Alkis H. Hadjikyriakos (Frou Frou Biscuits) Public Ltd. announced that it expects a decrease in the group's profitability by the end of 2015 compared to 2014. Despite the significant improvement in the group's liquidity in 2015 compared to previous years, decreased profitability is a result of the further worsening of the problems of liquidity and a more fierce competition on the market and trade, factors which continue to adversely affect the recovery and improvement of the group's results.

The company announced that the strategic actions launched by the Company in 2014 and 2015 are expected to have a positive impact on the results of 2016 during which, barring any unforeseen circumstances, profitability is expected to improve compared to 2015.