Overview
- The cava and wine group reported EBITDA of €44 million, up 13%, with net profit above €12 million after a 50% increase and higher global sales.
- Carlyle, which holds 68% of Codorníu, has hired Morgan Stanley and Banco Santander to explore buyers, and management says a deal could be wrapped up within months.
- Guidance calls for operating profit near €50 million this fiscal year and revenue growth of 3–5%.
- All ownership outcomes remain on the table, including a full or partial sale or no change, and the founding families with 32% may participate or stay.
- Executives say recent U.S. tariff measures had limited impact because roughly half of American sales come from the group’s Napa winery.