
THRAKON, one of the largest companies in the research, production, and marketing of ready-made building products, mortars, paints, and varnishes, concluded 2024 with positive financial results and significant investments, strengthening its position in the Greek and international construction materials market.
According to a related announcement, the total revenue of the THRAKON-YTONG group exceeded €43.6 million, showing a satisfactory increase compared to 2023. Furthermore, EBITDA for 2023 rose to €2.8 million, up from €1.6 million in 2022, marking a notable increase of approximately 75%.
Additionally, the group’s net profit before taxes grew by €480,000 compared to the previous year's earnings. At the same time, exports in the drying and repair materials sector experienced a remarkable 100% increase, confirming the group's strength in international markets.