Last year, Barba Stathis’ sales and operating profitability reached record highs. Organic sales increased by 6.4%, reaching €115.8 million, while at the group level they stood at €129.1 million, marking a 6.5% increase. EBITDA rose to €12 million from €10 million in 2024, while at the group level it stood at €15.4 million, an increase of more than 20%.
During the year, investments totaling 6.5 million euros were made as part of a six-year investment program worth 35 million euros. The investments relate to new production lines, automated systems, and energy efficiency projects. In the frozen vegetables segment, Barba Stathis maintained a leading market share of 50.7% by value, while in the rapidly growing fresh salad category, it recorded sales growth of over 20%, further strengthening its position. At the same time, exports increased by 10%.
Net financial results amounted to an expense of €1.7 million, compared to income of €82.4 million in 2024, when significant extraordinary gains were recorded from the sale of the stake in MIX. Arabatis S.A. and from dividend receipts. As a result, the company’s pre-tax profits stood at €5.7 million, down from €88.4 million a year earlier, while at the group level they rose to €8.3 million from €4.6 million.
2025 also marked a significant change in ownership. On March 31, IDEAL Holdings acquired 100% of Barba Stathis from Frozen Holdings, a subsidiary of Vivartia. The stake was subsequently transferred to the Cypriot company KYMORA LTD, a 75% subsidiary of IDEAL Holdings, through which the listed group maintains an indirect 75% stake in the company.
Management expects that the growth trajectory will continue in 2026, with a focus on innovation, further strengthening exports, investing in technology, and improving operational efficiency.