Simonds Farsons Cisk plc has announced another year of solid financial and operational performance, with both its beverage and food businesses contributing to a positive result for the financial year ending 31 January 2025.

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Revenue from the beverage segment reached €101.8 million, while the food segment brought in €39.3 million. Overall, profit after tax rose by 21.9% to €18.6 million, with the company citing targeted strategic initiatives and ongoing investment in innovation and operational efficiency as key drivers.

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Farsons noted that the performance came despite global headwinds, including supply chain disruptions, inflation in freight costs, and labour shortages. It credited a stable domestic market and internal agility for maintaining momentum.

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The beverage division benefited from improvements in brewing and bottling efficiency, while the food business focused on optimising its franchised restaurant network. These efforts helped reinforce Farsons’ market position in a competitive environment.

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During the year, the Group also launched several strategic capital projects to support future growth. Among these are a new logistics and office complex in Handaq for the food business and an automated returnable packaging facility at its Mrieħel site, part of its push for circularity and efficiency.

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Progress was also made on the Group’s sustainability agenda, with investments in renewable energy, the replacement of vehicle fleets with environmentally compliant models, and the introduction of a CO₂ recovery plant set to come online in the second half of 2025.

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Another significant development was the announcement of a planned spin-off of the food business into a separate listed entity, Quinco Holdings plc. Set to be listed on the Malta Stock Exchange, the move aims to give the food business greater strategic focus and flexibility.

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The decision, following a strategic review, mirrors Farsons’ earlier spin-off of Trident Estates in 2018 and is expected to create new growth opportunities. The Group believes the reorganisation will unlock value for shareholders and stakeholders, positioning both businesses for continued success.

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Looking ahead, Farsons said it remains committed to operational excellence and long-term brand equity, with a positive outlook for 2026. The Group highlighted continued investment, a strong tourism sector, and prudent financial management as supporting factors for its future trajectory.

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