2025 was a strong year for CO-RO. Against a backdrop of continued geopolitical uncertainty and market volatility, we delivered our third consecutive year of solid earnings growth, the highest revenue in our history, achieved record high employee engagement and strengthened our brands through exciting innovations and executions across markets.

Our performance
Building on strong market momentum throughout the year, Group revenue reached 1,971 mDKK, representing a 3.1% increase over last year in comparable currencies. Performance across several key markets was very encouraging, especially Malaysia, Germany, Saudi Arabia, Egypt, and Kenya stood out as top contributors, whereas we saw macro driven challenges in key markets like Yemen and Portugal.

2025 also demonstrated our strong operational excellence, with gross profit increasing by almost 2%-points due to disciplined execution of our efficiency agenda.

We delivered a solid earnings performance as EBIT increased by 55% vs. last year to 88.9 mDKK, reflecting the dedication and capabilities of our people, the strength of our partnerships and the power of our brands across markets.

Our brands
We saw growing brand momentum throughout 2025, driven by new campaigns and strong innovation performance.

Sunquick maintained high brand equity in key markets, supported by successful festive seasons in both MEA and APAC during Ramadan and Chinese New Year, and we unlocked new growth opportunities for Sunquick within foodservice in China.

Suntop strengthened its positioning in the MEA region through impactful promotions and new flavour launches, such as Suntop ‘dragon flavours’ in Egypt, while Suncola reached a significant milestone with the launch of Suncola CSD in Saudi Arabia.

Sun Lolly was the standout performer in 2025 growing both top and bottom line by double digits. Growth was driven by strong brand equity, successful Limited Edition launches and expansion of category market leadership in Germany.

For more information, view the full Annual Report.