Cris-Tim delivers double-digit profit growth in first nine months of 2025: EBITDA +15% YoY to RON 143.7m, net profit +30% YoY to RON 82.6m
  • Total revenues reached RON 853.1 million (+3% YoY), driven by RON 752.5 million sales generated by the Cold Cuts segment (+5% YoY) and RON 89.1 million by the Ready Meals segment (+21% YoY)
  • EBITDA increased 15% YoY to RON 143.7 million, with the EBITDA margin rising from 15.1% to 16.8% for 9M 2025
  • Net profit rose 30% YoY to RON 82.6 million, with the net profit margin improving from 7.6% to 9.7%, a 27% improvement in the margin

Bucharest, November 28th, 2025 – Cris-Tim Family Holding S.A. (BVB: CFH), the market leader in cold cuts and ready-meals in Romania, reports revenues of RON 853.1 million for the first nine months of 2025, a 3% year-on-year (YoY) increase, supported by 5% growth in the Cold Cuts segment and a strong 21% advance in Ready Meals. Profitability improved at a faster pace than revenues, with EBITDA rising 15% to RON 143.7 million and net profit increasing 30% to RON 82.6 million.

“Our first results as a public company underline a very clear direction: the business is growing, the fundamentals are strong, and the measures we took earlier in the year are delivering visible results. These decisions, from procurement to pricing, production planning, and category strategy, are reflected both in our margins and in the resilience of our core brands. Cold Cuts continues to provide the foundation for scale, while Ready Meals is expanding faster than we anticipated, supported by strong consumer adoption. This is the trajectory we outlined in the IPO: profitable growth, disciplined execution, and investments that strengthen the business for the long-term. Our priority now is to continue implementing our growth strategy by strengthening production capacity, deepening our logistics integration, and building the next chapter of Cris-Tim’s leadership in the Romanian food market,” stated Radu Timiș Jr., Chief Executive Officer at Cris-Tim Family Holding.

The Cold Cuts segment remained the Company’s largest revenue contributor in 9M 2025, reaching RON 752.5 million. Growth was supported by stable volumes, selective price adjustments, and sustained demand for established brands. Within the portfolio, Cris-Tim brand remained stable, noting a 1% YoY increase in sales, while the Matache Măcelaru brand delivered a strong 20% YoY increase, reflecting rising demand for premium and artisanal products. Private label production advanced 8% YoY, demonstrating stable partnerships with key retailers. The Cold Cuts segment continued to generate the majority of EBITDA due to its scale and ongoing efficiency measures implementation, contributing to the nine months result with an EBITDA of RON 121.7 million, a 18% YoY increase.

Ready Meals continued to expand rapidly, generating RON 89.1 million in sales, up 21% YoY, to which Bunătăți brand contributed RON 56.6 million, a 23% YoY increase. This performance was driven almost entirely by higher volumes, supported by the broadening reach of the Bunătăți brand across both modern and traditional retail. Consumer demand for convenient, clean-label meals remained strong, and Cris-Tim benefited from improved availability and visibility within the category. From EBITDA perspective, Ready Meals contributed to the 9 months result with RON 22.2 million, a 9% YoY increase, noting a growing contribution, driven by improved product offering and growth in higher-margin branded sales.

The Company maintained a balanced revenue structure across distribution channels, with modern trade remaining the main contributor and traditional trade continuing to strengthen its role. The launch of the Grătărescu brand during the summer further enhanced the Company’s product portfolio as the brand reached a volume market share of 2.8% in the sausages segment by September 2025, demonstrating rapid consumer adoption shortly after launch. Export sales accounted for approximately 10% of total turnover, up 1% YoY.

“The results generated in the first nine months of 2025, are in line with our expectations for this year, both at the level of top and bottom line. The improvement in our gross margin reflects disciplined cost management, selective pricing actions, and a more efficient operational setup across the business. These factors helped offset the increase in personnel and utility expenses. Even with the temporary working capital impact from inventory buildup ahead of the high-consumption season, leverage remained comfortable. In this context, the capital raised through the IPO, not yet reflected in our balance sheet as of September 30th, allows us to enter the next investment cycle with both operational and financial flexibility,” added Răzvan Furtună, Chief Financial Officer at Cris-Tim Family Holding.

Throughout 2025, Cris-Tim advanced its long-term development plans. The Investalim program, one of the most significant industrial projects in the Company’s history, has moved into the implementation phase, with construction of the new storage facilities beginning in November 2025. The program is set to modernize and expand production capacity in Filipeștii de Pădure, upgrade cold storage infrastructure, and create a more integrated logistics platform across categories.

At the same time, the Company successfully completed its Initial Public Offering in October 2025 on the Bucharest Stock Exchange and debuted on the Main Market of BVB on November 26th. Through the IPO, Cris-Tim Family Holding secured additional capital to support its investment plan for the 2025–2030 period.

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For more information, please contact:

CRIS-TIM FAMILY HOLDING S.A.

Zuzanna Kurek, [email protected], +40 742 431 111

 

About Cris-Tim Family Holding

Cris-Tim is a Romanian entrepreneurial company founded in 1992, listed on the Main Market of the Bucharest Stock Exchange with stock ticker CFH, which over its 33 years of existence has grown from a start-up into the market leader in cold cuts and ready-meals in Romania, both organically and through acquisitions. The company has consistently strengthened its market shares in its target sectors as well as its profitability through substantial investments in technology and logistics, innovation, a strong focus on product quality, competitive raw material sourcing, the development of strong brands, and high levels of employee engagement and retention.

Cris-Tim is present in the retail market with its cold cuts brands “Cris-Tim,” “Matache Măcelaru’,” “Alpinia,” “Obrăjori,” and “Csárdás,” as well as with the “Bunătăți” ready-meals brand. The company is also an emerging producer in the private label segment for major international modern retail chains. Cris-Tim brands appear on the shelves of all 13 retail networks operating in Romania, as well as in more than 15,000 traditional stores. The company also operates a network of 18 company-owned stores and exports its products to 17 European countries.

Cris-Tim Family Holding is currently one of the largest companies operating in Romania’s agri-food sector, with production facilities aligned to modern technologies. The company operates three factories with a combined capacity of 215 tons/day, the main facility being the one in Filipeștii de Pădure, with a production area of 50,000 square meters and a technological capacity of 165 tons/day. Additionally, the company operates a factory in Măgureni and one in Bucharest, each with an individual production capacity of 25 tons/day.

For the 2025–2030 period, Cris-Tim is planning an investment program amounting to RON 890mn, of which RON 768mn are allocated to the Cold Cuts business segment and RON 121mn to the ready-meals segment and other investment objectives. Beyond its organic growth objectives, the company intends in the coming years to identify merger and acquisition targets to strengthen its competitive position in the cold cuts and ready-meals markets, as well as to diversify its product portfolio.