Vicky Foods grows 9% led by bread category
New €100M industrial complex in France
Industrial consolidation and international market offensive
Vicky Foods is accelerating its transformation into a European agri-food giant, posting solid growth driven by internationalization and diversification. The recent acquisition of Panrico and the operational launch of its French plant mark a turning point in the group’s industrial and logistical capacity.
Leadership in the bread and pastry categories
Barcelona, 24/04/26
The Vicky Foods group closed the 2025 financial year with revenues of 761 million euros, a 9% increase compared to the previous year.
This growth is supported by a production volume that reached 254,631 tons, driven primarily by the bread division, which has become the core of the business model with a 9% increase in value. The flagship brand Dulcesol, celebrating its 50th anniversary in 2026, maintained growth above 7%, while the HoReCa-focused brand, Horno Hermanos Juan, saw a 6% rise. This evolution highlights the firm’s ability to capture value across both large-scale retail and the professional sector, adapting traditional products to new consumer demands for convenience and health.
International expansion and industrial muscle
Export activities have become the company’s main profitability driver, with turnover reaching 193 million euros—a 23% increase over 2024. International markets now account for 25% of total business, with Algeria and Portugal standing out as strategic hubs.
However, the industrial milestone of the year was the inauguration of the complex in Fragnes-La Loyère (France). With an investment exceeding 100 million euros, this facility is strategically located to supply high-value markets such as Germany, the Benelux countries, and Italy. This logistical proximity not only optimizes the supply chain but also allows Vicky Foods to compete in the European premium segment with a lower carbon footprint and increased product freshness.
Panrico integration and commitment to R&D
Vicky Foods’ roadmap for 2026 is further strengthened by the acquisition of Panrico, a tactical move that boosts its industrial capacity across the Iberian Peninsula and consolidates its leadership in the sliced bread and burger bun categories.
To sustain this trajectory, the company invested 77.5 million euros in process optimization and facility modernization. Innovation remains a key brand differentiator, with over 50 new products developed in the last year alone. This focus on R&D, combined with a workforce of over 4,200 employees, positions the group as a flexible operator ready to lead the consolidation of the bakery and pastry categories in Southern Europe.
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