March 12, 2025
March 11, 2025.- Europastry, the Spanish company leading the frozen bakery dough sector, closed 2024 with sales of 1.506 billion euros, 12% more than in 2023. Additionally, EBITDA reached 236 million euros, an increase of 15% compared to the previous year.
By country, Spain remains Europastry’s main market, with the United States ranking second. Thanks to its internationalization strategy, sales outside Spain now account for 56% of the company’s total revenue.
Regarding the various sales channels, Europastry continues to demonstrate solid distribution. Business diversification has led to an increase of 10,000 customers (a 12.5% growth), surpassing 90,000 customers across the artisan bakery, retail, and foodservice channels. In this regard, the company continues to drive innovation and strengthen its leadership in various segments, responding to industry demands. Innovation and new product categories launched over the past three years accounted for 22.5% of the group’s total sales.
“We are very pleased with the results achieved, which reflect the strength of our business model and our ability to adapt to market needs thanks to the mindset of everyone working in this company. At Europastry, we continue to invest in innovation and technology, which, combined with our expertise and technological capabilities, allow us to consolidate our leadership position and project solid growth prospects,” says Jordi Gallés, Executive Chairman of Europastry.
Investment in R&D and Technology
The company continues its strong commitment to innovation, with an investment of 124.4 million euros in R&D and technology in 2024.
Among the various projects developed, Europastry inaugurated a new CEREAL innovation center in Barberà de Vallès (Barcelona), covering a total area of 2,500 square meters and featuring four production lines to develop new products. The facility employs 90 people who design and produce new products in line with the latest market trends.
As part of its growth strategy, Europastry continues to strengthen its product portfolio and has launched a new cookie plant, one of the most advanced in Europe and a leader in technology. Located at its Oldenzaal (Netherlands) facility, this new line represents an investment of 19 million euros and is distinguished for being “carbon neutral,” thanks to its electric production oven and the exclusive use of electricity from renewable sources. Once it reaches full operational capacity, it will generate more than 50 jobs.
Additionally, in 2024, a new bread production line for the hospitality industry was launched in Azuqueca de Henares, and construction began on a new production center in Carregado (Portugal), set to open in 2025.
Commitment to Sustainability
Moreover, Europastry continues to advance its environmental objectives. In 2024, the company reached a new sustainability milestone by obtaining its second star in the Lean & Green Certification, recognizing its commitment and efforts to reduce emissions in goods transportation. Additionally, over the past four years, Europastry has achieved the following environmental milestones:
• Reduction of water consumption by 14.2%
• Decrease in carbon footprint by 51%
• 90% of the energy used in its production plants comes from renewable sources
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