Tobacco Industry Karelia: Positive performance in 2025

1 week ago 30

The Greek Tobacco Industry Karelia is awaiting the European Union’s program for the caller tobacco products directive, which, according to respective analysts, will beryllium strict, and whitethorn impose, within a fewer years, the abolition of packaging and types of tobacco products successful 2026.

As the institution emphasized, contempt the important uncertainty that this brings with respect to investments successful accumulation equipment, the absorption of the Karelia radical has decided to proceed its concern programme successful bid to respond to the existent summation successful income volume and the request for greater flexibility successful the accumulation process, since it estimates that the amortization of these investments will beryllium comparatively short-term.

Regarding the group’s show during the existent fiscal year, the absorption of the listed institution noted that income volumes are moving peculiarly positively during the archetypal months of the 2nd fractional of 2025 compared to the aforesaid play past year. This affirmative trend is expected to proceed for the remainder of the year. In particular, successful the Greek market, cigaret volumes look to person accrued by astir 5%, while tobacco volumes are astatine past year’s levels.

The Company’s income to Duty Free Shops are besides expected to determination upwards and astatine the aforesaid levels arsenic the home market. In the planetary markets where the Karelia Tobacco Industry operates, it estimates that the very satisfactory people of the archetypal fractional of the year will continue, particularly aft the summation successful accumulation capableness and flexibility stemming from the caller accumulation complexes that person already started operating oregon are to beryllium installed within the 2nd fractional of the year.

As the institution emphasized successful its fiscal report, the total income volume successful planetary markets successful 2025 will summation by 10% successful cigarettes and 3% successful tobacco. In terms of outgo levels, it noted the visible de-escalation of tobacco and filter earthy worldly acquisition prices, and expects a gradual summation successful gross nett margin, astatine slightest until the extremity of the archetypal fractional of 2026.

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