This year’s returns for the 6+2 stocks, which make up the broader industry, are modestly positive Food – Soft drinks – Beverages in Athens Stock Exchange. Which is extremely significant, considering the total of 22 exits and exits from the sector since 2010 to date – a negative trend, which should be broken with the imminent entry of Korinthian Foods.
Starting with company number 1 on the board, that is Coca Colathe stock has been “running” at a rate of +23% since the beginning of 2024, having raised its total capitalization to levels above 12 billion euros. Today, in fact, the listed value is only slightly away from the “peaks” of 34 euros, which are the maximum of one year and also the maximum of 4.5 years.
So the investor finds his stock Cree – Creewhich hits an all-time high of 13 euros, an increase of at least 36% this year. Somehow, the valuation of the Serres dairy industry exceeds 440 million euros.
Your stock Cloud Farmat the same time, it shows an accumulated variation of 27%, despite having corrected almost -23% compared to this year’s peaks of 1.9 euros. Even so, however, the market value of the Evros milk company exceeds the 20 million euro mark.
Finally, your stock Sarantopoulos Rolling Millswhich operates in the flour sector and is headquartered in Piraeus, has seen a minimum increase of 3% since the beginning of the year.
The industry losers
On the other hand, your stock Loulis Food, which has a market capitalization of over €40 million, fell 10% in 2024, well below its 4-year high of €3.50.
At the same time, Lazaridis Property sees the share fall slightly by 3%, which “cut” the valuation to 32 million euros, while its share Kepenos Millswhich decreased by 27% by 2024, is now worth 10 million euros.
We should add your share to the losers. Spiros Agricultural Housewhich is in the Watch category as of May 2021. This means that it risks being delisted from the stock market if it fails to show progress by mid-2025. For now, however, the stock has lost more than 31% this year, with its market capitalization falling to just 3.7 million euros.
This year’s returns for Food – Beverage – Soft Drinks stocks
• Kri – Kri +36%
• Ebrofarma +27%
• Coca-Cola +23%
• Sarandopoulos +2.8%
• Lazaridis Property -4.2%
• Loulis Food -10%
• Kepenou Mills -27%
• Spyros Farm House -31%
Stock Market: Which Stocks Are Eyeing Yearly Lows – Up to +55%
(The text above is the product of journalistic research and does not constitute an invitation to buy, sell or hold any stock)
