Flexible foam solutions provider The Vita Group has reported a decline in sales as well as a loss.
According to its latest filed unaudited accounts for the year ended 31 December 2025, total sales fell 5.7% to €602.4 from €638.3 in 2024.
UK sales were down to €152.8m (£132.6m) from €159.8m (£138.6m), while EU sales decreased to €433.3m from €458m. Rest of the world revenues fell to €16.3m from €20.5m.
Pre-tax losses resulted at €42.7m, narrowing from a loss of €44m recorded the previous year.
Stated within its report, the group said: “After a challenging period across 2022–2024, the Group continued to experience weak trading conditions across most of its key markets during 2025. Ongoing cost-of-living pressures, elevated inflation and persistently high interest rates constrained consumer spending, particularly on larger discretionary household items such as mattresses and furniture to which the Group has material exposure.
“While the adverse impact of high interest rates has begun to ease gradually, the recovery in underlying consumer demand has been slower than anticipated by earlier economic forecasts.
“The shift in consumer spending away from the home and towards travel and hospitality, which commenced in 2022, continued throughout 2025 and has remained a key factor shaping market dynamics.
“In contrast, the aviation sector continued to perform more positively, with the Group achieving further sales growth in this area during the year, albeit from a relatively small base and representing only a limited proportion of overall Group revenue.
“Against this backdrop, Group sales for 2025 decreased by 5.7% compared with 2024, reflecting a combination of pricing and volume effects. PU Block volumes declined by 1.5% year-on-year as a direct consequence of subdued market demand.
“Bulk chemical prices, which represent the principal raw materials used in the production of flexible polyurethane foam, continued to soften during 2025. The Group adjusted selling prices accordingly, while maintaining average margin levels on a year-on-year basis.
“The Group responded proactively to the challenging trading environment by implementing rapid and effective cost control measures. Management actions included flexing the cost base and reducing the site footprint where appropriate, partially mitigating the impact of lower volumes on performance.
“These actions position the Group to benefit from improved cost efficiency as market conditions recover.”
