Kri-kri Milk Industry S.a. · ATHEX:KRI
Kri-kri Milk Industry — H1 2025 Earnings Presentation
12 slides from Kri-kri Milk Industry's earnings presentation, September 2025
Slide 1: Investors presentation
Authentic products drive sustainable growth Investors presentation September 2025
Slide 2: Legal disclaimer
INVESTOR PRESENTATION | H1.2025 Kri Kri Legal Legal disclaimer 02 This presentation was prepared by KRI KRI S.A. The information contained herein has been obtained from company and external sources believed to be reliable, but not guaranteed as to its accuracy or completeness. The information contai
Slide 3: Financial Results
INVESTOR PRESENTATION | H1.2025 Financial Results 03 Amounts in €m Profit and Loss Statement Margings H1.2025 H1.2024 Δ% H1.2025 H1.2024 Sales 161,9 130,9 23,7% Gross Profit 44,5 45,2 -1,5% 27,5% 34,6% Operating Expenses 21,4 18,3 16,9% 13,2% 14,0% EBIT 23,1 26,9 -14,1% 14,3% 20,6% EBT 23,0 27,1 -14
Slide 4: Segment review Yogurt exports
INVESTOR PRESENTATION | H1.2025 Segment review Yogurt exports 04 Amounts in €m Key Highlights 88,1 63,3 • Strong growth in major markets: UK +56%, Italy +19% 14,2 13,7 • Yogurt exports now represents 70% of total yogurt sales Sales EBIT 2025 2024 Sales +39.3% EBIT +3.6% Margin -5.5pp
Slide 5: Segment review Yogurt Greece
INVESTOR PRESENTATION | H1.2025 Segment review Yogurt Greece 05 Amounts in €m Key Highlights 39,5 37,8 • Strong shift of consumers to private label yogurts continues • KriKri is the leading supplier in private label 5,4 2,0 Sales EBIT • Branded yogurts market share declined 2025 2024 Sales +4.4% EBI
Slide 6: Segment review Ice cream Greece
INVESTOR PRESENTATION | H1.2025 Segment review Ice cream Greece 06 Amounts in €m Key Highlights 23,2 21,9 • Expansion of our sales network • New ice-creams launched 6,3 4,8 • Remaining of the season sales continue at a similar pace Sales EBIT 2025 2024 Sales +6.0% EBIT -23.3% Margin -7.9pp
Slide 7: Segment review Ice cream exports
INVESTOR PRESENTATION | H1.2025 Segment review Ice cream exports 07 Amounts in €m Key Highlights 9,4 • Strong growth in sales 6,6 • Exports development with “Greek Frozen Yogurt” • Expansion of our PL contracts 1,4 1,2 USA Sales EBIT 2025 2024 • Low level sales due to pilot season • Cautious busines
Slide 8: Sales bridge
INVESTOR PRESENTATION | H1.2025 Sales bridge 08 Amounts in €m 26,4 0,4 161,9 4,1 0,1 130,9 0,1 Sales H1.2024 ICE prices ICE volumes YOG prices YOG volumes Other Sales H1.2025
Slide 9: Input costs
INVESTOR PRESENTATION | H1.2025 Input costs 09 Greek raw milk price €/100Kg EU raw milk price €/100Kg Key Highlights 57,0 57,0 • Greek raw milk price: +4,9% 55,0 55,0 • EU raw milk price: +15,2% 53,0 53,0 Prospects for the full year 51,0 51,0 • More favorable compatibles 49,0 49,0 • Probable de-esca
Slide 10: Gross Profit bridge
INVESTOR PRESENTATION | H1.2025 Gross Profit bridge 10 Amounts in €m 10,67 0,20 45,22 44,52 -9,97 -1,60 Gross profit H1.2024 Sales quantities Sales prices Input prices Production expenses Gross profit H1.2025
Slide 11: Estimates for 2025
INVESTOR PRESENTATION | H1.2025 Estimates for 2025 11 Total sales are expected to Sales Growth exceed €300m in 2025. 2025 IFRS - €m 2025 init. 2024 Δ% 2023 2022 2021 rev. EBIT margin is expected to be Profit Margins Sales >300 300 256,4 17,0% 216,3 172 134,6 around 14%. EBIT 42 - 45 37,2 40,3 4 16,7
Slide 12: Share information
INVESTOR PRESENTATION | H1.2025 Share information 12 Share information Shareholders’ structure Contact information Tsinavos Family : 69,8% KRI KRI S.A. MILK INDUSTRY Market: Main market Institutionals abroad : 12,8% 3rd km Serres-Drama Sector: Food & Beverage Serres Institutionals domestic : 11,1% P
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