Revenue rises 7% to €58.4 million as profit before tax from continuing operations increases by 14%
Simonds Farsons Cisk p.l.c. has reported positive results for the six months ended 31 July 2026, supported by growth in its core beverage operations, improved operational performance and resilient consumer demand.
Revenue increased by 7% to €58.4 million, whilst gross profit rose by 9%. Profit before tax from continuing operations grew by 14%, despite a highly competitive market, less favourable weather conditions at the beginning of the period and continued pressure on labour and operating costs.
The Group delivered a profit after tax of €6.8 million for the six-month period. This result reflects a higher tax charge and the absence of the contribution previously generated by the food business following its separation from the Group. Importantly, the underlying strength of the core beverage operations was demonstrated by the 14% increase in profit before tax from continuing operations.
Reflecting the Group’s performance and confidence in its future prospects, the Board of Directors has declared an interim cash dividend of 7c per ordinary share, up from 6.5c in the previous year. The dividend represents a total distribution of €2.52 million and will be paid out of tax-exempt profits.
Mr Louis A. Farrugia, Chairman of the Group said, “the increase in the interim dividend reflects the progress achieved during the first half of the year and the Board’s commitment to delivering value to shareholders. Our more focused business structure, strong brand portfolio and sound financial position provide a solid platform for sustainable growth.”
The results cover the first full reporting period following the separation of the Group’s food and beverage businesses, providing investors with the sound performance and prospects of its core beverage activities.
Commenting on the results for the first time since taking up the role of Chief Executive Officer, Mr Michael Farrugia said “Our revenue and profit growth demonstrate the resilience of the business and the effectiveness of our commercial and operational strategies. We remain very focused on strengthening our brands, improving service to our customers, and accelerating investment in the capabilities and infrastructure that will support Farsons’ growth. There remains much to do, but we enter the second half with a clear direction and considerable energy behind our ambitious agenda.”
Investments continued during the period in the Group’s automated central logistics facility. This strategically important project is expected to improve operational efficiency and resource utilisation while strengthening the collection, handling and recovery of returnable bottles and packaging materials. The facility remains on schedule for completion during the final quarter of 2027.