The company more than doubled its EBITDA in six years (+130%) and expects to achieve a record net profit of €14 million.
• Record sales +1%, EBITDA +5% and net profit +17%.
• The EBITDA to sales ratio reaches a historic figure of 23%, in a complex environment.
• The group has achieved six consecutive years of profitable growth and strengthens its leadership in the wine sector.

Barcelona, September 22, 2026. – Raventós Codorniu The company closed the fiscal year July 2025-June 2026, improving its all-time sales record (+11% T/T at constant exchange rates) and increasing its profitability to reach an EBITDA of €46 million, 51% T/T higher than the previous year. This result represents the highest EBITDA in the company's history and more than doubles that recorded in 2019-2020, accumulating growth of 1,301% T/T over the last six years.
In a particularly volatile global market with record-high costs, the company achieved gross sales of €234 million this fiscal year, surpassing the previous year's record at constant exchange rates. Net revenue reached €197 million, also slightly higher than the previous year (+11% Q3).
The group also expects net profit to grow by 171% to €14 million, setting a new all-time high. Compared to the pre-pandemic period, sales have increased by more than 201%, EBITDA by 771%, and net profit has turned from a loss of €11 million (in fiscal year 2018-2019) to a profit of €14 million.
According to Sergio Fuster, CEO of Raventós Codorniu, «"These results demonstrate the strength of our growth model based on premiumization, financial discipline, and sustainability. In a challenging market environment, we have managed to increase our sales to record levels and further boost our profitability to a new operating high."».
Business evolution – Data in millions of euros
With this result, Raventós Codorníu has now achieved six consecutive years of profitable growth and consolidates one of the best periods in its recent history.
EBITDA has increased from €44 million in FY24-25 to €46 million in FY25-26, in line with the strategic objective set at the beginning of the project.

The EBITDA to sales ratio reaches 23% compared to 22% recorded the previous year.
Meanwhile, sales -at constant exchange rates- are growing (+1%) and are at historically high levels, consolidating the growth achieved during the last five years.

The company expects to maintain its sustainable growth path during the next fiscal year, with positive evolution in both value and profitability, aiming to reach €48-50M of operating profit.
Sustainable leadership with an international reach
With a strong presence in both Spain and international markets, the company sells over 55 million bottles annually in more than 63 countries. Its portfolio comprises 591 million bottles of cava, 391 million bottles of wine, and 21 million bottles of non-alcoholic and low-alcohol beverages. Sales are distributed as follows: 571 million bottles in the domestic market, 41 million bottles internationally, and 21 million bottles through digital channels, reflecting a balanced strategy of local leadership, global expansion, and the development of new sales channels.
With renowned brands such as Codorníu, Viña Pomal, Raimat, Scala Dei, Parxet, Abadia de Poblet and Legaris, Among many other achievements, since 2022 it has been the world's largest producer of organic cava, with 16 million bottles of organic cava produced annually, representing 431,000,000 tons of the global market. Notably, 1,001,000 tons of Codorníu brand cava has been organic since 2023.

Premiumization and growth in key markets
During the 2025-2026 fiscal year, the company has continued to strengthen its premium positioning and gain value in the main markets where it operates.
In Spain, sales remain stable in both the hospitality and food/supermarket channels. Raventós Codorniu It maintains its leadership in the Spanish cava market in value and volume, with a share of 29.5% according to Nielsen 2026.
In the international market, with slight year-on-year growth, Brazil stands out, tripling its sales (+2,071 TP3T), along with solid growth in Belgium (+101 TP3T), the Netherlands (+81 TP3T), Sweden (+41 TP3T), Mexico (+11 TP3T), and Latin America (+151 TP3T). The group has gained market share for the fifth consecutive year and continues to grow above the industry average, achieving a global Cava market share of 15,771 TP3T according to IWSR.
The digital channel saw a 71% growth. Meanwhile, the wine tourism business continued its positive trajectory, with a 41% increase in sales, registering its highest ever visitor numbers, with over 139,000 people this year.
The premiumization strategy continues to drive the group's profitable growth. The average value per bottle has increased by 21.3% year-on-year, accumulating 101.3% growth over the last five years. The premium collection is a prime example of this. Codorníu Ars Collecta, which continues to show a positive evolution, growing by +25% in restoration.
This evolution confirms the ability to Raventós Codorniu to continue growing above the market average and strengthen the positioning of its main brands, despite the volatility of the environment.
A consolidated B Corp
As a B Corp company since March 2025, Raventós Codorniu The company has continued to make decisive progress in its commitment to sustainability and creating shared value. Key milestones for the 2025-2026 fiscal year include achieving 100.1% of its energy consumption from renewable sources, and 16.1% of its energy now being self-generated through biomass and photovoltaic installations. Furthermore, the company maintains a strong investment commitment, allocating €14 million annually to the development of its people, brands, innovation, and sustainability, supported by a team of over 600 professionals worldwide.
Likewise, Raventós Codorniu It has strengthened its support for viticulture and the territory by promoting initiatives focused on regenerative agriculture, biodiversity preservation, adaptation to climate change and support for winegrowers to ensure the long-term sustainability and competitiveness of the sector.
“After six years of transformation, we remain focused on the same things: profitable growth, value creation, sustainability, and enjoying building the best possible future for Raventós Codorníu.”, "That concludes the company's CEO, Sergio Fuster.".