Ebro posted a net profit from continuing operations of 32.3 million in the first quarter of 2011, up 9.6% year on year. The net profit obtained in the first quarter of 2010 is not comparable with that of the first three months of 2011 since the former included the results of the dairy business.
News
Ebro signs agreement with SOS corporación alimentaria to purchase its rice businesses
Ebro Foods and SOS Corporación Alimentaria have today signed the master agreement for the purchase by Ebro of the SOS rice businesses in Spain, USA, Saudi Arabia and the Netherlands, and the SOS brand worldwide. This agreement goes hand-in-hand with the one signed yesterday for the purchase of the Saludaes brand in Portugal. The overall… Read more
Ebro closes 2010 with double-digit growth
EBITDA up 11% year on year to 271.5 million. Net turnover of 1,702 million.Net profit rose to 389 million, up 120% year on year. Investment in advertising was stepped up by 6% to 80.4 million to back the launching of new products
Ebro Foods and Ricegrowers limited – Sunrice sign scheme implementation agreement
Further to the announcement of 20 October 2010, Ebro Foods (www.ebrofoods.es) has entered into a Scheme Implementation Agreement with Ricegrowers Limited, trading as SunRice (www.sunrice.com.au).
Ebro Foods reaches agreement with SOS Corporación Alimentaria for the purchase of its rice business
The boards of Ebro and SOS Group have reached an agreement for Ebro to purchase the SOS rice division for 195 million euro
Net profit up to september up 157% year on year to 346 million euro
Ebro chalked up a net profit of 346 million euro in the first nine months of 2010, a year-on-year growth of 157%.
Ebro Foods and Ricegrowers Limited – Sunrice sign exclusivity agreement
Ebro Foods (www.ebrofoods.es) and Ricegrowers Limited, trading as SunRice (¿SunRice¿) (www.sunrice.com.au), have today entered into an agreement under which Ebro Foods has been granted exclusivity to negotiate the purchase 100% of the capital of SunRice.
Ebro concludes sale of its dairy business to Lactalis
Once approved by the European antitrust authorities, Ebro and Lactalis signed today the contract of sale of Ebro¿s dairy business.
Comparable net profit Up 30.5% to 55.4 million euro
Ebro posted a net profit in continuing operations of 55.4 million euro during the first half of 2010, up 30.5% on the same period of 2009
Ebro announces an extraordinary dividend for the sale of the dairy business
The extraordinary dividend will be paid in four quarterly payments of 0.15 euro/share