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Triumph Greece: Record Profits of €6.6 Million in 2024

By Staff
Triumph Greece: Record Profits of €6.6 Million in 2024
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Triumph International Greece, a subsidiary of the Swiss Triumph Group, recorded historically high profits in 2024. Net profits more than doubled, reaching €6.60 million, compared to €2.80 million in 2023.

Turnover amounted to €25.07 million, up 2.2% compared to 2023. The increase in profits is mainly due to the sale of a property, which generated €6.93 million.

The company has no bank debt, and cash reserves more than quadrupled, reaching €12.55 million. A dividend of €6 million was proposed to shareholders.

Triumph International Greece employs 101 people and has a network of 12 stores. It maintains a dominant position in the Greek lingerie market.

Triumph Greece: Record Profits of €6.6 Million in 2024 | Hellenic.News