Cyprus, Nicosia

Keo increased profit to €13.5 million and announced dividends to shareholders

30.04.2026 / 08:39
News Category

The Cypriot company KEO summarized its financial results for 2025, recording an increase in net profit to 13.5 million euros compared to 11 million euros a year earlier.

Against this background, the board of directors decided to pay interim dividends totaling 3.8 million euros. The payment amount will be 0.09 euros for each fully paid ordinary share.

Despite increasing competition in key segments, the company managed to maintain its market positions. At the same time, the total turnover in 2025 decreased slightly by 1.1% — to 74.4 million euros against 75.3 million euros in 2024. The company explains that the decrease is due to a one-time large transaction in the first half of 2024, which was not repeated in the reporting period.

Operating profit also showed a moderate decline, amounting to 8.8 million euros against 9.3 million euros a year earlier. This indicator, as noted, also reflects the effect of the absence of last year's one-time transaction.

Overall, the results demonstrate the resilience of KEO's business amid market challenges. Profit growth with a slight decrease in turnover indicates an increase in cost management efficiency and the preservation of stable demand for the company's products.

Analysts note that the dividend payment confirms management's confidence in the company's financial position and its ability to generate stable cash flow.

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