Omer-Decugis & Cie, an international supplier of fresh and exotic fruit and vegetables, reported annual revenue of €284.8 million (US$306.9 million) for the 2024/25 fiscal year, up 15.3% from the previous year and 23% above the company's IPO target of €230 million (US$247.8 million). Organic growth reached 13.8%.
The company achieved its fifteenth consecutive year of revenue growth, with an average annual rate of 19.2% between 2020 and 2025. Fourth-quarter revenue, covering July to September 2025, totaled €64.9 million (US$69.9 million), a 19.2% increase year-on-year.
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The SIIM division recorded €223.1 million (US$240.1 million) in revenue, representing 78.4% of the group's consolidated total, up 20.2% on the year (18.2% organic growth). The increase was driven by steady demand across exotic and ethnic product lines. The banana and pineapple categories, however, experienced lower summer prices, which affected margins.
The wholesale division recovered in the second half of the year following a restructuring of its product offering and reduced market traffic earlier in the year. Fourth-quarter revenue reached €15.1 million (US$16.3 million), up 9.3%. For the full fiscal year, the division generated €61.7 million (US$66.5 million), a 0.6% rise from the previous year. Growth was supported by expanded market activity in exotic produce, particularly kiwi.
Omer-Decugis & Cie expects operating performance to increase compared with 2023/24, although price pressure on high-volume lines such as bananas and pineapples, along with the restructuring of the wholesale portfolio, is expected to moderate gains. The company forecasts an EBITDA margin of around 4.2%.
Vincent Omer-Decugis, Chairman and Chief Executive Officer, stated: "We are closing our fifteenth consecutive year of growth, having exceeded the critical size objective set at the time of our IPO. We now hold a leading position in our markets, with solid growth prospects across all product ranges and both business divisions, supported by our international operations in Spain, Denmark, and the Netherlands. Our production sites in Africa and South America provide a strong and lasting foundation, ensuring our clients a reliable medium-sized and long-term supply of product ranges that continue to perform well with European consumers. Finally, our future logistics and ripening site at Dunkirk Port will serve as one of the cornerstones of our new strategic plan to accelerate the Group's development. We look to the future with confidence, ready to write a new chapter of profitable growth through to 2030."
© OmerDecugis & CieFor more information:
Emeline Pasquier
Omer-Decugis & Cie
Tel: +33 (0) 1 45 12 29 60
Email: [email protected]
www.omerdecugis.com
