Sanpellegrino more buoyant: revenue of 1,27 billion (+6%) and profits of 177 million

Exports and the Italian market are driving Sanpellegrino’s revenues. In the first half of 2026, sales in Italian modern retail increased by 2,2% in value and 1,3% in volume.

Results achieved despite mineral water consumption reaching high levels: 260 litres per capita per year.
Overall, in 2025, revenues amounted to 1,27 billion (+6%), operating profit was 243,6 million (a margin of 19,2%) and net profit was 177 million (stable).

Sales grew mainly thanks to international brands such as S.Pellegrino and Acqua Panna in the retail channel. Exports jumped by 13,6% in volume, with 2,54 billion bottles of water and soft drinks, such as orangeade, lemonade, chinotto, aperitifs and fruit juices.
The brands in the portfolio are Sanpellegrino, Chinò, Gingerino, Sanbitter, and Pago. In the US, the Italian group’s volume growth was 10% and in Canada 8,4%.
In particular, Sanpellegrino Ciao, a drink with fewer than 10 calories and no added sugar, performed well.

Brand & channels

According to Sanpellegrino’s CEO, Swiss national Michel Beneventi (at the helm for 3 years), “despite a complex market context, characterised by inflationary pressures and high raw material and packaging costs, Sanpellegrino improved profitability through efficient cost management. It also improved the market shares of its main brands in key channels”.
The top manager complains about the 10,7% surge in PET resin costs, plastic film, caps and closures, glass bottles and pallets, equivalent to 60,5% of the cost of goods sold.

Renewed agreement

Last summer, Sanpellegrino renewed the company supplementary agreement covering 4 thousand employees. The financial component includes a bonus that, once fully implemented, will reach 3.320 euros more, with an increase of 420 euros, to which 50 euros in welfare benefits planned for January 2027 will be added. Moreover, in regulatory terms, according to the trade unions, the agreement will strengthen protections in strategic areas.
Over the past 10 years (excluding Covid), Sanpellegrino has generated 1,1 billion in profits, but recently its Swiss parent company Nestlé sold half of the entire mineral waters division to the American fund Platinum for 3 billion euros. After the deal, the new company was named Peranel and is based in Paris.

The other articles:
Nestlé separates its waters business into the multibillion-euro newco Peranel

Sanpellegrino soft drinks: “Life Drinkers”, the new tribe choosing conscious disconnection

This article was translated from the original Italian version with the assistance of artificial intelligence. In case of discrepancies, please refer to the original Italian version.