Business · Companies · 6 hrs ago
Condis profit rises 12% as sales remain nearly flat
Condis, a supermarket chain based in Catalonia, earned €24.36 million in 2025, up 12% from the previous year.
Its sales were almost unchanged at €810 million, a 0.4% rise.
The company also increased its earnings before interest, taxes, depreciation and amortisation by 3.5%, to €52.8 million.
Condis focuses on urban and neighbourhood supermarkets and is owned by private equity firm Portobello and its management team.
The chain had 766 stores by October, including outlets added through its purchases of Roges and Menorca-based Binipreu.
It had previously operated only in Catalonia, but this year expanded into Menorca.
Condis remains open to further acquisitions and plans to invest a similar amount to the €18.7 million it spent last year, but has not given a 2026 sales forecast.
Condis reported net profit of €24.36 million in 2025, up 12% from the previous year.
Sales rose 0.4% to €810 million, remaining nearly flat.
EBITDA increased 3.5% to €52.8 million.
The company said profit grew faster than EBITDA because the negative financial result had less impact.
After buying Roges and Binipreu, Condis had 766 stores in October 2026 and said it remained open to acquisitions.
- Who
- Condis, the Catalan supermarket chain owned by private equity firm Portobello and its management team.
- What
- Net profit rose 12% in 2025 to €24.36 million, while sales increased 0.4% to €810 million.
- When
- The results are for 2025; the article was published on 5 November 2026.
- Where
- Condis is based in Montcada i Reixac, Barcelona. Its stores include locations in Catalonia and Menorca.
- Why
- The company said profit grew faster than EBITDA because the negative financial result had less impact.
This story does not have two clearly opposing sides.
Condis passed into the hands of its current owners.
The company recorded net profit of €24.36 million and sales of €810 million.
Condis bought Menorca-based Binipreu.
Condis obtained €305 million in financing from Hayfin.
Condis had 766 stores, including Roges and Binipreu locations.
- Net profit in 2025
- €24.36 million, up 12%
- Sales in 2025
- €810 million, up 0.4%
- EBITDA in 2025
- €52.8 million, up 3.5%
- Stores in October 2026
- 766: 201 company-owned and 565 franchised
- Hayfin financing
- €305 million
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