Apetit (APETIT) Q1 2025 earnings summary

Executive summary

• Operating result declined year-on-year, with profit improvement in Food Solutions but a significant drop in Oilseed Products.

• Net sales grew slightly to EUR 43.8 million compared to EUR 42.2 million in the same quarter last year.

• Group liquidity and financial position remained strong, with an equity ratio of 81.9%.

• No material events occurred after the end of the review period.

Financial highlights

• Net sales: EUR 43.8 million, up 4% year-over-year.

• Operating result: EUR 2.3 million, down 33% year-over-year.

• EBITDA: EUR 4.1 million, down 18% year-over-year.

• Profit for the period: EUR 0.4 million, down from EUR 1.9 million year-over-year.

• Earnings per share: EUR 0.06, down from EUR 0.31 year-over-year.

Outlook and guidance

• Operating result for 2025 is estimated to slightly decrease from the previous year (EUR 9.3 million in 2024).