- EBITDA stands at 63.9 million euros, up 14.9% from the previous year.
- Nauterra sold 105,857 tons of finished product, representing a 5% increase over 2023.
- 2024 was also a pivotal year for the group’s brands, with Calvo incorporating over 700,000 new households into its consumer base.
Madrid, April 8, 2025 – Nauterra, a global food company specializing in canned fish and seafood, closed the 2024 fiscal year with positive growth in its main financial indicators. The company reported a turnover of 727 million euros, 4.4% higher than the previous year, and an EBITDA of 63.9 million euros, 14.9% more than in 2023.
2024 was a very positive year for the company, with strong performance in fishing operations, factories, and commercial activities. Nauterra reached 105,857 tons of finished product sold, a 5% increase compared to 2023. Brazil remains the most important market, followed by Spain, Italy, Central America, and Argentina. As for the fleet, the group now has nine ships: six tuna fishing vessels, two support vessels, and one reefer ship, ensuring efficiency and competitiveness in its operations.
According to Mané Calvo, CEO of Nauterra: “The 2024 results reflect the effort and dedication of our entire team, as well as the strength of our sustainable growth strategy. This has allowed us to maintain our leadership as a manufacturer brand in the sector—not only in Spain but also in other markets. As such, we will continue to prioritize innovation, efficiency, and delivering the highest-quality products to consumers.”
Calvo, Spain’s leading producer of canned tuna
2024 was also a pivotal year for the group’s brands, marked by significant gains in market share and the launch of new products. Calvo’s “El atún no se elige al tun tún” (“Tuna isn’t something you choose at random”) campaign—a nod to the spirit of iconic past campaigns—was a major success, reinforcing the brand’s position as a leading manufacturer in Spain’s tuna canning sector. In terms of market share, Calvo posted growth in both value and volume, adding more than 700,000 new households to its consumer base. The brand also introduced two new products to market: Foodie Salads and Calvo +PRO, expanding its range to meet evolving consumer trends.
For its part, Gomes da Costa maintained its leadership in the Brazilian and Argentinian markets, solidifying its position as the benchmark brand for sardines and tuna. Nostromo, meanwhile, remained the second-leading brand in Italy in 2024, reaffirming its position in this strategic market.
The consolidation of Nauterra as a corporate brand
In 2024, Nauterra completed its first year as the corporate brand, replacing Grupo Calvo and consolidating its presence within the sector. The company also strengthened its executive structure with the appointment of Enrique Orge as managing director, to continue driving the company’s growth and consolidation strategy in the coming years. Orge previously held the position of managing director for the Europe Division since 2020
2024 was also marked by several key milestones for the company. Nauterra opened new offices in La Coruña, further strengthening its presence in Galicia—where the food company also has one of its factories and its registered headquarters in the town of Carballo.
Additionally, as part of its commitment to sustainability, Nauterra, in collaboration with EDP, launched its first self-consumption photovoltaic plant at its Carballo factory. This project—aligned with the company’s carbon footprint reduction and energy efficiency strategy, outlined in its ‘Responsible Engagement’ roadmap—will enable Nauterra to prevent the emission of more than 200 tons of CO₂ each year. A similar installation is planned for 2025 at the company’s facility in La Unión, El Salvador.
