Switzerland's Emmi 2025 sales beat estimates on Mademoiselle Desserts deal, strong demand

Emmi AG

26/02/2026 06:05

Overview

Swiss dairy firm's 2025 sales rose 9.1%, beating analyst expectations

EBITDA increased to CHF 492.3 mln, driven by acquisitions and efficiency programs

Company plans 6.1% dividend increase to CHF 17.50 per share

Outlook

Emmi expects 2026 organic sales growth of 1.0% to 3.0%

Company forecasts 2026 EBIT between CHF 335 mln and CHF 355 mln

Emmi anticipates 2026 net profit margin of 4.8% to 5.3%

Result Drivers

ORGANIC SALES GROWTH - Emmi reported a 4.3% increase in organic sales, driven by strong momentum in Switzerland and growth markets like Brazil, Chile, and Mexico

ACQUISITION IMPACT - The acquisition of Mademoiselle Desserts contributed significantly to earnings, enhancing Emmi's position in the premium desserts niche

CURRENCY AND TARIFF RESILIENCE - Despite negative currency effects and US tariffs, Emmi's decentralized model and efficiency programs helped maintain resilience

Company press release: ID:nEQ26d3Ppa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
Beat
CHF 4.75 bln
CHF 4.69 bln (7 Analysts)
FY Net Income
CHF 227.10 mln
FY Dividend
CHF 17.50
FY EBIT
CHF 334.60 mln
FY EBIT Margin
7.10%
FY Organic Growth
4.30%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for Emmi AG is CHF900.00, about 12.1% above its February 25 closing price of CHF803.00

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)