Bertolli maker said to expect profit recovery on olive-oil slump

Deoleo SA, the maker of Bertolli olive oil, told lenders that earnings will rebound this year, delaying the need for new capital, according to two people familiar with the matter. Earnings before interest, tax, depreciation and amortization is forecast to rise to about 60 million euros ($68 million) this year from 35.6 million euros in 2015, parent CVC Capital Partners said at a meeting on Thursday, according to the people, who asked not to be identified because the event was private.