The parent company of Coffee Island, Saplai Unik S.A., reported a sharp fall in profits despite higher revenue. Meanwhile, company sources have categorically denied speculation about a sale, making clear that no such issue is under consideration.
According to financial data posted earlier today, Friday, on the General Commercial Register (GEMI), the company’s turnover reached €40.45 million, up 13.12% from 2024. This represents additional sales of about €4.7 million in a year, with growth coming from both the Coffee Island network and an expanded presence in organised retail and the HORECA channel.
However, higher sales were not matched by an improvement in results. Pre-tax profits fell by 28.1%, while net profits fell by 28.5%. According to sources close to the company, the pressure is linked to increases in raw material prices, much of which was absorbed rather than passed on to customers and consumers. Last year, Saplai Unik invested €2.77 million in upgrading production, introducing automation and strengthening its quality systems.
International expansion is also continuing. From 14 markets in 2025, Coffee Island now has a presence in 16 countries, following its entry into North Macedonia and Jordan. Greece remains the company’s main market and production base. Today, Saplai Unik operates across 560 businesses, including the Coffee Island network, in 92 Greek cities, directly and indirectly supporting more than 4,600 jobs. In 2025, the company worked with 1,190 Greek and 180 international suppliers, with payments to its supplier network totalling €32.2 million.
On ownership, Coffee Island sources reiterate that the company is not for sale, categorically dismissing the speculation. The statement comes as the well-known coffee chain seeks to distinguish its business operations from legal developments involving its shareholder, Vangelis Liolios, in the world of basketball.