Papoutsanis reports 1.4% drop in first-half sales but 18% increase in Pretax Profit
Soap and cosmetics company Papoutsanis’ first-half sales dropped 1.4%, to €31.7 million, in the first half, but pretax profit rose 18%, to €12.1 million, the company announced Friday. Exports accounted for 53% of turnover.
