Ebro’s net turnover grew by 7.6% year on year to €1,356.8 million, boosted by the good performance of its brands.
Ebro Foods, S.A., through its 100% subsidiary Panzani, S.A.S., has received a binding offer from Midsona AB for the acquisition of the entire share capital of Alimentation Santé and its subsidiaries Celnat, Vegetalia and Satoki. Panzani S.A.S. has decided to enter into exclusive negotiations with Midsona AB.
We are pleased to announce the launching of our new corporate website www.ebrofoods.es. This new version reflects our Group’s corporate identity and culture through its modern design, minimalist in structure but very attractive thanks to a greater presence of graphic resources and infographics. It is intended to provide a comprehensive corporate communication tool for all… Read more
The Group’s consolidated earnings in the first nine months of this year were dented by the inflation of costs suffered by the North American rice business (some general affecting the entire market, others extraordinary and specifically affecting us) and the huge outlay to develop the Group’s expansion plan. In this context our EBITDA, or gross operating profit, totalled €211.5 million, 18.9% less than the same period of 2017, with a net profit of €99.7 million, down 22.1% year on year.