Damm targets €4 billion in revenue by 2030 after opening its first African factory

Damm closed 2025 with €2.01 billion in revenue and said it is entering a new growth phase aimed at doubling that figure by 2030, as the Spanish brewer and beverage group expands production in the United Kingdom and opens its first manufacturing site in Africa.

At its annual general meeting in Barcelona this week, the company reported EBITDA of €320 million and net profit of €155 million. Damm said its brands are now sold in more than 130 countries, with exports of its own brands reaching 88 markets.

International operations continued to grow in 2025 and now account for 30% of Damm’s overall business, according to the company. That expansion included the launch of a new soft drinks production facility in Dakar, Senegal, and the acquisition in the U.K. of the Old Speckled Hen ale brand from Greene King.

Demetrio Carceller Arce, Damm’s executive chairman, said the company’s international strategy is focused on getting closer to the markets where it operates, increasing local production and responding faster to customer and consumer demand. He said the new African operation and the strengthening of Damm’s U.K. business support a model that is more local and more adaptable to each market.

In Bedford, Damm has invested more than €80 million, or about £70 million, in recent years in The Damm Eagle Brewery to raise production capacity, add manufacturing lines and expand its capabilities in alcohol-free drinks and soft drinks. In Senegal, the Dakar facility will supply customers in that country as well as neighboring West African markets, while supporting further regional growth, the company said.

Damm also broadened its portfolio in Spain last year by adding Nestea under an agreement with Nestlé. The deal gives Damm the right to manufacture, market and distribute the iced tea brand in Spain, Andorra, Gibraltar and Portugal. The company said the agreement has strengthened its position in non-carbonated soft drinks. It has already extended the range with products including Nestea Red Fruits & Açaí and Sugar-Free Passion Fruit Green Tea.

As it marks its 150th anniversary, Damm said its plans through 2030 include strengthening its brands, expanding into new food and beverage opportunities and increasing its international presence.

Luke White, managing director of Damm UK, said the group is also positioning itself for changing drinking habits. He said that with consumers around the world drinking less alcohol, Damm’s portfolio of no- and low-alcohol beers as well as soft drinks leaves it well placed to grow in that segment.

White said Estrella Damm has a strong presence across most of the countries where Damm operates, as the world lager category continues to expand globally. He added that Damm Lemon is becoming more widely available internationally as fruit beer gains traction.

In the U.K., White said Estrella Damm ranked No.10 among world lager brands by sales value in the off-trade so far in 2026. He also said it posted stronger year-on-year volume growth than most of the top 10 brands. In the on-trade, he said Estrella Damm was among the fastest-growing lager brands, with sales volume up 30% and sales value up 39%.

The company’s push to add capacity and widen its reach could matter beyond its own balance sheet. A larger international footprint for Estrella Damm and other brands may affect distribution planning and competition across Europe, especially in world lager and no- and low-alcohol categories where brewers are trying to match shifting demand.