Grupo Nutresa (NUTRESA) Q3 2025 earnings summary

Executive summary

• Consolidated sales for the first nine months of 2025 reached COP 15.315 trillion, up 13.3% year-over-year, with record-high profitability and EBITDA margin reaching 16.0%.

• Net profit attributable to controlling interest rose 66.9% to COP 963,668 million, reflecting robust operational execution and margin expansion.

• EBITDA increased 29.8% to COP 2.32 trillion, with a margin of 15.2%–17.0% depending on adjustments for non-recurring expenses.

• Social investment of COP 20 billion year-to-date benefited over 46,000 people, with COP 15 billion invested in cocoa and coffee farming, supporting nearly 14,700 families.

• Major acquisitions included control of Alimentos Yupi S.A. in Ecuador and increased stakes in other subsidiaries.

Financial highlights

• 3Q 2025 sales reached COP 5.277 trillion, up 11.1% year-over-year; USD sales grew 13.5% to USD 1.317 billion.

• Accumulated sales for 2025 totaled COP 15.315 trillion, up 13.3% year-over-year; USD 3.712 billion, up 9.3%.

• Gross profit for the nine months was COP 5.95 trillion, up 10.6% year-over-year, with a gross margin of 38.8%.

• Operating profit increased to COP 1.96 trillion, up 40.2% year-over-year; adjusted operating profit rose 47.7% to COP 2.06 trillion.

• Net profit for 3Q 2025 was COP 296.4 billion, up 40.1% year-over-year.

Outlook and guidance

• End-of-year guidance reaffirmed, projecting double-digit top-line growth and continued EBITDA margin expansion for 4Q25.

• Focus remains on innovation, operational excellence, and portfolio affordability to achieve year-end goals.

• Management reversed the 2024 decision to amortize certain brands, now classifying them as indefinite-lived, reflecting expectations of sustained long-term cash flows.