Ebro posted a net profit of €128 million for the first nine months of 2017, up 0.5% year on year. Its EBITDA, or gross operating income, totalled €261 million, 4.3% more than in the equivalent period of 2016, while the EBIT rose 4.6% to €202.7 million. Net turnover grew by 0.6% to €1,831.2 million in… Read more
Category: News
Innovative study on methane emissions from spanish paddy fields
• IRTA researchers, with collaboration from Kellogg and Ebro Foods, analyse how to reduce greenhouse gases in the Ebro Delta • Intermittent irrigation and selecting the best time to incorporate rice straw in the paddies can reduce methane emissions Few studies have been made in Spain of the greenhouse gas (GHG) emissions from paddy fields… Read more
Ebro Foods buys 52% stake in the italian company Geovita
Ebro Foods (www.ebrofoods.es) has executed the acquisition of the 52% of the Italian companies Geovita Functional Ingredients, S.r.l. and its subsidiary Geovita Nutrition, S.r.l. (together, “Geovita”). Geovita is a leading player in the production and sale of legumes, rice, fast-cooking grains and other healthy ingredients. It has achieved considerable market differentiation through the highly innovative… Read more
Net profit up 5.2% to €92 million
Ebro chalked up a net profit of €92 million for the first six months of 2017, 5.2% more than in the same period of 2016, underpinned by the positive performance of its core businesses, which grew in volume and market shares in the highest value categories. The net turnover grew 2.6% year on year to… Read more
Net profit rises 19.1% to €51.6 million
Ebro posted a net profit of €51.6 million during the first three months of 2017, up 19.1% year on year, boosted by the positive evolution of its core businesses and the extraordinary income generated on the sale of land in Houston. With a year-on-year growth of 3.4%, its net turnover rose to €634.2 million. The… Read more
Net profit up 17.2% to €169.7 million
Ebro posted a net profit of €169.7 million in 2016, a year-on-year growth of 17.2%. The net turnover, checked by the slight fall in the price of raw materials, has remained more or less on a par with last year, at €2,459.2 million. Its EBITDA, after raising investment in advertising by 15.4%, stood at €344.1… Read more
Ebro Foods buys organic food company “Vegetalia”
Ebro Foods (www.ebrofoods.es) bought the entire capital of Vegetalia, S.L. and Corporacio Alimentaria Satoki, S.L. (jointly “Vegetalia” www.vegetalia.com ) from their founding shareholder today, through its French subsidiary Alimentation Sante. The restaurants operating under the trade name “Vegetalia” were not included in the transaction. Ever since its foundation by Salvador Sala Druguet in 1986, Vegetalia… Read more
