Ebro Foods (www.ebrofoods.es) bought the entire capital of Vegetalia, S.L. and Corporacio Alimentaria Satoki, S.L. (jointly “Vegetalia” www.vegetalia.com ) from their founding shareholder today, through its French subsidiary Alimentation Sante. The restaurants operating under the trade name “Vegetalia” were not included in the transaction. Ever since its foundation by Salvador Sala Druguet in 1986, Vegetalia… Read more
Net profit rises to 127.3 million
Ebro posted a net profit of €127.3 million in the first nine months of 2016, up 25.3% on the same period of 2015. Net turnover grew 1.7% year on year to €1,820.3 million. Despite increasing our investment in advertising by 12.3%, we posted an EBITDA of €250.3 million, 16.7% more than in the same period… Read more
Net profit rises to 87.6 million
Ebro chalked up a net profit of €87.6 million in the first half of 2016, up 46.6% year on year, boosted by the positive evolution of its core businesses and the extraordinary income generated on the sale of the Puerto Rico rice business and a property in Madrid. A year-on-year growth of 2% was recorded… Read more
Net profit rises to 43.3 million
Ebro posted a Q1 net profit of €43.3 million, 43% more than in the same period of 2015, pushed up by the positive performance of its core businesses and the extraordinary income generated on the sale of the Puerto Rico rice business.Net turnover was up 2.7% year on year to €613 million. The EBITDA or… Read more
Turnover up more than 16% to 2462 million
The net turnover of the Ebro Group grew by 16.1% year on year in 2015, rising to €2462 million. The EBITDA, or gross operating profit, was considerably better than year-end projections, closing at €314.8 million, up 9.6% on 2014, even after raising the investment in advertising by over 20% to €87 million. Net profit remained… Read more
Ebro Foods buys the organic food company Celnat
Ebro Foods (www.ebrofoods.es) has reached an agreement, through its company Alimentation Santé, to buy 100% of the French company CELNAT (www.celnat.fr), pioneer in the field of organic food and one of leading organic cereal manufacturers in France. CELNAT has a very important position in the category of high-quality organic food products and has an excellent… Read more
The Group turnover grew by more than 17% to 1,789 million
The net turnover for the first nine months of the year recorded a year-on-year growth of 17.7%, rising to €1,789.8 million, boosted mainly by the excellent performance of the rice division, the incorporation of RiceSelect and the favourable exchange rate. The group posted an EBITDA, or gross operating profit, of €214.3 million, 8.7% more than… Read more
Turnover up 21% to 1,193 million
Ebro’s net turnover grew 21% more than in the first half of last year, to €1,193.1 million, thanks mainly to the excellent performance of the rice division, the contribution by Garofalo and, to a lesser extent, the foreign exchange factor. The EBITDA, or gross operating profit, rose to €141.3 million, a year-on-year growth of 8%,… Read more
Ebro Foods reaches agreement to buy the french group Roland Monterrat
Through the French company Les Traiteurs Lyonnais, subsidiary of the Panzani Group (www.panzani.fr), Ebro Foods has reached an agreement to buy the Roland Monterrat Group (http://www.roland-monterrat.org/), a French producer of fresh ready-to-serve food. With a workforce of 390 employees, Roland Monterrat is a major player in the French fresh food segment. It is leader… Read more
Ebro Foods buys the north american specialty rice business Riceselect
Ebro Foods, through its United States subsidiary Riviana Foods Inc., has acquired the US consumer rice business division of RiceTec AG and RiceTec, Inc. which manufactures and markets products under the brand RiceSelect®. The transaction, valued at USD 45 million, includes the brand and certain other assets of the business, including a production plant in… Read more