A sharp drop in sales but a significant rise in profits. This is the picture of Playmobil Hellas in the fiscal year that ended on March 31, 2026.
The company’s turnover declined by 17.6% to 8.03 million euros, due to a reduction in consumer spending and inflationary pressures, which affected the toy market. Despite the significant loss in sales, however, net profits more than quadrupled to 520,089 euros from 122,688 euros.
The reason is the reduction in cost of goods sold to 4.94 million euros from 6.36 million euros, while administrative expenses fell to 1.43 million euros from 1.61 million euros and selling expenses to 2.68 million euros from 2.77 million euros. Thus, despite the drop in turnover, gross profit was maintained at 3.09 million euros, compared with 3.39 million euros.
During the same period, cash and cash equivalents increased to 1.58 million euros from 1.22 million euros, while the company shows no bank borrowing. The net profit margin increased, based on the published figures, to 6.5% from 1.3%.
Playmobil Hellas is a 100% subsidiary of Germany’s Horst Brandstätter Holding GmbH. At the end of the fiscal year, liabilities to related parties amounted to 1.26 million euros, while purchases from group companies exceeded 3.3 million euros.