LUSA 11/28/2025

Lusa - Business News - Portugal: Ibersol profits jump 29% to €11.7ME in first nine months

Lisbon, Nov. 27, 2025 (Lusa) - Ibersol posted a profit of €11.7 million through September, an increase of almost 29% over the same period last year, it was announced today.

"Net income from continuing operations reached €11.7 million, representing an increase of €2.6 million," according to the statement sent to the Portuguese Securities Market Commission (CMVM).

Between January and September, the group's turnover reached €394.8 million, up 14% year-on-year.

In turn, earnings before interest, taxes, depreciation and amortisation (EBITDA) were €99.7 million, exceeding the 2024 figure by €30 million.

In the period under review, financial expenses and losses amounted to €11.3 million, an increase of €3.1 million compared to the first nine months of last year.

As detailed, most of this amount corresponds to interest on leases, amounting to €11.8 million, up from €10.6 million in 2024.

Financial income and gains fell by €2.2 million, "due to the downward trend in interest rates on financial investments".

Ibersol's investment (capex) amounted to €23.5 million.

Of this amount, €12.6 million corresponds to new restaurants opened, €5.3 million to refurbishments (29 units in Portugal, Spain and Angola), and €5.6 million to ongoing investments.

Net debt was €159 million, down €17.2 million from the figure announced at the end of 2024.

Ibersol owns brands such as KFC, Pizza Hut, Pans & Company, Taco Bell and Miit.

In today's stock market session, Ibersol shares fell 0.98% to €10.15.

PE/ADB // ADB.

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