European Growth Leaders 2026

Annual ranking data providerLSEG WorkspaceUsed with permission · acknowledgements

An independent academic observatory making Europe’s listed growth companies visible.

Francesco Castellaneta, Full Professor of Strategy, SKEMA Business School · Scientific Committee Diego Zunino and Jackie Krafft

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Annual rank20

Greece · Consumer Non-Cyc.

Kri-Kri Milk Industry

Kri-Kri produces ice cream, yogurt and fresh milk from its base in Serres, Greece.

+91%revenue growth
FY2022–FY2025
+974%net-income growth
FY2022–FY2025
+229%stock return
FY2022–FY2025
+44%2026 stock return
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.

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.

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.

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.

Current 2026 update

What has changed in 2026?

Q1 2026 · 27 May 2026

Q1 2026latest official update
3company-specific highlights
+44%2026 stock return · context only

First-quarter sales and net profit

Q1 sales rose to EUR 89.9m from EUR 66.4m, while net profit rose to EUR 13.9m from EUR 7.2m.

Q1 2026 · EUR 89.9m · +35.4%

Operating cash flow

Q1 cash flow from operating activities improved to EUR 5.3m from EUR -6.5m.

Q1 2026

FY2026 outlook

Kri-Kri expects FY2026 sales above EUR 390m and EBIT around EUR 60m, provided geopolitical developments do not materially affect its cost base.

FY2026 outlook

Annual record

Ranking history

Future editions add rows; they do not rewrite the 2026 record.

EditionMeasurement periodRankRevenue growthNet-income growthStock return
2026FY2022–FY202520+91%+974%+229%