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

About this update from 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.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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