Leonidas experienced a record year. In terms of turnover, at least, because the exponential increase in the price of cocoa, coupled with a move from Brussels to Nivelles, has impacted profits. Nevertheless, the Belgian chocolatier is investing heavily in international expansion.
Exports and travel retail drive growth
Leonidas closed the 2024-2025 financial year with an 8% increase in turnover, making it the fourth record year in a row and bringing the total to €131 million. However, EBITDA fell by 6% to €20 million – still the second highest figure this century. The chocolatier is now active in 40 countries and has 1,200 stores, most of which are franchises.
