2026 Half-yearly results
The Group’s growth momentum is continuing due to the success of its local brands and new products, under favourable market conditions.
- Spadel’s revenue increased by 10,1% during the first half of the year, driven by three main factors: a favorable market environment across all its operating regions, growing consumer interest in our local and innovative brands, and several periods of hot weather recorded in May and June.
- Operating profit rose by 22,4%, driven by sales growth despite ongoing pressure on several cost categories.
- For 2026 as a whole, the Group expects to achieve better results than in 2025, despite the geopolitical situation continuing to create uncertainty.
During the first half of 2026, Spadel recorded further growth in its business, confirming the success of its strategy of focusing exclusively on its strong local brands and on innovation. Sales figures were up by 10,1% against the first half of 2025, and EBIT has risen by 22,4%.
This growth was visible across all the countries in which the Group operates: Belgium, the Netherlands, Luxembourg, France and Bulgaria. This growth was driven primarily by an increase in sales volumes under favourable market conditions for all healthy and natural drinks, particularly natural mineral waters.