Alicorp S.A.A. (ALICORC1) Earnings Call Transcripts

Alicorp S.A.A.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Alicorp S.A.A. reported a revenue increase of 28.1% year-over-year, driven by strong performance in its Consumer Goods Peru segment and the consolidation of recent acquisitions. Adjusted EBITDA rose by 5.5% to PEN 459 million, reflecting solid operational execution despite macroeconomic challenges. Management reaffirmed its guidance for low mid-single-digit growth in both revenue and adjusted EBITDA for the fiscal year, indicating confidence in their strategic initiatives and market positioning.

Reported metrics

Guidance from management

Management reaffirmed expectations for low mid-single-digit growth in both revenue and adjusted EBITDA for 2026, while also highlighting potential temporary increases in leverage due to ongoing M&A activities.

What management said

Thank you, Hector, for the question. Gonzalo Uribe taking this one. Yes, definitely, we have done and reinforcing my previous comment is we have a very clear playground where to expand in terms of the existing categories and also new categories in our strategic plan. And Mexico and Brazil is not in our agenda for now. So, definitely, we are focusing on the perimeter that we want to play and we want to deliver. We did...

Thank you, Gerard, for the question. I think the second one or the third one regarding B2B and Pam has already been responded by Mr. Luis Estrada. In case you want to follow up, let us know here during the call. So I will refer to Luis Banchero to talk a little bit about our margins in Ecuador and also how we are seeing our business in Bolivia going forward.

What analysts pressed on

Analysts expressed concerns regarding the normalization of palm fruit availability impacting the B2B segment and the macroeconomic pressures in Bolivia. They sought clarity on the expected timeline for recovery in these areas and potential impacts on margins moving forward.

Main topics on the call

• Strong Revenue Growth — Alicorp achieved a revenue increase of 28.1% year-over-year, supported by disciplined commercial execution and broad-based price adjustments due to inflationary pressures. CEO Gonzalo Uribe noted, "The first quarter of t...
• Successful M&A Activity — The company successfully closed the acquisition of a 60% stake in Inka Crops, contributing PEN 6 million to adjusted gross profit in March. This acquisition marks Alicorp's entry into the salty snacks category, which is ...
• Margin Expansion in Consumer Goods — Adjusted EBITDA margin for Consumer Goods Peru improved to 23.1%, up 2.2 percentage points year-over-year, driven by strong market share growth in key categories. Management stated, "Our strategy focused on deep understa...
• Challenges in B2B Segment — The B2B segment faced challenges due to reduced availability of palm fresh fruit bunches, impacting production and margins. However, management indicated that strategic priorities are driving growth in other categories, ...

Read the full Alicorp S.A.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 Alicorp S.A.A. earnings call transcripts on record, spanning February 21, 2020 to July 24, 2026. Based on this history, Alicorp S.A.A. reports quarterly. The most recent call on file is dated July 24, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ALICORC1

Exchange

BVL

Country

PE

Sector

Consumer Staples

Industry

Food Products

Calls on record

27

First call

February 21, 2020

Most recent

July 24, 2026

Reporting cadence

quarterly