Omer-Decugis & Cie: revenue up 12%, growth slows in the second half
Omer-Decugis & Cie published on November 3, 2026 annual revenue for fiscal 2025/26 of €319.0 million, up 12.0%, marking a sixteenth consecutive year of growth. However, growth slowed over the course of the year: +16.3% in the first half, +7.8% in the second half, then +4.8% in the fourth quarter alone, at €68.1 million.
This end-of-year slowdown is attributable to the Bratigny wholesale division, whose sales fell 11.0% in the last quarter. The SIIM division, which generated €257.2 million of the year's €319.0 million, meanwhile grew 9.6% over the same period.
Growth of 12% over the year, half as fast in the second half
The gap between the two halves of the fiscal year is the main takeaway from the publication: second-half growth is less than half that of the first half. The group attributes this in particular to geopolitical tensions linked to the situation in the Middle East and their impact on logistics costs.
According to the company, unfavorable weather conditions in France have also contributed, leading to more selective consumption of fresh produce. Chairman and Chief Executive Officer Vincent Omer-Decugis cites “disruptions in maritime trade,” in the face of which the group says it has “made the right strategic choices to maintain [its] growth trajectory.”
The SIIM division drives growth, Bratigny declines in the second half
The SIIM division, the largest contributor to revenue, recorded sales of €257.2 million for the year, up 15.2%. Value-added segments (mangoes, lychees, pineapples, other exotic and ethnic products) supported this growth. In the fourth quarter, the division generated €54.7 million.
The company states that it has implemented selective management of flows within this division “in order to limit pressure on margins,” in an environment marked by high import and logistics costs and strong price competition in Europe.
The Bratigny division followed the opposite trajectory: after rising 7.6% in the first half, its sales fell 6.5% in the second half. For the year, its revenue was virtually stable at €61.8 million (+0.2%).
The group points to a high comparison base following a dynamic summer 2025, episodes of intense heat that weighed on attendance at open-air markets, and consumer preference for supermarkets. It considers these factors to be cyclical.
EBITDA margin expected to decline, Dunkirk planned for November 2027
The group indicates that rising logistics and input costs will weigh on its operating balance and that the EBITDA margin for fiscal 2025/26 is expected to be lower than in the previous year. It reaffirms its profitability target for 2030, which it describes as unchanged.
On the industrial side, the partnership with SEMMARIS, announced on October 26, 2026, concerns a future 25,000 m² platform in Dunkirk. This is expected to double the group's ripening capacity, with operational opening planned for November 2027, in line with the initial timetable.
To finance this 2026-2030 strategic plan, the company relies in particular on the syndicated loan agreed in July 2026. The year thus ends with growth driven by the import activity of the SIIM division, while the wholesale division and rising logistics costs weigh on the second half.
