Hijos de Rivera aims to double its size by 2030

Hijos de Rivera, owner of Estrella Galicia, recorded revenue of 945 million euros in 2025. The company plans to grow through exports and new products despite market challenges.

The Galician group posted revenue of 945 million euros last year, up 6.7 percent from 2024. It distributed 569 million liters of beer and 253 million liters of water and juices, achieving a net profit of 110 million euros.

Executive president Ignacio Rivera announced a strategic plan through 2027 and a second phase to 2030 aimed at doubling current size. This would add nearly 900 million euros in revenue and match Mahou’s sales level.

The company opened a new factory in Morás last summer with capacity for 900 million liters annually, though it began with 100 million liters. Rivera cautioned that 2026 will not outperform 2025 due to startup costs and market conditions.

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Illustration of Ecopetrol's Q1 2026 profits with oil facilities, charts, and Colombian elements for a news article.
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Ecopetrol reports $2.8 trillion profit in first quarter

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Colombian state oil company Ecopetrol announced profits of $2.8 trillion and revenues of $28.6 trillion for the first quarter of 2026. Earnings fell 7.7% from the same period in 2025. The Ebitda margin reached 47%.

Viña Santa Rita's board president, Baltazar Sánchez, presented the 2025 annual report, noting economic results well below expectations amid a global wine consumption drop and local issues. Sales fell 1.6% and the company recorded $5.871 million in losses.

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Puig, the Spanish beauty conglomerate, announced a 4.7% like-for-like revenue increase to €1.2 billion in the first quarter of 2026. The company outperformed the premium beauty market amid challenges in key regions. CEO Jose Manuel Albesa highlighted strong growth in makeup and skincare.

Celsia reported revenues of 1.27 trillion pesos in the first quarter of 2026, a 12.4% drop from the prior year. Net income fell 46% to 58.393 billion pesos.

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Banco GNB Sudameris reported a net profit of $1.8 trillion at the end of 2025, a 570.84% increase from 2024. This placed it as Colombia's second most profitable bank, behind only Bancolombia.

Ermenegildo Zegna Group reported a 2.5% year-on-year revenue increase to €458.8 million in the first quarter of fiscal 2026, surpassing analyst expectations. The growth was driven by strong direct-to-consumer sales across its brands. Shares in the company rose 5% following the announcement.

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Grupo Nutresa has surpassed 135 trillion pesos in market capitalization, displacing Ecopetrol as Colombia's most valuable listed company. The milestone came a day after reporting first-quarter results. Nutresa shares reached 304,000 pesos, up 1,034% since the first takeover bid in 2021.

 

 

 

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