Carpo grew last year in sales and international presence, but the bottom line was smaller compared with 2024.
The turnover of Afoi Kontopouloi SA increased by 11.6%, to 11.748 million euros, gross profit remained flat at 2.76 million euros, operating profits declined by 21.8%, to 649,416 euros, and net profits fell by 18.7%, to 337,743 euros.
The pressure on the nuts company came both from the cost of sales, which increased by 15%, and from administrative expenses, which rose by 26% to 1.21 million euros.
However, the most interesting element lies several thousand kilometers away from Greece. Last year Carpo opened a store at Abu Dhabi's Marina Mall and signed an exclusive franchise agreement with Americana Restaurants International for the development of the brand in Saudi Arabia, Kuwait, Qatar, and Bahrain. The investment plan provides for the development of 11 new franchise stores in the region within the next four years.
This is probably the most important business event of the year for the company. Americana has the footprint for the development of food service networks in the Middle East, North Africa, and Kazakhstan, according to Carpo's own report.
The partnership therefore gives the Greek brand access to four new Gulf markets through a partner that is already active in the region. The financial statements do not disclose the financial terms of the agreement with Americana and therefore it is not possible to estimate the potential revenues or its impact on margins.
The international presence already exists. Of the 11.75 million euros in sales in 2025, 3.86 million euros came from third countries and 7.88 million from the Greek market. That is, about one third of the company's turnover already comes from outside Greece and the EU.
Despite the decline in profits and cash reserves, the company distributed a dividend of 200,000 euros, compared with 400,000 euros in 2024. With net profits of 337,743 euros, this corresponds to about 59% of the profitability of the fiscal year.