Spinneys 1961 Holding PlcDFM: SPINNEYS

SPINNEYS: Record Q1 2025 revenue and profit growth, with strong outlook and ongoing expansion plans

· Issued by Spinneys 1961 Holding Plc

Q1 2025 saw record revenue of AED 906m, up 11.3% YoY, with profit before tax up 23.2% and ecommerce sales rising 26%. Guidance for FY2025 targets 9-11% revenue growth and 19-20% adjusted EBITDA margin, with continued store expansion and digital investment.

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