Net profit decline was primarily due to the profit tax of minimum 1% from revenues, which came into force this year, and the higher costs with the employees.
Revenue growth was supported by the organic development in the distribution segment and the contribution of the three companies acquired in 2024 that operate on the Romanian market. Romtec and the two Parmafood companies had a contribution of 5.3% to the company’s revenues.
“The actions undertake in the first nine months align with our sustainable growth strategy. The three strategic acquisitions completed in 2024 strengthen our position. This year, we celebrate 30 years of activity, a period in which we have grown alongside the Romanian market, expanded into the Republic of Moldova, and achieved results that reflect our ongoing commitment to our partners, clients, and investors. We are actively focused on maximizing our presence in high-growth, high-margin distribution channels, as HoReCa and gas stations, as well as on creating synergies with the three newly acquired companies. Operational excellence remains a priority for AQUILA, especially as the group expands, building on a strong foundation of efficiency, digitalization, and sustainability,” stated Catalin Vasile, Aquila CEO.
In line with its sustainability objectives, AQUILA allocated EUR 16.9 million in 2024 for investments in transportation vehicles and warehouse equipment.
Aquila operates in Romania and the Republic of Moldova.
(English version by Catalina Apostoiu)