Savencia Records a 2.6% Decline in Annual Revenue for 2025

Financial Performance Overview

The group's revenue decreased by 2.6% as of December 31, 2025, compared to the previous fiscal year. However, this contraction masks a resilient organic dynamic: overall organic growth reached 1.6%, supported by strong performance in Other Dairy Products. Currency effects had a negative impact of 4.3%, mainly related to the devaluation of South American currencies. The structural effect, resulting from the integration of Ugalait since July 2, 2024, contributed 0.2% to the total. The year 2025 unfolded in a context marked by strong inflation in the dairy economy, with record milk prices, particularly in France, significant volatility in demand, and atypical industrial quotations that led to a major adjustment in September, especially in the price of fat content.

Performance by Product Category

With constant scope and exchange rates, the revenue from Cheese Products remained stable throughout 2025. This stability reflects a decrease in volumes due to fragile consumption, particularly in France and Europe, offset by price increases in the inflationary context. Other Dairy Products showed better dynamics with an organic growth of 3.7%, driven by positive activity in international markets and the development of specialty ingredients.

Sustainability and Corporate Social Responsibility Initiatives

In 2025, the group undertook the definition of its new CSR commitments for the next ten years, fully integrating them into its strategy. Among the notable advancements, Savencia received the EcoVadis Silver medal and had its decarbonization trajectory validated by the SBTi, aiming to achieve carbon neutrality by 2050. A detailed review of the Oxygen program, launched in 2018, will be presented in the 2025 Sustainability Report. The group's next publication is scheduled for March 5, 2026.