‘Faidon’ recorded 7% sales increase in the financial year 2025
The pastry industry 'Faidon' experienced a 7% sales increase and plans further investments for production capacity this year.
In 2025, the pastry company 'Faidon' reported a notable increase in both sales and profitability, with sales rising by 7% to approximately 17.6 million euros, compared to 16.6 million euros in 2024. The increase was underscored by the company's Chief Executive Officer, Stathis Giakhanatzis, who highlighted a growth in pre-tax profits as well, which reached 1.56 million euros, up from 1.26 million euros in 2023.
This growth has been attributed to a successful investment of 900,000 euros completed in 2025, which resulted in a new production line that introduced an innovative category of products to the retail market, specifically a range of stuffed pancakes available in five flavors. Building on this successful expansion, 'Faidon' is now laying the groundwork for another investment aimed at further increasing its production capacity, reflecting its commitment to innovation and market responsiveness.
The implications of these developments suggest not only a bright future for 'Faidon' but also a positive trajectory for the broader pastry industry in Greece, as they adapt to consumer demands and explore new product avenues. Such expansions could reaffirm the company's position in the market and potentially lead to increased competition and diversity in the sector.