“EBITDA doubling in the next 5 years is an essential objective of our strategy as we plan to further boost and optimize our business both via organic growth and acquisitions,” stated Jean Dumitrescu, Investor Relations Director at Aquila.
As regards own brands included in the current portfolio, such as Gradena or LaMasa, Aquila says it is focusing on expanding the product range and presence on store shelves and in the hospitality industry.
Aquila was founded in 1994 and has around 3,000 employees.
The group’s revenues went up by 13% in 2021, to RON1.93 billion, while net profit rose by 30%, to RON71 million.
(English version by Catalina Apostoiu)