The fishing fleet of the Nueva Pescanova Group in Namibia, the first to obtain the FISH Standard for Crew international certification of labour compliance
20 July, 2022

Nueva Pescanova Group achieves a 73% rise in EBITDA for the first half of the year

  • EBITDA rises to €27 million and sales increase by 7.9% to €490.9 million

  • Profitability improves, with losses down 65% thanks to operational efficiency measures and a renewed commercial strategy

  • The company maintains its EBITDA growth forecasts to the end of the year, thus continuing on track for a positive net result

Vigo, 23 July 2025 – The Nueva Pescanova Group’s results for the first half of the year confirm that the recovery is consolidating. EBITDA for the financial period increased by 73% to €27 million, compared to €15.6 million in the same half of the previous year. Losses were reduced by 65%.

Similarly, the positive sales trend continues with revenues rising by 7.9% from January to June, reaching €490.9 million.

The improvement in results is primarily driven by operational efficiency measures focused on enhancing the profitability of all activities and controlling costs, along with the renewal of the commercial strategy to prioritise higher-value operations. These initiatives, made possible by the commitment and efforts of the entire organisation, have been key to this positive development.

The half-year results confirm the company’s forecasts, meaning that the Group remains on track to achieve a positive net result.

Overall, the company continues to meet its targets and advance in its recovery, maintaining its strategy to strengthen its financial position and consolidate improvements in the coming months.