Żabka Group reported double-digit growth across key financial metrics for the first nine months of 2025, outperforming the broader convenience market and accelerating expansion in both Poland and Romania. The company said operational efficiency and disciplined cost management supported a significant improvement in profitability and further deleveraging.
Adjusted EBITDA rose 16.5% year-on-year to PLN 2.93 billion as of the end of September, driven by network growth, comparable sales (LfL) performance and cost discipline. The adjusted EBITDA margin increased by 0.3 percentage points to 12.6%. Adjusted net profit reached PLN 649 million, up 54.6% year-on-year, lifting the adjusted net margin to 2.8% from 2.1% a year earlier.
“The results achieved after three quarters of 2025 confirm that the strategy communicated during the IPO is delivering tangible effects,” said Tomasz Suchański, CEO of Żabka Group. “We are on track to exceed our updated target of more than 1,300 new openings this year and reach around 16,000 stores in Poland and Romania by the end of 2028.”
Tomasz Blicharski, Group Chief Strategy & Development Officer, said Żabka’s market share reached 10.7% at the end of September, according to Nielsen. He added that Romanian chain Froo is now among the fastest-growing convenience formats in that market, while initiatives such as SprzedawcaPRO and format optimisation continue to support LfL growth.
CFO Marta Wrochna-Łastowska said strong operating performance and lower financing costs enabled Żabka to improve profitability despite adverse weather. “We strengthened our capital structure and reduced financing costs. After nine months, our net profit margin reached 2.8%, and we are well on track toward our target of around 3% in 2025.”
Key Figures (9M 2025 vs. 9M 2024)
- Sales revenue: PLN 20.23bn (+14.1%)
- Customer-level GMV: PLN 23.27bn (+14.1%)
- Adjusted EBITDA: PLN 2.93bn (+16.5%), margin 12.6%
- Adjusted net profit: PLN 649m (+54.6%), margin 2.8%
- New stores opened: 1,127 (Poland & Romania)
- Total stores: 12,099 (incl. 122 in Romania)
- Net debt / adj. post-rent EBITDA: reduced to 1.0x
Żabka also confirmed it has raised its 2025–2028 network expansion target to over 1,300 annual openings, targeting approximately 16,000 stores by the end of 2028, up from the 14,500 previously planned at IPO.
Source: Żabka Group / CEO.com.pl
