Annual rank20
Greece · Consumer Non-Cyc.
Kri-Kri
Kri-Kri produces ice cream, yogurt and fresh milk from its base in Serres, Greece.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
From Serres milk to yoghurt pots and ice-cream freezers
Kri-Kri is a Greek dairy producer whose yoghurt and ice cream are made at two plants outside Serres. Its portfolio spans strained and high-protein yoghurt, children's and lactose-free lines, Master Rich ice cream, family packs and Greek frozen yoghurt. Fresh regional milk, automated production, a nationwide sales network, retailer private labels and exports connect a 1954 local ice-cream business to supermarket shelves in Greece and abroad.
Inside the yoghurt cabinet
Strained pots sit beside high-protein, lactose-free and infant ranges
Strained yoghurt comes in 2% and 5% pots and one-kilogram formats. Super Spoon extends the range into high-protein yoghurt and puddings with flavours such as blueberry, caramel and dark chocolate; separate lactose-free and Kri Kri Babies ranges serve other occasions. The infant product is described as made with fresh Greek milk and no added sugar.
- Compare strained yoghurts Two fat levels and individual or one-kilogram formats
- Open the Super Spoon range High-protein yoghurts, puddings and named flavours
- See the lactose-free line A separate cow's-milk yoghurt range
- Meet Kri Kri Babies The issuer's English product page for its first-yoghurt line
Inside the freezer
Sticks, tubs and multipacks turn one category into several formats
Master Rich sticks include Red Velvet & Blueberries, Speculoos and Salted Caramel. The freezer portfolio also includes 450 ml Greek Frozen Yogurt tubs, 1.5 litre Heartmade family packs and multipacks such as Master Mini ION and Greek Frozen Yogurt mini mix. Together they show how one ice-cream plant serves impulse, take-home and multipack formats.
- Explore Master Rich Premium sticks with named dessert-inspired flavours
- Open the Greek Frozen Yogurt tubs Hazelnut, cherry, salted-caramel and peach family packs
- Browse Heartmade family packs Take-home formats including stracciatella, fig and kaimaki
- See the multipacks Master Mini ION and Greek Frozen Yogurt mini mixes
Two plants near Serres
Milk and ice cream follow different automated production paths
Kri-Kri operates separate dairy and ice-cream plants three kilometres from Serres. Its English facilities page describes automated yoghurt lines with X-ray inspection, fresh milk placed into pots within 24 hours and ice-cream capacity of 100 million servings per season. Ice cream is hardened at -40°C and held at -25°C, while quality controls run from supplying farms to the finished product.
- Tour the two plants Production lines, cold storage and seasonal ice-cream capacity
- Follow the quality controls Checks from supplying farms through production and sale
- ▶ VideoWatch yoghurt production Official English-labelled film of the automated dairy plant
- ▶ VideoWatch ice-cream production Official English-labelled film of the ice-cream plant
From handcart to export shelf
A Serres ice-cream story became a yoghurt export platform
Kri-Kri began in 1954 as George Tsinavos's Serres pastry shop, where ice cream was sold from handcarts cooled with ice and salt. It added automatic ice-cream production in 1971, a new factory in 1987 and Spitiko family yoghurt in 2000. Today branded yoghurt, retailer private labels and Greek Frozen Yogurt exports connect the business with markets including the UK and Italy.
- Trace the company history Handcarts, automatic production, the 1987 factory and Spitiko
- Read the FY2025 portfolio review Yoghurt exports, UK and Italy, private labels and frozen yoghurt
- Understand the export approach Market adaptation, export readiness and cooperation contacts
Official profile sources: Authentic products drive sustainable growth — Investor Presentation · KRI-KRI Milk Industry interim financial statements for Q1 2026
Current 2026 update
What is changing at Kri-Kri in 2026?
Kri-Kri is stretching the same Serres production base across three growth routes: yogurt exports led by the UK and Italy, capacity investment at both factories, and Greek Frozen Yogurt across domestic tourist, export and private-label channels. H1 exports remained strong, while higher input, energy and transport costs led management to lower its 2026 EBIT expectation to EUR 57-58 million from about EUR 60 million.
The change in one sentence
One local production base is being extended across markets, formats and channels.
The boundaries matter: export share does not reveal brand mix or country concentration; planned capex is not completed capacity; channel targets are not signed contracts. H1 results show strong exports, but management lowered its 2026 EBIT expectation as cost pressure increased.
Four lenses on 2026
The same four-quadrant format used in the Company profile.
01 · Export model
The UK and Italy turn overseas yogurt into the core business
H1 overseas yogurt sales increased 46.8% in value; the UK and Italy rose 67% and 31%, respectively. Yogurt sales overall increased 35.3% in value and 28.6% in volume. Foreign yogurt is a core channel, but the company does not disclose absolute sales by country or a branded-versus-private-label export split.
- Current signalYogurt exports +46.8% in value in H1
- Why it mattersExport-led growth heightens the importance of capacity delivery and country/customer concentration.
- Kri-Kri Milk Industry 2026-09-23
02 · Production capacity
Both Serres factories are inside one investment programme
Kri-Kri is implementing an investment programme to expand and upgrade its yogurt and ice-cream facilities. It spent more than EUR 8 million on plant, machinery and buildings in H1, while full-year 2026 capex is expected at EUR 26-30 million. Spending and planned capacity additions should not be presented as completed production capacity.
- Current signalH1 capex above EUR 8m; FY2026 plan EUR 26-30m
- Why it mattersThe company needs additional usable capacity to serve sustained yogurt export demand.
- Kri-Kri Milk Industry 2026-09-23
- Kri-Kri Milk Industry 2026-09-24
03 · Ice-cream routes
Greek Frozen Yogurt is being pushed through tourist, export and private-label channels
Management’s plans include tourist-area promotion of Greek Frozen Yogurt, export development and private-label ice-cream work. H1 domestic ice-cream sales declined 1.8% amid a weaker Greek market. The September investor presentation also reports the loss of a UK private-label contract and slower US sales development than initially expected; no product-level sales for Greek Frozen Yogurt are disclosed.
- Current signalH1 domestic ice-cream sales -1.8%
- Why it mattersThe route to growth remains unquantified while domestic demand and some export activity have weakened.
- Kri-Kri Milk Industry 2026-09-23
- Kri-Kri Milk Industry 2026-09-24
04 · What to watch
Three questions for the next disclosures
Three questions track whether export concentration, investment and channel plans convert into durable capacity and sales.
- Export breadthDo the UK and Italy sustain growth, and does Kri-Kri disclose a broader country or branded/private-label mix?
- Capacity and costDoes capex produce disclosed capacity milestones as Middle East-related costs enter the full-year cost base?
- Frozen-yoghurt channelsDo tourist promotion, export development or private-label work produce named markets, contracts or product-level sales?
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 20 | +91% | +974% | +229% |