Ebro obtained a net profit of €105.6 million in the first nine months of 2014, up 6.1% year on year, while net profit on continuing operations rose 9.2% to €109.6 million. Net turnover totalled €1,520.6 million, up 4.4% on the same period of last year. The group EBITDA rose to €197.2 million, 2% more than… Read more
Net profit rises to 72.5 million
Ebro posted a net profit of €72.5 million in the first half of 2014, up 2.1% year on year, while the net profit from continuing operations rose 5.8% to €75.5 million. Net turnover rose to €986,568 million, a year-on-year growth of 1.3%. The EBITDA stood at €131 million, similar to that recorded in the first… Read more
Ebro buys 52% of Italian company Pastificio Lucio Garofalo, S.p.A
Ebro Foods has today completed the purchase of a majority shareholding (52%) in the Italian company Pastificio Lucio Garofalo, S.p.A. for a sum amounting to € 62.5 million. This Italian company owns the brands Garofalo, Santa Lucia and Russo de Cicciano, inter alia, with a major position in the dry pasta premium segment in Italy… Read more
Ebro buys 52% of italian company Pastificio Lucio Garofalo, S.p.A.
Madrid, 4 June 2014. Ebro Foods has reached a binding agreement for the purchase of a majority shareholding (52%) in the Italian company Pastificio Lucio Garofalo, S.p.A. for a sum amounting to € 62.5 million. This Italian company owns the brands Garofalo, Santa Lucia and Russo de Cicciano, inter alia, with a major position in… Read more
Net profit up 18% to 38.8 million
Ebro posted a net profit of €38.8 million for the first quarter of 2014, representing a year-on-year growth of 18%. Its net turnover rose 2.6% year on year to €500 million. The company’s EBITDA (gross operating profit) grew to €68.3 million, 7.5% up on the first quarter of 2013, and its EBIT rose 7.8% year… Read more
Net turnover of 1,957 million
Ebro posted a net turnover of €1,957 million in 2013, just 1.2% less than in 2012, as a result of lower procurement costs and the sale of the Nomen brand. With the exclusion of Nomen, the exchange rate effect and an 8.5% increase in investment in advertising, which totalled €72 million in 2013, EBITDA stood… Read more