Nine-month earnings confirm our sound Group model. The positive development of both our Divisions has been achieved thanks to the success of the value-added categories of the Rice Division and the good performance of our fresh pasta business. The full-year outlook forecasts an adjusted EBITDA of €402-407 million, a highly satisfactory result that confirms the… Read more
Category: News
Net Profit up 17% to €108.8 million
H1 earnings were once again higher than those recorded in the same period of last year, when record earnings had been posted, confirming yet again the Group’s sound progress and correct strategic approach. The solid growth of frozen, instant and value added categories in the Rice Division maintained their positive trend throughout the period. The… Read more
Net Profit grew by 22.7% to €53.7 million
The Group’s first-quarter earnings far outstrip those obtained in the same period of last year, already at record levels, demonstrating yet again the soundness of the Group and our strategy. In view of the rainfall in March, an upturn is expected in rice sowing in southern Spain, optimising our installed capacity. The fresh pasta business… Read more
The Group completes a historic year 2023
We conclude a record year, reaching one of the best EBITDA-A in our history. The geographic diversification strategy means that a 95% of the EBITDA-A comes from the international markets and only a 5% from Spain. The debt is reduced by €192.2 million to €570.4 million, which means €452 million less than in the same… Read more
