News

The Passing of Mr. Elías Hernández Barrera

The Passing of Mr. Elías Hernández Barrera

In the Ebro Group we are today mourning the loss of Elías Hernández Barrera, co-founder of Arrocerías Herba – the origin of our rice business – and a leading figure in the expansion and internationalisation of Ebro Foods. His legacy of entrepreneurialism, passion for his work and his culture of effort and discretion will always… Read more

Growth of Net Profit to €169.2 million

Growth of Net Profit to €169.2 million

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

Net Profit up 17% to €108.8 million

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

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

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

Ebro Foods has been awarded the Lean & Green’s 1st Star, for achieving a 20% reduction in its logistic processes emissions

Ebro Foods has been awarded the Lean & Green’s 1st Star, for achieving a 20% reduction in its logistic processes emissions

In Madrid on Tuesday, the Ebro Group was awarded, by the Spanish Association of Manufacturers and Distributors (AECOC), Lean & Green’s 1st Star owed to its achievement of reducing 20% its logistic processes emissions. The award ceremony took place during the VII Sustainable Logistics Day promoted by AECOC. Achieving this first star is an important… Read more

Our earnings validate our value strategy

Our earnings validate our value strategy

The Group’s consolidated Q3 earnings confirm the extraordinary performance of our business in 2023. Thanks to our geographical diversification strategy, more than 94% of our adjusted EBITDA is obtained in international markets and only 5.4% in Spain. Our year-end forecasts contemplate an adjusted EBITDA of €372-378 million, far outstripping that posted in 2019 before shredding… Read more

Tilda achieves B CORP certification

Tilda achieves B CORP certification

Our premium UK rice brand, Tilda, has become the only UK brand in the rice sector to achieve B Corp Certification. The UK’s No.1 Rice brand gained certification following a year-long process, which covers the entirety of a business’s operations, and ensures high standards of social and environmental performance. The leading rice producer, which recently… Read more

Growing at a good pace

Growing at a good pace

Madrid, 26 July 2023. The first half of the year turned out to be very satisfactory: not only have we maintained a very positive growth rate, but also our latest investments – both in CAPEX and inorganic – are producing the expected results. Our new production lines came into operation pushing up our sales of… Read more