COMMENTARY ON FINANCIAL RESULTS FOR THE FISCAL YEAR 2025
COMMENTARY ON FINANCIAL RESULTS FOR THE FISCAL YEAR 2025
DAIOS PLASTICS S.A.
The company "DAIOS PLASTICS S.A.", with G.E.MI. registration number 21048426000, announces its annual consolidated financial results for the fiscal year 2025, confirming its dynamic growth and export-oriented nature.
The Group operates in two business sectors:
Α) In the manufacturing sector, the Company primarily produces specialized plastic-based products for agricultural purposes. It holds several patents, both European and PCT, which enables it to place its products in markets such as Europe, the United States, South America, South Africa, Australia etc.
Β) In the hospitality sector, the Company operates a 5-star hotel in Thessaloniki as a branch. At the Group level, there is also the totally owned subsidiary HELLAS HOLIDAY HOTELS S.A., which owns a luxury hotel resort situated on a plot of approximately 32 hectares in Agios Nikolaos, Crete.
In fiscal year 2025, the Group's consolidated turnover reached €63,366,826.82, compared to €58,064,641.87 in the previous year, marking a 9.13% increase. In more detail, turnover from the plastics sector rose by 11.25%, amounting to €27,010,299.79, compared to €24,279,759.41 in 2024, while sales from the hospitality sector (services rendered) amounted to €36,358,462,91, up from €33,787,347.07 last year, representing a year-on-year increase of 7.61%. The increase in turnover of the plastic sector in 2025 is primarily attributed to the increase in sale volumes.
The improvement in sales in the hospitality sector is mainly due to increased prices compared to 2024.
At the same time, operating profits remained at high levels, registering an increase of 14.01%, earnings before taxes, financial and investment results, and depreciation (EBITDA) increased by 12.40%, and consolidated pretax profits rose by 33.76%.
| Key Consolidated Financial Figures (in € thousands): | |||
2025 | 2024 | Change | |
| Turnover | 63.367 | 58.065 | 9,13% |
| Gross profit | 21.190 | 19.354 | 9,49% |
| Operating profit | 14.775 | 12.960 | 14,01% |
| Pre-tax profit | 12.565 | 9.394 | 33,76% |
| Net profit (after tax) | 9.882 | 7.444 | 32,75% |
| EBITDA | 19.723 | 17.547 | 12,40% |
Based on current data, there are expectations for improved performance in the Group’s operations and results in 2026. However, sales forecasts for the upcoming year depend on various external factors. Recent geopolitical developments in the Middle East, resulting from military operations involving the United States, Israel, and Iran, as well as the closure of the Strait of Hormuz, are having significant implications for the plastics industry. The Company is facing increases in raw material prices, in some cases up to 100%, alongside limited availability of inventories, as well as higher transportation costs.
Management continuously monitors geopolitical developments and is implementing a range of measures to ensure both the adequacy of raw material supply and the continued support of customers in line with prevailing market conditions.
In the tourism sector, caution in bookings has been observed due to the aforementioned developments; however, this is expected to normalize as geopolitical conditions stabilize. Nevertheless, the Group is not expected to face material impact, as visitor inflows from the affected countries are limited.
For more information, interested parties can refer to the Annual Financial Report 2025 and the XBRL file, both available in Greek on the Company’s website:
https://www.daiosplastics.com/el/financial-reports/