The Papazilaki family may be active in Didymoteho, i.e. about 820 km north of Athens, but this does not prevent it from being one of the main protagonists of small capitalization in Athens. Greek Stock Exchange.
Easter (uncle) and Christos (nephew), who are in the leadership of libel Hebicide from the positions of the President/CEO and the Deputy President/CEO, respectively, can only be satisfied by the course not only of the share, but of the entire Group, which today It is valued at EUR 58 million.
Moreover, the market argues that the family from Evros has its own «gold» age, which in no way can be compared to the difficult period of the tens when the prolonged crisis jeopardised the foundations of the milk industry. The numbers speak for themselves.
The annual giro It amounts to around EUR 50 million, and nearly over EUR 33 million almost five years ago. At the same time, net earnings have increased to EUR 3.5 million when a few years ago «They were fighting.» With... negative prices (losses). And most importantly, net borrowing has been reduced to half as it now amounts to EUR 10,4 million (from EUR 21 million in 2021).
The comeback for the family Papazilaki was based on two key factors: On the one hand in the successive investments in production (EUR 7.2 million for the extension of the yoghurt drain line) and the initiative for the production of Greek cow’s milk 50 tonnes per day, on the other hand in the ambitious opening to foreign markets.
The bet, in fact, had direct results as well. 26% of revenue now comes from sales outside Greece, with the relevant prospects of remaining optimistic this year, despite the given challenges to transport costs and consumer purchasing power.
Euronext Athens dashboard, in any case, seems to have «embrace» the project of Paschalis and Christos Papazilakis, which started in the early 1990s from a small cow farm productivity 2,000 litres milk.
Share shows steadily over EUR 4, which constitute the best level in the last 25 years, with performance exceeding +294% in 3 years and +48% in 12 months. This has led the valuation to peak of EUR 58 million, while a five-year earlier this amount was only EUR 15 million.
Somehow, it explains why the market is starting to wonder if the Jewry will be the... «new» Kri and the Papazilaki family «new» Chinavu family.
The duo of... competitors with the excess value of 2.1 billion euros
(The above is a product of a journalistic investigation and does not constitute a inducement for buying, selling or holding any share)
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