Double-digit growth for CHITOS S.A.

Double-digit growth for CHITOS S.A.

Saturday, 01 September 2018

Increased sales & profits for ZAGORI Natural Mineral Water

Strong growth figures for CHITOS S.A. and ZAGORI natural mineral water.  The company significantly boosted its sales in the first five months of 2018, with a market share of 23.1% in volume, as a result of its sustained commercial strategy, promotional activities, and key partnerships in Greece and abroad.

With a clear investment plan, social activity, strong export orientation, zero borrowing and an increased workforce, CHITOS S.A. is a market leader in the domestic bottled water industry and is highly successful internationally. 

For 2017, CHITOS S.A.’s revenues amounted to €48.4 million, showing an impressive 11.2% increase of €4.9 million over last year. 

CHITOS S.A. has effectively developed new investments while recording earnings before interest, taxes, depreciation and amortization (EBITDA) of €8.2 million, an increase of 30% and €2 million over last year’s €6.2 million. 

Against this background of optimism, perseverance and tangible results, CHITOS S.A.’s management is forecasting double-digit growth in turnover for 2018 of 15%, based on new partnerships both domestically and in the international market. 

These excellent results are part of the corporate philosophy of CHITOS S.A., which focusses on the creation of value, whether for consumers, suppliers, business partners or the employees of the company.

The company’s employees have always been an indispensable ally in its rise, and its management genuinely respects and cares for them.  This is proved in practice by the fact that despite Greece being in recession, CHITOS S.A. has made no cuts either in salaries or in the workforce.  On the contrary, it has taken on new staff, making a real difference in the local community, and now employs more than 350 people. 

CHITOS S.A. aims to create new models of growth with a positive outlook for the country, linking ZAGORI natural mineral water with progress and development. 

Over the last 30 years, with its strong vision and values, Zagori natural mineral water has enjoyed a close relationship with consumers, who in turn have shown their preference for it.

CHITOS S.A. is moving forward with a corporate philosophy based on being outward-looking, innovative and accountable. 

The new ZAGORI natural mineral water campaign is part of this philosophy.  It acts as an incentive for young people, creating hope and optimism for the future. 

As an ambassador for good, and having inner goodness – the water itself, ZAGORI natural mineral water has dedicated its new campaign to stories of young people who have vision and inspire us because they don’t give up, believing in their own inner goodness.  

It is a campaign that creates hope and optimism for the future and shows the way forward.

It gives us hope and encouragement.  Because when we have inner goodness, nothing can stop the young people who are striving today to create the Greece of tomorrow.  The Greece that will make us proud.

 

Double-digit growth for CHITOS S.A.

Saturday, 01 September 2018 18:16

Increased sales & profits for ZAGORI Natural Mineral Water

Strong growth figures for CHITOS S.A. and ZAGORI natural mineral water.  The company significantly boosted its sales in the first five months of 2018, with a market share of 23.1% in volume, as a result of its sustained commercial strategy, promotional activities, and key partnerships in Greece and abroad.

With a clear investment plan, social activity, strong export orientation, zero borrowing and an increased workforce, CHITOS S.A. is a market leader in the domestic bottled water industry and is highly successful internationally. 

For 2017, CHITOS S.A.’s revenues amounted to €48.4 million, showing an impressive 11.2% increase of €4.9 million over last year. 

CHITOS S.A. has effectively developed new investments while recording earnings before interest, taxes, depreciation and amortization (EBITDA) of €8.2 million, an increase of 30% and €2 million over last year’s €6.2 million. 

Against this background of optimism, perseverance and tangible results, CHITOS S.A.’s management is forecasting double-digit growth in turnover for 2018 of 15%, based on new partnerships both domestically and in the international market. 

These excellent results are part of the corporate philosophy of CHITOS S.A., which focusses on the creation of value, whether for consumers, suppliers, business partners or the employees of the company.

The company’s employees have always been an indispensable ally in its rise, and its management genuinely respects and cares for them.  This is proved in practice by the fact that despite Greece being in recession, CHITOS S.A. has made no cuts either in salaries or in the workforce.  On the contrary, it has taken on new staff, making a real difference in the local community, and now employs more than 350 people. 

CHITOS S.A. aims to create new models of growth with a positive outlook for the country, linking ZAGORI natural mineral water with progress and development. 

Over the last 30 years, with its strong vision and values, Zagori natural mineral water has enjoyed a close relationship with consumers, who in turn have shown their preference for it.

CHITOS S.A. is moving forward with a corporate philosophy based on being outward-looking, innovative and accountable. 

The new ZAGORI natural mineral water campaign is part of this philosophy.  It acts as an incentive for young people, creating hope and optimism for the future. 

As an ambassador for good, and having inner goodness – the water itself, ZAGORI natural mineral water has dedicated its new campaign to stories of young people who have vision and inspire us because they don’t give up, believing in their own inner goodness.  

It is a campaign that creates hope and optimism for the future and shows the way forward.

It gives us hope and encouragement.  Because when we have inner goodness, nothing can stop the young people who are striving today to create the Greece of tomorrow.  The Greece that will make us proud.