Verdifresh reports 23% profit increase amid Mercadona supply growth

Verdifresh, a Valencian supplier for the supermarket chain Mercadona, reported a significant increase in its annual financial results. The company, which is part of the Foodiverse Group and specializes in prepared salads and ready-to-eat vegetables, saw its revenue grow by 19% to reach 163.7 million euros.

Net profit for the period rose by approximately 23%, totaling 11.48 million euros. This growth allowed the company to triple its dividend distribution compared to the previous year, reaching 18.89 million euros. Despite facing challenges at its Riba-roja del Turia plant due to the Dana weather event in 2024, the firm executed an 8.9 million euro investment plan to replace assets and improve efficiency.

The company's performance highlights the growth in the fourth and fifth-range food sectors, specifically in private label and ready-to-consume products, outperforming the general sector growth rate of 10%.