2024 Half-yearly results
In the first half of 2024, the mineral water group Spadel achieved significant growth in its sales, closing the period with a 7,4% increase in turnover. Operating profit (EBIT) also rose substantially, by 27%.
Sales growth was reflected across all the Group's markets, with increases of 25% in Bulgaria, 5,9% in the Netherlands, 4,0% in France and almost 1% in Belux, enabling Spadel to gain market share and strengthen its leadership position in Belgium, Bulgaria and the Netherlands, against a backdrop of overall growth in the bottled water market. The significant increase in turnover is primarily due to growth in volumes sold and the mix effect. A number of innovations were also warmly received by consumers, such as the new Spa Touch Mocktails flavoured waters, Zyla 100% natural energy drinks and the Spa Fountain water fountain, and continued to favour the 5 L and 10 L Spa Reine Eco Packs, the 5 L Wattwiller Water Fountain and the new 'Devin Mineral and Vitamins' range.