Alicorp has released its financial results for the third quarter of 2025, reporting an adjusted gross profit of S/798 million, which is a 6% increase compared to the same period in 2024. The company attributed this growth mainly to strong performances in its B2B (Alicorp Soluciones) and Aquaculture (Vitapro) divisions.
The company’s consolidated sales for the quarter reached S/3,123 million, representing a 14% rise from the third quarter of 2024. Adjusted EBITDA stood at S/467 million, marking an 8% increase year-over-year. Alicorp stated that these improvements were driven by Vitapro’s positive results and gains in Alicorp Soluciones following the acquisition of Refinería del Espino.
In the Mass Consumption Peru segment, adjusted gross profit was S/395 million, up 2% from last year. The company highlighted contributions from Refinería del Espino and growth in key categories such as detergents and sauces. Brands like AlaCena and Don Vittorio showed notable expansion. However, adjusted EBITDA for this segment dropped by 6%, which Alicorp linked to increased investments in communication initiatives and market reach strategies.
For its International Business unit, adjusted gross profit was S/53 million—a decrease of 47% compared to the previous year’s third quarter. Alicorp cited challenging macroeconomic conditions in Bolivia, including high inflation and volatile exchange rates, as key factors behind this decline. The company noted it has taken steps to mitigate these impacts. Meanwhile, gross profit per ton rose by 3% in Ecuador and by 11% in other geographies. Adjusted EBITDA for international operations was S/10 million.
The B2B business (Alicorp Soluciones) posted an adjusted gross profit of S/188 million, a 24% increase over last year due largely to the addition of Refinería del Espino. Adjusted EBITDA for this division was S/124 million—26% higher than the previous year—as Alicorp continued portfolio initiatives aimed at developing targeted segments.
Vitapro, which produces balanced feed for aquaculture, recorded an adjusted gross profit of S/162 million—a rise of 45%. Its adjusted EBITDA reached S/127 million, up by 64%. According to Alicorp, “These figures express the stability of the shrimp and fish markets. In this context, the business continues advancing in generating shared value with its clients both in Ecuador and Chile.”
Alicorp describes itself as Peru’s largest mass consumption company with operations across seven countries and exports reaching more than twenty countries through over 150 brands. The firm specializes in three main business lines: mass consumption (including food products as well as personal and home care), B2B solutions (such as industrial flours and fats), and aquaculture feed production.
