Dydo Group sales rise, faces profit headwinds

Dydo Group Holdingsinc (TSE:2590) announced a 11.2% increase in consolidated net sales, reaching ¥237.19 billion for the fiscal year ending January 20, 2025. This growth was primarily driven by a strong performance in the overseas beverage segment, particularly in Turkey and from the inclusion of Wosana S.A., a Polish beverage company acquired in February 2024. Despite the sales increase, operating profit increased by 28.3% year over year.