Farsons Group, a leading name in beverages and food retail, is forecasting a record revenue of €141.5 million for FY2025, marking a 6.5% increase from €132.9 million in 2024.
The bulk of this growth, €99.2 million, is expected to come from the beverages segment, which continues to drive the company’s success, according to the company’s latest Financial Analysis Summary.
Gross profits are also forecast to hit a new high of €53.5 million, up 8.1 per cent from €49.5 million last year. Profit before tax is projected to rise by €1.4 million, reaching €17.5 million compared to €16.1 million in FY2024.
This strong performance highlighted in the report, reflects ongoing business momentum and past investments to boost efficiency and control costs.
EBITDA is anticipated to grow to €30.3 million from €27.9 million in 2024, while depreciation will rise due to increased investment in property, plant and equipment. Meanwhile, the cost of sales is expected to increase by 5.5 per cent to €88 million, closely tracking revenue growth.
Last year, Farsons’ Board approved the construction of a new logistics centre and office block in Handaq (Qormi) dedicated to the food business, along with discussions of a potential spin-off into a separate listed entity. Shareholders may receive updates on this move as early as 2025.
Construction is already underway on the state-of-the-art Handaq warehouse and logistics centre, slated for completion by mid-2026. This facility will feature a digital inventory management system and is expected to “more than triple current storage facilities”, significantly boosting the food business’s operational capabilities.
In franchised food operations, two Pizza Hut outlets closed in St Julian’s and Sliema, while two new outlets opened in Bay Street, along with a newly-added brand, Boost outlet at Shoreline. Further expansions, particularly in the southern region of the island, are planned alongside ongoing upgrades to existing outlets.
Farsons is also investing heavily into an Automated Returnable Container Facility in Mriehel, which is expected to be completed by summer 2026. Together with the Handaq logistics centre, these initiatives represent over €30 million in capital investment over the next two and a half years.
