EROSKI REPORTS A PROFIT OF €47 MILLION IN 2025 AND COMPLETES LANDMARK FINANCIAL RESTRUCTURING

The EROSKI Group closed the 2025 financial year (ending 31 January 2026), with turnover of €6.081 billion, delivering solid performance across its business operations. In operational terms, the Group continues to deliver strong operational performance, with an operating profit of €252 million, 3.1% higher than the previous financial year, further reinforcing the sustained improvement in its core business.

Profit before tax reached €85 million, 33.1% lower than the previous financial year. Following a corporate tax charge of €38 million, net profit totalled €47 million, due to non-recurring expenses associated with the financial restructuring undertaken during the financial year.

This process marks the definitive normalisation of the Group’s financial structure, enabling the Group to streamline its debt structure, improve its maturity profile and reduce its cost, driving efficiencies and enhancing financial stability in the short, medium and long term.

These results highlight EROSKI’s ability to sustain profitability through enhanced efficiency, disciplined cost management and a strengthened commercial proposition.

“2025 marks a turning point for EROSKI. We are closing a demanding cycle with a strong business, a normalised financial structure and renewed confidence to enter a new phase of growth, always remaining true to our cooperative model and our commitment to people,” says Rosa Carabel, CEO of the EROSKI Group. “In a context that remains challenging for many families, we have strengthened our role as a savings provider, passing on more than €435 million to our customers. This reflects our commitment to supporting them with an offer that is accessible, competitive and reliable,” she concludes.

 

Operating performance

The business has maintained a positive trend across its key indicators. EBITDA reached €340 million, the highest level in the past decade.

These results demonstrate the strength and resilience  of the Group’s operations in a demanding and highly competitive consumer environment.

 

A landmark year: completion of the financial restructuring

The 2025 financial year was marked by the completion of the Group’s financial restructuring, enabling the definitive reorganisation and normalisation  of its financial structure following years of deleveraging.

This has significantly improved the Group’s debt profile,, with more balanced maturities and lower financing costs, reinforcing its stability and positioning it more strongly for the future.

This transaction has been supported by leading national and international institutions, as well as by institutional backing, reflecting strong confidence in the robustness of the EROSKI project and its cooperative model. Institutions including Kutxabank, Laboral Kutxa, BBVA, Santander, CaixaBank, Rabobank, Intesa Sanpaolo and Deutsche Bank, among others, have participated, alongside the Basque Institute of Finance and the ICO. Furthermore, in line with this process, the European Investment Bank (EIB) has recently joined the Group’s financing, further strengthening institutional support and reinforcing its alignment with long-term strategic objectives, thereby consolidating a more efficient and stable financial structure.

This milestone marks the beginning of a new phase for EROSKI, as the Group moves beyond a cycle of financial transformation to focus on growth and enhancing its competitiveness.

“The refinancing process completed in 2025 has enabled us to streamline our financial structure, improve our maturity profile and reduce the cost of debt,  strengthening the Group’s long-term stability. This progress reflects the financial discipline we have pursued in recent years and places us in a stronger position to support business development,” says Josu Mugarra, Chief Financial Officer of the EROSKI Group. 

 

Business improvement in a challenging environment

In a context of more cautious consumption and heightened price sensitivity, EROSKI has continued to strengthen its commercial offering, focusing on savings, quality and local produce.

The Group has maintained a positive trend in its business thanks to:

• A proactive policy focused on Price restraint and reduction
• The continued development of its own-brand range as a key competitiveness driver
• The continued expansion of its range of fresh and locally sourced produce
• The further development of its customer relationship model through the EROSKI Club
• A strategy focused on selective and sustainable growth

In 2025, EROSKI continued to expand its retail network and strengthen its omnichannel model, surpassing 1,500 outlets across both physical and online channels and consolidating its presence in its core markets.

 

Creating value and supporting local communities

True to its cooperative model, EROSKI continues to generate both economic and social value across its local communities, with initiatives that support families, the local business community, and society as a whole.

Key indicators for the year include:

• €435 million in savings passed on to customers
• Partnerships with over 2,300 local producers
• 4,500 hours of sustainability training delivered to nearly 400 suppliers through its Value Chain Support Programme
• More than €25 million invested in social causes
• A workforce of over 28,200 people, including 8,336 worker-members
• More than 298,000 hours of training dedicated to the professional development of its teams

The Group continues to strengthen its commitment to people through its cooperative model, promoting employment, training and professional development, while maintaining a strong contribution to society through savings for families, support for local producers and collaboration with social organisations.

“These results reflect our business model and our approach to responsibility. At EROSKI, our work is guided by five clear commitments: delivering savings and quality, promoting healthy eating, supporting local produce, acting with social responsibility and progressing towards an increasingly sustainable model. This is made possible by the commitment of our people—our greatest asset and the driving force behind a journey defined by resilience and transformation. These principles guide our daily work and translate into a tangible impact on our communities,” concludes Rosa Carabel, CEO of the EROSKI Group.

 

Outlook

Having completed the reorganisation of its financial structure and consolidated its operational performance, EROSKI is entering a new phase with a stronger, more resilient financial position.

This new phase forms part of the Group’s strategic plan, aimed at growing, strengthening competitiveness, advancing its technological transformation and optimising operations, while consolidating a business model centred on the customer, employees, savings and local presence.

Against this backdrop, the cooperative enters the coming financial years with a clear roadmap, focused on driving innovation, advancing its omnichannel model and selectively expanding its retail network, while strengthening its value proposition to meet evolving consumer needs.

This next phase is underpinned by a long-term vision, supported by a more efficient financial structure and a cooperative model that combines competitiveness, sustainability and strong commitment to local communities.