Cypriot beverage maker Keo Plc recorded an operating profit of €8.8 million for the financial year ending December 31, 2025, according to the audited financial results approved by its board of directors on April 29.

This result compares to the €9.3 million earned in 2024, a difference the company attributed to a non-recurring sales agreement that boosted figures during the first half of the previous year.

The board confirmed that it has sanctioned an interim dividend of €3,796,000, which provides shareholders with a payout of €0.09 per fully paid ordinary share.

Despite the slight year-on-year profit adjustment, management described the evolution of the group’s activities and its current financial standing as satisfactory.

The company’s turnover saw a marginal decrease of 1.1 per cent compared to 2024, which was directly linked to the absence of the specific one-off product sale recorded in the prior period.

According to the financial report, the group successfully defended its market share and remained highly competitive throughout 2025, even in the face of intense rivalry within the beverage sector.

Keo said that it remains focused on its primary operations, which include brewing beer, vinification, juice production, and the bottling of natural mineral water for both local and export markets.

Additionally, the firm continues to manage a diverse portfolio that includes the import and distribution of spirits, canned products, and strategic investments in real estate and equities.

Regarding its governance, Keo is listed on the alternative market of the Cyprus Stock Exchange (CSE) and voluntarily applies parts of the Corporate Governance Code to ensure transparency.

The board further stated that there have been no changes to the share capital and that no securities exist which grant special control rights or restrict the transfer of shares.

What is more, the company said that it maintains a policy of no restrictions on voting rights or specific deadlines for their exercise by shareholders.

Management stated that there are currently no significant changes planned for the group’s activities as it looks toward the next financial period.

The firm does not maintain any notable branches in Cyprus or abroad that require specific mention in the accounts.

In terms of fiscal management, the company calculates its taxation based on taxable profit for the year, with provisions made for deferred tax on temporary differences between accounting and tax bases.

The board has now invited shareholders to the annual general meeting, which will take place on June 25, 2026, at 11:00 am at the company’s registered office in Limassol.