The net turnover for the first nine months of the year recorded a year-on-year growth of 17.7%, rising to €1,789.8 million, boosted mainly by the excellent performance of the rice division, the incorporation of RiceSelect and the favourable exchange rate. The group posted an EBITDA, or gross operating profit, of €214.3 million, 8.7% more than… Read more
Category: News
Turnover up 21% to €1,193 million
Ebro’s net turnover grew 21% more than in the first half of last year, to €1,193.1 million, thanks mainly to the excellent performance of the rice division, the contribution by Garofalo and, to a lesser extent, the foreign exchange factor. The EBITDA, or gross operating profit, rose to €141.3 million, a year-on-year growth of 8%,… Read more
Ebro Foods reaches agreement to buy the french group Roland Monterrat
Through the French company Les Traiteurs Lyonnais, subsidiary of the Panzani Group (www.panzani.fr), Ebro Foods has reached an agreement to buy the Roland Monterrat Group (http://www.roland-monterrat.org/), a French producer of fresh ready-to-serve food. With a workforce of 390 employees, Roland Monterrat is a major player in the French fresh food segment. It is leader… Read more
Ebro Foods buys the north american specialty rice business Riceselect
Ebro Foods, through its United States subsidiary Riviana Foods Inc., has acquired the US consumer rice business division of RiceTec AG and RiceTec, Inc. which manufactures and markets products under the brand RiceSelect®. The transaction, valued at USD 45 million, includes the brand and certain other assets of the business, including a production plant in… Read more
Net turnover up 19.4% to €597 million
The Group’s turnover grew by 19.4% year on year, mainly thanks to the good performance of the rice division, the contribution by Garofalo and the foreign exchange effect, rising to €597 million. Ebro posted an EBITDA, or gross operating profit, of €69.7 million, up 2% year on year, while its net profit was down 22%… Read more
Net earnings up 14.2% to €151.6 million
Ebro closed 2014 with a net profit of €151.6 million, up 14.2% on 2013, while the net profit on continuing operations rose 11% to €157 million. Its net turnover totalled €2,121 million, with a year-on-year growth of 8.4%. The EBITDA rose 2% year on year to €287.2 million, with an EBIT (net operating profit) of… Read more
