas Attica, 20/04/2026
ELTON GROUP annual results 2025
ELTON Group maintained its market share and served the needs of large industries of all sectors as well as small and medium-sized enterprises, which constitute a clientele of long-standing and excellent cooperation.
The Group achieved an increase in sales of 8.6% and profitability (before taxes) of 21.8% in 2025
Financial results and indicators:
The Company's sales amounted to 89.3 million euros (an increase of 2.3% compared to 2024) and the Group's to 175 million euros (an increase of 8.6% compared to 2024).
The gross profit margin stabilized during 2025, after the price fluctuations that characterized the previous years and returned to the historical average of the Group's gross profit. More specifically, the gross profit margin amounted to 14.9% for the Company and 15.6% for the Group.
ELTON Group maintains operating, administrative and distribution expenses at stable levels despite its continuous growth, aiming to rationalize expenses and achieve cost synergies, where possible.
Maintaining the gross profit margin, containing operating expenses for the year 2025, reducing financial costs, extraordinary income from the sale of the subsidiary's facilities in Bulgaria, as well as the decreasing change in the impact of the Group's results from the application of the International Accounting Standard (IAS29) in the subsidiary in Turkey, resulted in improved results before taxes. More specifically:
at the Company level for the year 2025, the results before taxes (EBT) amounted to 2.2 million euros (or 2.4% of total sales) compared to the year 2024 which amounted to 2.8 million euros (or 3.2% of total sales) and at the Group level, the results before taxes (EBT) amounted to 4.5 million euros (or 2.6% of total sales) compared to the year 2024 which amounted to 3.7 million euros (or 2.3% of total sales)
i.e. an increase in the results before taxes (EBT) of the Group of 21.8% compared to the year 2024.
Regarding the Statement of Financial Position (Balance Sheet) on 31/12/2025,
both the Company and the Group show a particularly strengthened working capital more specifically the Company percentage 185% and the Group percentage 215.7% (Current assets to short-term liabilities). This ratio shows the ability of ELTON to cover its short-term liabilities with current assets.
The Group has already made extraordinary loan repayments in 2025 to reduce foreign capital. On 31/12/2025, the Group's net borrowings amounted to 16.7 million euros compared to 19.4 million euros on 31/12/2024.
Investments
In October 2024, the Company acquired 100% of the corporate shares of the company "N.LEKOS CHEMICALS SA." The company "N.LEKOS CHEMICALS SA" was founded in 2000 and had been successfully operating in the Greek market, producing blends and distributing raw materials in the food industry. Specifically, it produces and trades special food mixes and ingredients which serve as raw materials for the dairy, meat processing, and bakery industries. This acquisition further strengthens the Group's commercial activities, as the company's products complement the range of ELTON's products.
During the year 2025, the Group harmonized the processes and implemented control and monitoring systems for the acquired subsidiary. The goal for the coming years is to expand sales in the broad geographical area of Southeastern Europe where the Group operates, increasing production capacity and developing new value-added blends, responding to market needs.
The ELTON Group continues to invest in digital transformation, with the completion of the installation of a modern ERP system that will contribute to the modernization of processes and the synergies at the Group level. Already, since January 1, 2024, the new ERP has been installed in a secure Cloud environment at the parent company, and from January 1, 2025, the new ERP has been installed at the Group's largest subsidiary, ELTON Romania. Now, as of January 2026, since the subsidiary companies in Serbia and Turkey have completed the ERP installation, the goal has been achieved at 95%.
Management continues to implement the Group's strategic transformation plan, as it was decided in 2024, having successfully completed the first phase of the company's reorganization in Bulgaria, it gradually moves on to the remaining steps concerning modernization, the improvement of processes, and the development of new markets through existing subsidiaries as well as through new acquisitions.
In a macroeconomic environment with intense geopolitical upheavals due to the war in the Middle East and Ukraine, the energy crisis, as well as challenges in the global supply chain, ELTON Group operates in a coordinated manner and always with due attention to its business actions, based on its core values, with a modern management model, and a future-focused outlook, aiming also for another successful and profitable year in 2026.