Omer-Decugis & Cie, an international group specializing in fresh and exotic fruits and vegetables, has announced its revenue results for the first half of the 2024/25 fiscal year, covering the period from October 1, 2024, to March 31, 2025. The group reported revenue of €140.4 million, an increase of 13.4% compared to the same period in the previous year. Organic growth accounted for 10.3% of this increase.
The SIIM division led the group's growth, generating €111.0 million in revenue, a 19.4% increase compared to the same period last year, with organic growth at 15.4%. This performance was driven by strong demand for avocados and exotic products, along with expanded commercial operations across all segments and distribution channels. The division's success also reflects the benefits of direct supply to Scandinavian markets through EMA's.
In contrast, the Bratigny division recorded a decline in revenue, with sales falling by 4.8% to €29.4 million. This downturn is attributed to a slowdown in demand in the retail sector, as consumers shifted toward mass-market retail channels in a challenging economic environment. The division's performance was further impacted by ongoing restructuring efforts and product range adjustments following the acquisitions of Champaris and Anarex.
For the second quarter alone, the group achieved revenue of €65.3 million, a 13.1% increase compared to the same period last year. The SIIM division continued its strong performance, recording €50.4 million in revenue for Q2, up 19.5%, while the Bratigny division posted €14.9 million, reflecting a decline of 4.2%.
Vincent Omer-Decugis, Chairman and CEO of Omer-Decugis & Cie, emphasized that the group's growth in the first half reflects the strength of its strategic focus on the BAMA segment (Banana, Pineapple, Mango, Avocado) and the continued expansion of its exotic product range. He acknowledged that the wholesale segment experienced a temporary slowdown due to economic factors and ongoing restructuring, but maintained that the group's business fundamentals remain solid.
Looking ahead, Omer-Decugis & Cie remains optimistic about its performance for the remainder of the fiscal year. The group has set a target of 10% revenue growth for the full year, with an expected EBITDA margin of around 5%. It is also preparing for a new phase of development, with plans to begin construction of a new logistics platform at Dunkirk Port in 2026, following the issuance of the construction permit.
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For more information:
Emeline Pasquier
Omer-Decugis & Cie
Tel: +33 (0)1 45 12 29 60
Email: [email protected]
www.omerdecugis.com