Alicorp reports first quarter 2026 financial results

• In the first quarter of 2026, Alicorp recorded consolidated sales of S/ 2.93 billion, a 3% increase compared to the same period in 2025.

• In terms of adjusted gross profit, the company reached S/ 791 million (+5% vs. Q1 2025), reflecting greater operational efficiency and solid performance across its main business units.

Lima, April 29, 2026.— Alicorp presented its financial results for the first quarter of 2026 to the Superintendency of the Securities Market (SMV). The period’s performance reflects the execution of its strategy to generate greater value in its businesses and strengthen its core brands. This quarter's results include the incorporation of Inka Crops (integrated since March) and the consolidation effect of Jabonería Wilson in Ecuador, which expand the portfolio and provide new growth opportunities.

In line with this progress, consolidated sales for the quarter rose to S/ 2.93 billion, 3% higher than the same period in 2025. Adjusted gross profit reached S/ 791 million, 5% above the same period in 2025. Consequently, adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) reached S/ 459 million, 6% more than in the first quarter of 2025. This growth is primarily attributed to higher sales volumes recorded across all business units, as well as the consolidation of recent acquisitions, such as Inka Crops and Jabonería Wilson, which strengthen the portfolio and expand the offering in key markets.

Business Unit Results

In Consumer Goods Peru, adjusted gross profit reached S/ 415 million, a 16% increase compared to the first quarter of 2025. The business’s adjusted EBITDA reached S/ 241 million for the quarter, representing 22% growth over the same period the previous year. The result was supported by various brand initiatives and commercial execution focused on key categories such as detergents, laundry soap, oils, and cereals.

Within the Food platform, the sauces category stood out with an outstanding performance from the mayonnaise line. Meanwhile, in the Home Care platform, the detergent category stood out, achieving its highest market share in the last 18 months.

Alicorp Solutions (B2B business) reached an adjusted gross profit of S/ 165 million, 1% lower than in the same period of 2025. It recorded an adjusted EBITDA of S/ 103 million, 4% above the same quarter of the previous year, supported by strategic initiatives aimed at generating greater value for clients in a dynamic, competitive environment.

In this regard, bakery-related lines maintained a positive performance and continued to strengthen their value proposition. In terms of volume, margarine, shortening, and pastry flour showed growth of 15%, 15%, and 21%, respectively.

Additionally, volumes increased as a result of the focus on the business’s strategic priorities, aimed at providing a greater value proposition for clients to drive their professionalization and development. These results were offset by lower palm fruit availability during the period.

The International Consumer Goods business recorded an adjusted gross profit of S/ 67 million in the first quarter, representing 34% growth compared to the same period in 2025. Furthermore, its adjusted EBITDA was S/ 14 million, 3.9 times the figure reached in the first quarter of 2025. This result primarily reflects the contribution of Jabonería Wilson in Ecuador, where categories such as detergents and dishwashers recorded solid volume growth, evidencing the successful integration of the business and the expansion of its presence in the home care platform.

In Bolivia, despite a challenging macroeconomic environment characterized by market distortions and an increase in informal trade—particularly in domestic oils—sales volumes decreased by 15% year-on-year. Even so, the company maintained its leadership in other key categories such as detergents, shortenings, and margarines, demonstrating the business’s resilience.

In Vitapro (Aquaculture), adjusted gross profit amounted to S/ 144 million, representing an 18% decrease compared to the first quarter of 2025. Adjusted EBITDA showed a 20% decline compared to the same period, primarily due to the normalization of margins following an exceptional start to the year in 2025.

It is worth noting that sales volumes grew 8% year-on-year in the first quarter, reflecting Alicorp’s strong performance in response to solid demand in its key markets through sales to strategic clients and continued execution of its commercial strategy. Likewise, the business remains resilient despite the uncertainty associated with higher input costs resulting from global weather conditions and increased commercial disruptions.

For Alicorp, these results reflect a long-term vision oriented toward consolidating sustainable growth, strengthening the company’s competitive position, and identifying new value opportunities in its main markets through increased strategic investments in commercial capabilities and brand strengthening.