The Board of Directors of Farsons Group announces another year of solid financial and operational performance for the year ended 31 January 2025. The Group delivered growth across both its Beverage and Food segments, driven by targeted strategic initiatives and sustained investment in operational efficiency and innovation. Revenue from the Beverage segment reached €101.8 million, while the Food segment generated revenues of €39.3 million. This increase in revenue was accompanied by an even stronger improvement in profitability, with Group profit after tax rising by 21.9% to €18.6 million. These results underscore the strength and resilience of the Group’s business model and reflect its ongoing commitment to delivering long-term value for shareholders.
Throughout the year, Farsons benefited from a relatively stable domestic market, although broader geopolitical and economic challenges—such as global supply chain disruptions, freight inflation, and labour shortages—continued to exert pressure. Despite these external headwinds, the Group maintained strong momentum through cost containment efforts, refined business strategies, and operational agility.
The Beverage segment recorded improved operating performance, underpinned by enhancements in brewing and bottling efficiency and overall cost containment, while the Food segment continued to benefit from a sharpened focus on its franchised restaurant operations and selective network optimisation. The Group’s ability to adapt to shifting consumer trends and navigate a competitive marketplace has reinforced its market position.
A highlight of the year was the launch of several strategic capital projects designed to support future growth. These include the development of a state-of-the-art logistics and office complex in Handaq to serve the Food business, and an automated returnable packaging facility at the Group’s Mrieħel site aimed at driving greater circularity and operational efficiency.
The Group also made further strides on its sustainability agenda, including investments in renewable energy infrastructure, the replacement of fleet vehicles with environmentally compliant alternatives, and the implementation of a CO₂ recovery plant, scheduled to become operational in the second half of 2025.
The Group announced in November 2024 a strategic step in its ongoing evolution with the planned Spin-Off of its Food Business into a separate legal entity, Quinco Holdings plc, which would be listed on the Malta Stock Exchange (MSE).
Having grown steadily across the beverages, property, and food sectors over the past decades, the Group has seen consistent year-on-year growth in its Food Business, even amidst market and economic pressures. Following a strategic review concluded in 2024, the Board has determined that the Food Business is now well-positioned for further expansion as an independent, focused entity.
This move echoes the successful spin-off of Trident Estates p.l.c. in 2018 and is intended to unlock new growth opportunities. The Spin-Off will enable the Food Business to benefit from a dedicated management team and board of directors, enhancing strategic focus and execution capacity.
The Board firmly believes that this reorganisation will maximise value for shareholders and stakeholders, driving both organic and inorganic growth, while maintaining alignment with the Group’s long-term vision.
Looking ahead, the Group remains focused on operational excellence, sustainability, and building long-term brand equity. The Group’s outlook for financial year 2026 is positive, supported by ongoing investments in infrastructure, a dynamic tourism sector, and prudent financial management. With a clear strategy and strong foundations, Farsons is well-positioned to continue delivering value to consumers, employees, and stakeholders across the board.