AQUILA, leader in integrated distribution and logistics services for the fast-moving consumer goods (FMCG) market in Romania and the region, recorded revenues of nearly RON 3.5 billion in 2025, up 18 percent compared to the previous year. EBITDA increased by 5 percent, reaching approximately RON 185 million. The four companies acquired over the past three years, Romtec-Europa SRL, Parmafood Group Distribution SRL, Parmafood Trading SRL, and KITAX Kft contributed approximately 7 percent to total revenues.
Cătălin Vasile, CEO AQUILA: “Since our listing, we have directed the capital raised toward sustainable growth through strategic acquisitions, modernization, and organic expansion. The four completed transactions have significantly expanded our portfolio and regional footprint, generating visible operational and commercial synergies. Preliminary results for 2025 indicate record revenues and strengthened operational performance, achieved in a challenging fiscal and macroeconomic environment, that put pressure on net profitability. The acquisition of KITAX and our entry into the Hungarian market, the Group’s second foreign market after the Republic of Moldova, further consolidated our regional presence. Over the past four years, we have invested more than EUR 30 million in fleet expansion, automation, and digitalization. As the integrated companies reach their expected potential, we anticipate an increasingly meaningful contribution to the Group’s performance, in line with the strategic directions outlined at the time of listing.”
The distribution segment, which generates 95 percent of total revenues, recorded a 19 percent increase, mainly driven by organic growth in the traditional retail (+36 percent) and HoReCa (+18 percent) channels. Revenues from the logistics segment rose by 16 percent, reaching RON 112 million, driven by logistics tariff indexation and the development of new projects. The transport segment recorded a slight decline of 3 percent.
Revenues from own brands across all categories (food and non-food) increased by 16 percent in 2025, reaching approximately RON 148 million.
The gross margin from the sale of goods remained at 20 percent.
Operating expenses before depreciation increased by RON 98 million, driven by a 13 percent increase in the number of employees and the consolidation of the newly acquired companies.
Net profit amounted to approximately RON 50 million, down 45 percent. This result was mainly influenced by the application of the minimum turnover tax in Romania, which led to an effective tax rate of 43 percent, as well as by higher operating expenses and the impact of foreign exchange differences.