- The company celebrated its 85th anniversary by consolidating its business model and growth, with revenue of 765 million euros and EBITDA of 80 million euros, a 25% increase compared to 2024
- The Group sold 115,882 tons of canned fish, seafood and olive oil, a 9.4% increase over the previous year, the highest figure in its history.
- In 2025, Nauterra increased its workforce by more than 5%.
Madrid, May 11, 2025 – Nauterra, a global food company specializing in canned fish and seafood, closed the 2025 fiscal year with record-high revenue, EBITDA, and sales volume. Specifically, the company’s revenue reached 765 million euros, up 5.2% from 2024, while EBITDA stood at 80 million euros, representing a 25% increase over the previous year.
During the past business year, Nauterra achieved outstanding performance across all its business areas, driven by the strength of its brands, its geographic diversification, and the optimization of its industrial and fishing operations. In terms of volume, the Group sold 115,882 tons of canned fish, seafood and olive oil, a 9.4% increase over the previous year, marking the highest figure in its history. Brazil remains the most important market in terms of volume, followed by Spain, Italy, Central America, Argentina, and international markets.
As for Nauterra’s fleet, the ship Montelape was transferred from the Atlantic to the Pacific, and the company divested from its cargo transport operations, thereby optimizing its maritime structure. Consequently, the company’s fleet now consists of 8 vessels: 3 tuna vessels operating in the Pacific, as well as another 3 tuna vessels and 2 support vessels operating in the Atlantic.
According to Mané Calvo, CEO of Nauterra: “2025 has been an extraordinary year that has consolidated our business model and our growth. Celebrating 85 years with record results in revenue, EBITDA, and volume is the best recognition of our teams’ efforts and the trust of millions of consumers. The optimization of our fleet, our operational discipline, and the strength of our brands enable us to continue growing profitably and sustainably in our key markets”.
85 Years of Leadership
Marking its 85th anniversary, Nauterra has strengthened in 2025 the leadership of its main brands in the markets where it operates, consolidating its position internationally.
In Spain, Calvo has established itself as the leading manufacturer brand for canned tuna and mussels and is also the sixth-fastest-growing food brand in terms of market penetration, reaching 380,000 new households in 2025. It also maintains its leadership in Central America, where it remains the consumers’ preferred choice.
Meanwhile, in Brazil, Gomes da Costa is expanding its leadership in the tuna and sardine categories, remaining the preferred brand among Brazilian consumers. In Italy, Nostromo is strengthening its position as the second-largest brand in the market, consolidating its sustained growth in one of Europe’s most competitive countries.
Organizational drive, talent, and recognition
2025 has also been a significant year from a corporate and organizational perspective. Last July, Nauterra announced the appointment of Diego Otero as its new Chief Financial Officer, with the aim of strengthening its organizational structure to address current market challenges and continue with its long-term expansion plan.
Nauterra also increased its workforce by more than 5% in 2025, reaching 5,454 employees at the end of the fiscal year, reflecting the Group’s sustained growth.
Furthermore, throughout the year, the company and its brands received major awards and recognitions that highlight their commitment to innovation, sustainability, and effective communication. Among them, Calvo Natural Tuna + PRO was selected as one of the “100 Best Ideas of the Year” by Actualidad Económica in the Food and Beverage category. In addition, Nauterra received the 2025 Galicia Food Industry Award for Sustainable Initiative, granted by the Galician Food Cluster (Clusaga), for its “Nauterra Zero Waste” project, focused on promoting a circular economy model and the full recovery and valorization of waste. Furthermore, the Easy Flip packaging was ranked as one of the ten most successful innovations in the food sector according to a study conducted by Worldpanel by Numerator.
In terms of marketing and communication, the company received the National Marketing Award in the Advertising and Communication category, granted by the Spanish Marketing Association, for its campaign “Don’t choose tuna at random, choose Calvo instead,” which was recognized for its honest, distinctive, and consumer-focused approach. The same campaign was also highlighted at the Best!N Food 2025 Awards, where it won one of the five Grand Prizes, as well as Gold in the Shopper Marketing category and Bronze in Integrated Strategy, reinforcing its impact both at the point of sale and in brand building.
