In a scenario marked by persistent geopolitical instability, shipping tensions and the entry into force of new trade tariffs in the United States, our Group closed the third quarter of 2025 with earnings that consolidate the strong trend seen in the same period of last year and are significantly higher than in 2023.
The strong performance of our brands and the efficiency of our supply chain have helped offset summer seasonality and challenges arising from raw material volatility and currency fluctuations.
In the Rice Division, the quarter was very positive, driven by successful new launches and the strong performance of higher value-added categories, with notable growth in microwave and aromatic products, as well as the Tilda brand across all markets.
In the Pasta Division, despite a more complex context marked by rising raw material costs and dollar depreciation, the division continues to perform well in strategic segments. Highlights include the strong performance of gnocchi in France, the launch of fresh gnocchi in Spain under the Brillante brand, and entry into Costco USA with Garofalo, alongside double-digit growth in premium dry pasta and innovation with the new high protein “Strapasta.”
Full-year forecasts point to a record EBITDA-A between €412 and €418 million, once again a historic record result that would surpass last year’s.
