AQUILA ends 2024 with revenues of nearly RON 3 billion, up by 17 percent

AQUILA, one of the largest players in the fast-moving consumer goods (FMCG) distribution sector from Romania and the region, posted in 2024 record revenues of nearly RON 3 billion, an increase of 17 percent compared to the previous year.

This was primarily driven by the expansion of the distribution segment and by the integration of the three companies acquired in 2024 – Romtec-Europa SRL, Parmafood Group Distribution SRL, and Parmafood Trading SRL, which generated approximately 6 percent of the revenues.

Cătălin Vasile, CEO AQUILA: “Our growth strategy, based on strengthening the distribution segment, diversifying our portfolio, and developing our own brands, has proven its effectiveness. Regarding the M&A component, we completed two transactions in 2024, and the synergies are evident, including an increase of 17 percent in sales and of 14 percent in EBITDA. Additionally, we have advanced discussions for the acquisition of KITAX Ktf, for which we received shareholders’ approval in January 2025. Through this acquisition we will become an active player in the Hungarian market, complementing AQUILA’s strategy of integrating new business lines with immediate growth potential and attractive profit margins. The strategic actions undertaken position us to achieve our goal of doubling EBITDA by 2026, using 2021 as a benchmark.”

In the revenue structure for 2024, the distribution and logistics business segments recorded a growth of 18 percent and respectively of 10 percent, while the transport business segment saw a slight decline of 3 percent. Revenues from own brands, from the food products category (Gradena, LaMasă, and Yachtis), and the non-food products category (JetXpert, AquaXpert, and ExpertWipes), increased by 40 percent in 2024, reaching approximately RON 128 million.

The gross profit margin remained at 20 percent. EBITDA increased by 14 percent, reaching RON 176 million, while the net profit recorded was RON 90 million, a decrease of 7 percent. The minimum profit tax of 1 percent of revenues, which came into effect in 2024, along with higher employee costs, were factors that impacted the net result.

In 2024, AQUILA made investments of RON 65 million for the purchase of transportation vehicles, warehouse equipment, and automation.