News

Madrid, 4 June 2014. Ebro Foods has reached a binding agreement for the purchase of a majority shareholding (52%) in the Italian company Pastificio Lucio Garofalo, S.p.A. for a sum amounting to € 62.5 million. This Italian company owns the brands Garofalo, Santa Lucia and Russo de Cicciano, inter alia, with a major position in… Read more

Ebro posted a net profit of €38.8 million for the first quarter of 2014, representing a year-on-year growth of 18%. Its net turnover rose 2.6% year on year to €500 million. The company’s EBITDA (gross operating profit) grew to €68.3 million, 7.5% up on the first quarter of 2013, and its EBIT rose 7.8% year… Read more

Ebro posted a net turnover of €1,957 million in 2013, just 1.2% less than in 2012, as a result of lower procurement costs and the sale of the Nomen brand. With the exclusion of Nomen, the exchange rate effect and an 8.5% increase in investment in advertising, which totalled €72 million in 2013, EBITDA stood… Read more

Ebro Foods, S.A. (www.ebrofoods.es) and Newlat Group, S.A. have reached an agreement for the sale of Ebro’s pasta business in Germany, where it operates under the brands Birkel® and 3Glocken®. The agreement will foreseeably come to fruition at the end of 2013 with the transfer of all the assets corresponding to that business: the aforesaid… Read more

Following approval by the Canadian Competition Bureau, Ebro Foods (www.ebrofoods.es) and Canada Bread Company, Ltd., a subsidiary of Maple Leaf Foods Inc., have today completed the sale of the Olivieri Foods (www.olivieri.ca) fresh pasta and sauce business to Ebro Foods. With a workforce of approximately 375 employees, Olivieri is leader in the fresh pasta and… Read more

Ebro posted a turnover of €1,499 million in the first nine months of 2013, down 1.3% year on year as a result of the change in its scope of consolidation following the sale of the Nomen and other smaller brands, a condition imposed by the Spanish antitrust authorities to allow the acquisition of the SOS… Read more

Ebro Foods (www.ebrofoods.es) has reached an agreement to purchase the businesses of Olivieri Foods, (www.olivieri.ca) Foods pasta and sauces business of Canada Bread Company, Ltd., a subsidiary of Maple Leaf Foods Inc.   Olivieri is the leading brand of fresh pasta and fresh sauces in Canada. With 375 employees, it has posted a gross turnover of… Read more

Joseph Heap & Sons, subsidiary of Ebro Puleva, and Stevens & Brotherton, subsidiary of Riviana Foods, have completed the merger process begun on 17 September 2003

Ebro posted a net profit of €71 million in the first half of 2013 with a year-on-year growth of 5.5%. The net turnover slid 1.1% over the twelve-month period to €1,001,764 million, as a result of the change in the scope of consolidation following the sale of the Nomen, La Parrilla, La Cazuela, Pavo Real… Read more

Ebro approves an additional extraordinary dividend ofWithin the framework of its dividend policy and as proof of its commitment to its shareholders, the Board of Directors of Ebro Foods, S.A. agreed earlier today to put a motion at the forthcoming AGM to pay an extraordinary interim dividend of 0.12 euro per share. The extraordinary dividend… Read more