A group with sales of more than €381m and net profit barely topping €8,000. That is the picture presented by Mouhalis’s 2025 financial statements, highlighting a striking gap between revenue growth and bottom-line profitability.
The group, which operates in the distribution of tobacco and consumer products, reported turnover of €381.33m, up 6.37%. However, consolidated net profit came to just €8,379, down from €7.46m.
The decline in profit was mainly due to the absence of income from the sale of equity stakes, which had boosted the 2024 result, and the impairment of its shares in Attica Bank.
In 2024, the company recorded income of €5.74m from the sale of equity stakes, which was not repeated in 2025. As a result, consolidated pre-tax profit fell from €8.55m to €968,000. The parent company reported net profit of €931,008, compared with €8.49m in 2024, while the group’s bottom line was almost zero.
The company also continued to make distributions to shareholders. Dividends paid in 2025 totalled €5.38m, compared with €14.22m in 2024. Meanwhile, the group’s headcount rose to 246 from 225 in 2024.
Mouhalis retains a significant presence in the distribution market, with partnerships that include products from Philip Morris and services for Hellenic Lotteries.