Record Group Sales and Top-Line Growth
Group sales increased by 7.4% year‑on‑year to approximately EUR 1.5 billion (around +10% on a constant currency basis per management commentary), delivering a record sales year.
Strong Profitability and Net Income Improvement
Net profit improved by 64% year‑on‑year to EUR 74 million, driven by higher operating income and lower financing costs; operating income rose ~43.5%.
Adjusted EBITDA and Margin Progress
Adjusted EBITDA grew by 8.7% to EUR 118.2 million and the EBITDA margin expanded slightly from 8.0% to 8.1%, showing progress toward the midterm 9% target.
Record Adjusted Earnings Per Share
Adjusted EPS increased by 8.8% to EUR 2.18, representing a record performance for the company.
Record Segment Performance — Spices & Nuts and Food Solutions
Spices & Nuts delivered an all‑time high performance with every company in the segment posting record results; Food Solutions posted a record EBITDA year supported by strong volume growth and commissioning of a new wet blend facility (capacity to potentially triple output).
Organic Ingredients Recovery
Organic Ingredients showed a healthy recovery after prior cocoa hedging impacts, with strong performance across categories (cocoa, coffee, fruit & vegetable, nuts & seeds) and improved margins, contributing materially to group results.
Dividend and Capital Allocation
Proposed full‑year dividend of EUR 1.40 per share, a 12% increase versus 2024, consistent with the company's payout policy and signaling confidence in cash generation.
Strategic M&A and Geographic Expansion
Acquisition of Manuzzi (Nov 2025) expanded the Spices & Nuts footprint into Southern Europe; earlier bolt‑on Delinuts Nordics acquisition also integrated, supporting scale and top‑line growth initiatives.
Sustainability and ESG Progress
Obtained limited assurance on the sustainability statement for the second consecutive year, achieved substantial reductions in Scope 1 & 2 CO2 emissions, initiated SBTi work at Delinuts, installed adapted solar panels at a site, and Tradin Organic joined the Nature Positive initiative.
Cash Flow and Operating Performance (ex‑Working Capital)
Operating cash flow excluding working capital increased by ~12% year‑on‑year, reflecting improved underlying profitability.