Nicosia, Cyprus. Cypriot beverage maker Keo Plc reported an operating profit of €8.8 million for the financial year ending December 31, 2025, based on audited results approved by its board on April 29. The company also approved an interim dividend of €3,796,000.
Financial performance and prior-year comparison
Keo’s operating profit compared with €9.3 million in 2024, with the company attributing the difference to a non-recurring sales agreement that boosted results in the first half of the previous year. Turnover declined 1.1 per cent from 2024, which the company linked to the absence of the one-off product sale recorded in the prior period.
Dividend approval
The board sanctioned an interim dividend of €3,796,000, providing shareholders with a payout of €0.09 per fully paid ordinary share.
Business activity and market position
Management described the evolution of the group’s activities and its current financial standing as satisfactory. The company said it defended its market share and remained highly competitive during 2025 despite intense rivalry in the beverage sector.
Operations and portfolio
Keo said it remains focused on its primary operations, including brewing beer, vinification, juice production, and the bottling of natural mineral water for local and export markets. It also manages a portfolio including the import and distribution of spirits and canned products, as well as investments in real estate and equities.
Listing and governance
Keo is listed on the alternative market of the Cyprus Stock Exchange (CSE) and voluntarily applies parts of the Corporate Governance Code to support transparency. The board said there were no changes to share capital and that no securities exist that grant special control rights or restrict the transfer of shares.
What factors did Keo cite as driving the year-on-year change in its operating profit?
