Athenian Brewery outlines strong momentum as it accelerates its multi year investment plan
Athenian Brewery continues to lead the Greek beer sector as it enters a new phase of development supported by solid financial performance.
The latest financial report submitted to the General Commercial Registry indicates that 2025 is expected to deliver another profitable year as the company increases investment in technology and personnel to enhance its position in the domestic market and improve supply chain efficiency.
The company focuses on strengthening its business model by upgrading production capacity and improving sustainability performance, aiming to secure profitability and create long term value.
The firm has expanded its brand portfolio in recent years while supporting contract farming for Greek barley and modernizing its facilities.
Cost control, liquidity and risk management, and close monitoring of consumer behavior form the foundation of its strategic approach to building a more resilient operation.
Management seeks to enter the new year with a plan designed to sustain growth and reinforce long term value for both shareholders and the Greek economy.
An investment program exceeding €65 million is being implemented for 2024 to 2026, including initiatives to strengthen brand presence, streamline business processes, and carry out major green investments representing nearly half of the total budget.
CEO Sebastian Sanchez recently described the companys strategic direction as a shift toward a more modern and resilient business model.
Reducing carbon emissions is listed among the companys top priorities, with all electricity used in production facilities now sourced from renewable energy.
New photovoltaic installations in Patras and additional investments in Thessaloniki are expected to support the goal of achieving carbon neutrality by 2030.
Water management represents another key area of focus, with approximately 40 million liters saved during the first months of 2025, bringing water use per liter of beer to the lowest level in the companys history.
Sales climb near half a billion euros in 2024
Company sales for 2024 increased by 8.1 percent compared with 2023, reaching €494.9 million.
Profit before tax rose to €68.2 million, marking a 7.5 percent increase, while net profit after tax reached €48 million.
Gross profit improved to €189.1 million, up 7.7 percent from the previous year.
Operating expenses increased to €137.8 million, reflecting a 4.6 percent rise that did not hinder overall profitability.
Equity reached €169.7 million, recording a 7.3 percent increase, while total assets surpassed €310.5 million.
Investments totaling €18.5 million were carried out during the year to modernize production sites and strengthen supply chain infrastructure.
The Board of Directors proposed a dividend distribution of €43.8 million.
The company aims to evolve into a greener, technologically advanced, and more resilient business while preserving its leadership position in the Greek beer market and creating sustainable value for shareholders and the wider economy.
