The orange rally brought record profits to Aspis

ASPIS closed with a significant increase in sales and profitability. However, management warns that a slowdown is already being recorded in the first half of the current fiscal year.

The orange rally brought record profits to Aspis

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

The explosive rise in international prices of concentrated orange juice boosted the results of Hellenic Juice Industry Kon. Dedes ASPIS in fiscal year 2024-2025. The company increased turnover by 15.7%, to 118.2 million euros, while pre-tax profits rose by 23.4%, to 26.3 million euros.

EBITDA amounted to 28.2 million euros, up by 20.8%, with management attributing the performance both to the historically high prices of orange juice and to the expansion of partnerships and export activity.

More than half of turnover now comes from foreign markets. As for net profits, they exceeded 20.53 million euros from 16.720 million euros, and pre-tax profits reached 26.333 million euros versus 21.348 million euros in the fiscal year that ended on June 30, 2024.

In the management report, the administration notes that during the first half of the fiscal year that ended yesterday, June 30, 2026, sales showed a decline compared with the corresponding period of the previous fiscal year.

The development is attributed to the “natural correction” of international orange juice prices, after the rally caused by production shortages in the major producing countries. High prices limited demand, leading some consumers to cheaper or alternative beverages.

Despite the short-term slowdown, management appears optimistic about the future, estimating that the strong presence in international markets, investments in production units, and the expanded distribution network will allow the company to maintain its market share and achieve satisfactory performance.

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