3P Salads ended 2025 with net profit of €2 million, cash and cash equivalents of €2.56 million and borrowings of just €159,000, a few weeks before it came under the control of Ambrosia, part of the Bespoke group and associated with Spyros Theodoropoulos.
The food producer from Karditsa, founded 25 years ago by Sotiris Kaliafas and Giannis Pourdalas, changed ownership in February 2026, when the acquisition of 70% of its share capital was completed.
The 2025 financial statements, covering the final financial year before the transaction, show that the new majority shareholder took control of a profitable business with a strong balance sheet and a growing international presence, but also signs that sales growth was losing momentum.
3P Salads’ revenue came to €19.54 million last year, up just 1.18% from 2024. Net profit fell to €2 million from €2.12 million, while earnings before interest, tax, depreciation and amortisation (EBITDA) declined to €3.03 million from €3.13 million.
Cost pressures were also reflected in the gross profit margin, which fell to 32.71% from 33.38%.
Over the same period, however, cash and cash equivalents rose by €1 million in a year, reaching €2.56 million, while borrowings fell to €159,000 from €491,000 at the end of 2024.
Despite almost flat overall revenue, sales abroad rose 22% to €2.18 million, from €1.79 million in 2024. Over the same period, the number of international customers increased from 20 to 37. International sales accounted for 11% of revenue.
3P Salads operates in the production of sauces, salads, spreads, ready meals and other prepared food products, with production facilities and an established customer base. At the end of 2025, it employed 123 employees, compared with 121 in 2024.