Farsons Group has announced another year of solid financial and operational performance for the year ended 31 January 2025, marking notable growth across both its beverage and food segments.

The group’s revenue from the beverage segment reached €101.8 million, while the food segment generated €39.3 million in revenues. This uplift in revenue was matched by an even stronger surge in profitability, with group profit after tax rising by 21.9 per cent to €18.6 million.

Despite operating in a relatively stable domestic market, the group faced broader geopolitical and economic challenges, including global supply chain disruptions, freight inflation, and labour shortages. Nevertheless, Farsons maintained strong momentum through cost containment, refined strategies, and operational agility.

The beverage segment saw improved operating performance, driven by brewing and bottling efficiencies alongside robust cost management. Meanwhile, the food segment benefited from a sharpened focus on its franchised restaurant operations and selective network optimisation.

Throughout the financial year, Farsons launched several major capital projects aimed at supporting future growth. These include the development of a state-of-the-art logistics and office complex in Ħandaq for the Food business and an automated returnable packaging facility at the Group’s Mrieħel site to boost circularity and efficiency.

On the sustainability front, Farsons advanced its green agenda with investments in renewable energy infrastructure, the replacement of fleet vehicles with environmentally compliant alternatives, and the implementation of a CO₂ recovery plant, which is expected to become operational in the second half of 2025.

A key milestone announced during the year was the strategic Spin-Off of the Group’s Food Business into a separate legal entity, Quinco Holdings plc, which will be listed on the Malta Stock Exchange (MSE). 

The Board stated that, following a strategic review concluded in 2024, the Food Business has demonstrated consistent year-on-year growth and is now positioned for further expansion as an independent and focused entity. The separation will enable the Food Business to benefit from its own dedicated management team and board, enhancing strategic focus and execution.

The Board believes this reorganisation will maximise value for shareholders and stakeholders, driving both organic and inorganic growth while maintaining alignment with Farsons’ long-term vision.