Zamora Company, Spanish premium beverage group with 80 years of history and a commercial presence in 80 Countries, closed 2025 with improved profitability results, despite a complex international environment for the wine & spirits sector. The company, owner of brands such as Licor 43, Ramón Bilbao and Martin Miller's Gin, recorded a net profit of 20,7 million euro, up by 6,1 % compared to the previous year, and a EBITDA of 46,9 million euros.
The consolidated financial statements, approved by the shareholders' meeting, also show a significant strengthening of the financial structure. Debt has been reduced by 22,1 %, going down to 17,9 million euro thanks to operational efficiency measures, financial discipline and rigorous management, in a context characterised by evolving consumer habits.
Over the last five years, the group's net profit has increased by 25,4 %, passing by 16,5 million euros in 2021 to the current ones 20,7 millionNet turnover, on the other hand, stood at 255 million euro, in decline of 2% compared to 2024, reflecting the difficulties affecting the entire wine and spirits sector.
According to CEO Javier Pijoan, the improved results confirm the company's ability to adapt to an ever-changing market. The group has continued its drive for efficiency and greater organizational agility, consolidating a global operating model capable of seizing new opportunities in an increasingly competitive sector.
On the industrial level, 2025 was characterised by the strengthening of the wine portfolio with the acquisition of Bodegas Godeval, an operation financed entirely with own resources. The entry of the Galician winery consolidates the group's presence in Galicia and strengthens its position in the premium segment of Godello-based white wines.
At the same time, Zamora Company has expanded its distribution business by becoming the exclusive distributor of Tito's Vodka in Spain, Andorra, and Gibraltar. The agreement strengthens the premium portfolio and the group's role as a strategic partner for brand development in the Iberian market.
Over the last two financial years, the company has also consolidated its presence in the fastest growing spirits categories thanks to the distribution of Ron Abuelo, Buen Amigo Tequila and sparkling wines Bottega Gold e Shop 0.0, products that respond to the growing sophistication of consumption and the demand for premium experiences in both the HoReCa and retail channels.
International activity continues to be the main driver of the business, with the 54,4 % of the turnover generated abroad against the 45,6 % of the domestic market. After Spain, the main markets for the group are United States, Germany, Netherlands, Mexico and Brazil.
In terms of sales composition, the spirits portfolio represented the 61 % of the total, while wines accounted for the remainder 39 %. Among the brands, 43 liquor confirms itself as the main contributor to revenues with the 42,5 % of turnover, followed by Ramón Bilbao (29,6%), Mar de Frades (6,9%), Villa Mass (5,5%) and Martin Miller's Gin (4,3%).
President José María de Santiago emphasized that the sector is undergoing a profound transformation, influenced by the global slowdown in consumption, changing consumer habits, geopolitical uncertainty, rising production and logistics costs, and the effects of climate change on harvests. In this context, he reiterated the need to maintain a long-term vision and responsible management to transform market challenges into growth opportunities.
