The Laiko Group held its annual general meeting recently, marking what it described as a milestone moment as the group returns to a path of stable profitability.

The meeting brought together the companies Laikon Kafekopteion Public Ltd, LOEL Public Company Ltd and Laiko Holdings Public Ltd.

According to an announcement from the company, the assembly was characterised as a milestone for the group, signalling entry into a new era of success after achieving a goal set a decade ago.

This goal centred on restoring the group to a trajectory of sustained profitability. Indeed, the financial results for 2024 demonstrated a strong growth trajectory for the group.

Turnover recorded an increase of 5.85 per cent compared to the previous year. At the same time, total net profits after tax rose significantly by 23.6 per cent.

Particular reference was made to the performance of Laiko Cosmos Trading Ltd, which continues to record steady growth through organic development.

Similarly positive results were also recorded for 2025. These results are expected to be presented at the next annual general meeting.

One of the most significant announcements concerned the adoption of a dividend policy.

The board of directors stated that, following the completion of the reorganisation process, it will proceed with the process of dividend distribution.

This will mark the first dividend payment to shareholders in 20 years.