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
Category: News
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
Net profit up 24% to 40 million euro
The Ebro Puleva Group posted a net profit of 40 million euro for the first three months of 2010, 24% more than in the first quarter of 2009
Ebro Puleva signs the sale and purchase agreement of its dairy business to lactalis group
Madrid, 30 March 2010. Ebro Puleva (www.ebropuleva.com) and Lactalis (www.lactalis.fr) have signed the sale and purchase agreement of the Ebro Puleva dairy division. As announced on 8 March, the transaction is valued at ¿630 million and its ultimate conclusion is subject to approval by the European anti-trust authorities.
