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2.1

SPB, Mercadona cleaning supplier, posts 2% revenue growth, 25% profit jump

SPB, the parent of cleaning products maker Gramami and key supplier to Spanish retailer Mercadona, reported FY revenue of €239.8M (+2%) and net profit of €8.8M (+25%). The profit growth outpaces revenue, suggesting margin expansion, but the modest top-line increase indicates limited volume growth. This is a routine corporate earnings update with no broader market implications.

Expansiónabout 18 hours agoESCredibility 27%View source

Score Breakdown

Mosaic Score2.1
Confidence0.9
Significance0.1
Source credibility0.3
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