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
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
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
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
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
Brillante®, the fastest growing food brand in 2022
We are in luck! The Brand Footprint 2023 ranking (issued by Kantar Worldpanel) has awarded our brand, Brillante®, for having been the food brand with the highest growth in CRP’s (Consumer Reach Points) in Spain during the past twelve months. Kantar analyzes all purchase occasions over the course of a year to create a ranking… Read more
An extraordinary quarter
Madrid, 26 April 2023. We have closed a very satisfactory first quarter, in which one of our main achievements was to have improved on the extraordinary profit posted in the first three months of 2022, the best first quarter in recent years thanks to hoarding triggered by the Ukraine war and the transport strike in… Read more
