Hijos de Rivera reports a turnover of 945 million and accelerates its international expansion with the Morás factory as a strategic hub

Business Results 2025

The Galician company presents its 2025 results, showing 6,7% growth to €945 million. Its president, Ignacio Rivera, highlights the new factory in Morás, the diversification of its portfolio, and expansion into 82 markets as key elements of its growth strategy with a positive impact.

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Growth driven by differentiation and internationalization

Sons of Rivera Corporation has announced its results for the 2025 financial year, reaching a turnover of 945 million euros, which represents a 6,7% growth compared to the previous year. This progress is based on a strategy focused on differentiation, internationalization, and diversification of its product portfolio, as explained by its CEO. Ignacio Rivera, at a meeting held at the company's new facilities in Morás (Arteixo).

During 2025, the company marketed 569 million liters of beer, 4,4% more than in 2024, and 253 million liters of water, which represents an increase of 6,45%. The flagship brand, Estrella Galicia, continues to lead the offering, complemented by the range 1906, recognized in the World Beer Awardsand new proposals such as Rivera ReposadaIn the water segment, brands such as Cabreiroá, Agua de Cuevas, Fontarel y AUARA They have consolidated the group's positioning beyond the brewing sector.

Ignacio Rivera noted that "2025 has been a year in which we have continued to consolidate our growth based on four main focuses: differentiation in the way we do things; a gradual and meaningful internationalization; the diversification of our portfolio to make it more complete and unique; and positive impact.".

Key Financial and Operational Indicators 2025

Indicator	2024	2025	Variation
Invoicing	886 M€	945 M€	+ 6,7 %
Liters of Beer	544 ML	569 ML	+ 4,4 %
Liters of Water	237 ML	253 ML	+ 6,4 %
EBIT	211 M€	240 M€	+ 13,7 %
EBIT (Profit Before Tax)	128 M€	145 M€	+ 13,6 %

The Morás factory as a pillar of global expansion

Long-term investment is a strategic pillar for the corporation. In 2025, it allocated 170 million euros for industrial, logistical and operational improvementsThe commissioning of the new factory of MorásThe plant, inaugurated in June 2025, has been a key milestone, with a total investment of 280 million euros in its initial phase since 2022. These facilities significantly strengthen the group's production capacity, preparing it for deployment in both the national and international markets.

"Morás perfectly represents the commitment to our origin from which we want to grow“The corporation’s CEO noted. Additionally, the company completed construction of its new global corporate headquarters in A Coruña, in front of the historic factory Agrela, whose inauguration is imminent.

Internationalization and inorganic growth: a dual strategy

International business remains one of the main drivers of growth. Corporación Hijos de Rivera It is already present in more than 80 countries and has strengthened its structure with the opening of its eleventh subsidiary in Italia, which began operating in 2025. This expansion seeks to consolidate its presence in markets with a strong beer culture.

In the area of ​​inorganic growth, the company has added two strategic companies to its portfolio:

• Basqueland Brewery CompanyA benchmark in the beer segment craft, awarded Best Brewery of the Year in the Barcelona Beer Challenge.
• Destilerías VánagandrProducer of a gin awarded as the best in the world in 2024 in the International Spirits Challenge.

Commitment to positive impact and the human factor

The positive impact strategy, which cuts across the entire organization, is translated into concrete data. 100% of the electricity consumed is from renewable sources (Scope 2), and 63% of thermal energy comes from biogas and biomass (Scope 1). Furthermore, 88% of purchases are made from local suppliers in the Península Ibérica.

This growth has also been reflected in the workforce, which reached 2.168 people by the end of 2025, 6,1% more than the previous year. The commitment to stable employment is clear, with a 94,5% of permanent contractsa philosophy recognized by certifications such as Top Employers, Great Place to Work y BCorp that holds the top spot. "Because we care about growing, but we care even more about growing well."He concluded." Ignacio Rivera.

Key points and frequently asked questions about the Hijos de Rivera strategy

To a Spanish executive: How does the new Morás factory affect the company's export capacity?

the factory Morás It is a strategic asset that increases the group's total production capacity to 620 million liters of beer. This not only ensures supply for the domestic market, but also provides the company with the scale and logistical strength necessary to accelerate its international expansion plan and compete in more demanding foreign markets.

To an industry professional: What does the 'inorganic growth' strategy mean with the purchase of Basqueland and Vánagandr?

The acquisition of these companies allows Hijos de Rivera diversify its portfolio by entering high value-added niches such as beer craft and the distilled spirits premiumIt is a strategy to capture new consumer trends and expand its offering beyond its main brands, strengthening its positioning as a comprehensive player in the beverage sector.

To an ESG manager: What implications does BCorp certification have for Hijos de Rivera's supply chain?

The certification BCorp It validates compliance with high standards of social and environmental impact. For the supply chain, it implies a rigorous commitment to responsible practices, such as prioritizing local suppliers (88% of its purchases), using renewable energy, and promoting the circular economy, as demonstrated by its more than 800 "Circular Breweries" in España.