An independent family group

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2023 annual report

Spadel is a market leader in bottled water in Benelux and Bulgaria, and a regional leader in Alsace. It makes innovative strategic choices.

The company has always advocated its vision for more sustainable regional brands, enabling it to continue its solid growth and create local jobs.

View the share price of Spadel on the EURONEXT website

Number of shares

The number of shares representing the capital is 4,150,350.

Pursuant to the laws on transparency declarations, and in particular Article 15 of the Law of 2 May 2007, the company provides the following financial information:

  • total share capital: EUR 5,000,000
  • total number of shares conferring voting rights: 4,150,350
  • total number of voting rights (= denominator): 4,150,350
  • existing statutory thresholds: 1% and 3% (Art. 8 of the articles of association)

The contact person for the transparency declaration is the General Counsel.

Rights attached to shares

Right to dividend payment

All shares representing the share capital have the same rights.

Voting rights

  •  In accordance with Article 21 of the articles of association, each share entitles its holder to one vote;
  • Spadel SA has not issued any other class of shares such as non-voting shares or preferred shares;
  • In accordance with the relevant provisions of the Companies and Associations Code, the voting rights attached to the Spadel shares held by the company itself or the subsidiaries it directly controls are suspended.

Financial service

The financial institution providing the company’s financial service is:

Issuer Relations Department
Boulevard du Roi Albert II, 1
1210 Brussels

E-mail :
Tel :+32 (0) 2 337 59 00
Fax : +32 (0) 2 337 54 46

Our strategy is based on innovation, operational excellence, and sustainable development: regionally established products with a reduced carbon footprint!

Marc du Bois ~ CEO of the Spadel group

2023 key figures

Spadel recorded a significant increase in its operating profit thanks to strong sales growth across all the markets where the Group is active, supported in particular by several new products performing well.


million €

in turnover


net dividend/share


million €

in operating income (EBIT)


million €

in net profit

Discover all the figures in our annual report

Financial Calendar

Documents and reports

This section contains our latest annual and half-yearly reports as well as detailed financial information.

Download our

2023 annual report

Regulated press releases


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Investor relations contacts

Marc du Bois

Chief Executive Officer

+ 32 (0)2 702 38 71

Didier De Sorgher

Chief Financial Officer

+ 32 (0)2 702 38 71