GREECE: Karamolengos expects drop in pre-tax profit for 2001
Greek baker Karamolengos has reported consolidated pre-tax profits of €734,000 (US$635,000) for 2001, according to a preliminary estimate. This is a drop from 2000’s profit of €1.6m, attributed to higher advertising costs and increased payments. Consolidated sales for 2001 are meanwhile estimated at €21.4m, up 16.4% year-on-year.
This is a drop from 2000’s profit of €1.6m, attributed to higher advertising costs and increased payments. Consolidated sales for 2001 are meanwhile estimated at €21.4m, up 16.4% year-on-year.
Parent company Karamolengos is meanwhile expecting a pre-tax profit of €725,000 for 2001, down from €1.4m year on year. Turnover however increased by 14.2% year on year to €16.1m.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suitedelivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.
