Kidscom SA achieved a record turnover in 2023 and, as noted in an announcement, exceeded 4 million euros for the first time.

As recalled in the announcement, the company which is 100% owned by Stavros Kafounis, who is also the president of the Athens Chamber of Commerce, is one of the few companies in the field of children’s goods with unprecedented profitability since its establishment in 2008 “and is the exclusive distributor of some of the strongest global brands such as Joie, Nuna, Recaro, Sparco, Kindercraft, Lascal, etc., while within the next few days, the announcement of the integration of two new leading brands is expected”.

At the same time, the company has 3 privately owned stores in Greece and two in Cyprus, while in 2023 it completed the renovation plan of all its physical stores and renewed its digital store (www.kidscom.gr).

Statement

On the occasion of the announcement of the results, the president and CEO of Kidscom, Stavros Kafounis, said: “I am happy because, despite the terrifying decrease in births in our country, which is now reaching alarming proportions, we managed in the difficult 2023, to record the highest historical sales, while we hope that our ambitious investment plan of recent years, combined with the drastic operational adaptation to the new market requirements, will allow us to continue our development course this year as well”.