Papoutsanis: 8.6% increase in turnover in the 9-month period

"The strengthening of growth momentum during the year confirms the Company's steady course toward achieving the target of a double-digit increase in turnover in 2026," Papoutsanis notes.

Papoutsanis: 8.6% increase in turnover in the 9-month period

This article is an AI translation of an original piece published in Greek. Read original

Papoutsanis S.A., a leading Greek soap and liquid cosmetics industry in Greece and one of the largest producers in the sector in Europe, recorded turnover of €63.7 million in the Nine-Month Period 2026, compared to comparable sales of €58.6 million in the corresponding period of 2025*, marking an increase of 8.6%.

The strengthening of growth momentum during the year confirms the Company's steady course toward achieving the target of a double-digit increase in turnover in 2026. At the same time, exports accounted for 56% of total sales, confirming the Company's strong international orientation and extroversion.

As regards the contribution of the four business sectors of the Company, the revenue breakdown for the Nine-Month Period 2026 was as follows:

  •  29% from sales of branded products in Greece and abroad,
  •  13% from sales in the hotel market,
  •  44% from third-party production,
  •  14% from industrial sales of special soap bases.

For the whole of 2026, Papoutsanis' Management confirms its estimate for double-digit turnover growth, with the main drivers being:

  • the expansion of new and existing partnerships
  • the continued growth of branded products, and
  • the new opportunities created by changes in the European production map, particularly in the sectors of third-party production and soap bases.

For the full year, the Company expects to maintain its positive course, despite the particularly volatile international environment. Ongoing geopolitical developments in the Middle East and disruptions in energy and trade flows are keeping energy, fuel and transport costs at high levels, while at the same time putting pressure on the prices of certain raw materials.

The further development of these conditions may affect production and supply costs, as well as the broader consumer environment.

The Company is closely monitoring developments and acting in a timely manner, with the aim of limiting the impact on costs and ensuring its uninterrupted supply and operation.

OVERVIEW BY BUSINESS SECTOR BRANDED PRODUCTS: The branded products category recorded an 11% increase in sales in the Nine-Month Period 2026, with growth in both the Greek and international markets. Sales in the domestic market increased by 10%, while exports performed particularly positively, rising by 23% compared to the corresponding period of 2025.

At the product category level, growth was led by Home Care, with an increase of 21%, while the Personal Care categories also continued upward, recording a 5% increase.

HOTEL PRODUCTS: The overall picture of the category was affected by reduced activity in third-party production of hotel products, a development mainly due to a high comparison base last year, because of spot production to cover the needs of a specific customer in the first quarter of 2025.

Overall, the category stood at levels 6% lower compared to 2025, with the branded hotel products subcategory continuing to expand its customer base in Greece and abroad, recording growth of 10% in the Nine-Month Period of 2026.

THIRD-PARTY PRODUCTS (INDUSTRIAL SALES, PRIVATE LABEL): Sales in this category, which represents 44% of total turnover, recorded an 11% increase compared to the Nine-Month Period 2025, mainly linked to the growth of existing partnerships as well as expansion into new collaborations.

INDUSTRIAL SALES OF SOAP BASES: Sales of soap bases increased by 11%, and are expected to maintain this positive momentum for the rest of the year.

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