Ebro Foods (www.ebrofoods.es) has reached an agreement to purchase the businesses of Olivieri Foods, (www.olivieri.ca) Foods pasta and sauces business of Canada Bread Company, Ltd., a subsidiary of Maple Leaf Foods Inc. Olivieri is the leading brand of fresh pasta and fresh sauces in Canada. With 375 employees, it has posted a gross turnover of… Read more
News
Merger of Joseph Heap & Sons and Stevens & Brotherton completed in United Kingdom
Joseph Heap & Sons, subsidiary of Ebro Puleva, and Stevens & Brotherton, subsidiary of Riviana Foods, have completed the merger process begun on 17 September 2003
Net profit up 5.5% to 71 million
Ebro posted a net profit of €71 million in the first half of 2013 with a year-on-year growth of 5.5%. The net turnover slid 1.1% over the twelve-month period to €1,001,764 million, as a result of the change in the scope of consolidation following the sale of the Nomen, La Parrilla, La Cazuela, Pavo Real… Read more
Ebro approves an additional extraordinary dividend of 0.12 per share
Ebro approves an additional extraordinary dividend ofWithin the framework of its dividend policy and as proof of its commitment to its shareholders, the Board of Directors of Ebro Foods, S.A. agreed earlier today to put a motion at the forthcoming AGM to pay an extraordinary interim dividend of 0.12 euro per share. The extraordinary dividend… Read more
Ebro Puleva chalks up a net profit of over 100 million euro, up 5.1% year-on-year
Ebro Puleva broke through the 100 million euro threshold for the first time in 2003, posting a consolidated net profit of 100.8 million euro, 5.1% up on the previous year.
Puleva Biotech raises its net profit 57.3% in 2003
Puleva Biotech recorded a turnover of 4.6 million euro.
Ebro Puleva will raise its dividend 25% in 2004
The shareholders will receive 0.30 euro per share and the dividend will be paid in quarterly payments of 0.075 euro per share. With this increase, Ebro Puleva will distribute more than 46 million euro among its shareholders, 10 million more than last year.
Ebro buys a rice milling facility in India
Ebro Foods has reached an agreement to acquire a rice milling facility (the “Facility”) in Haryana, India from Olam International, a Singapore-based global, integrated supply chain manager of agricultural products and food ingredients. The Facility is a new state-of-the-art rice milling plant and has the capacity to process 18 metric tons of paddy rice per… Read more
Ebro Puleva grows in Northern Europe after buying up two companies in Denmark
The Group has reached an agreement to purchase Danrice and Danpasta, leaders in the frozen rice and pasta sectors.
Ebro’s net profit grows 4.5% to 158.5 million
Ebro posted a net profit of €158.5 million in 2012, a year-on-year growth of 4.5%, while profit before tax was up 11.5% to €248 million. Its net turnover rose to €2,041 million, up 13% on 2011. Major growth was also achieved in the operating parameters, with a year-on-year growth of 9.7% in the EBITDA or… Read more