News

The transaction is part of the policy of divesting in non-strategic businesses

On a difficult scenario for the world food trade, shaken up by the strong hike in raw material prices, the evolution of the Ebro Puleva Group was nevertheless positive, maintaining the overall yield of the company above the estimates announced in October, achieving significant organic growth in the rice and pasta divisions and strengthening its leadership on all the markets on which it operates

The turnover of the Ebro Puleva Group reached a level of ¿1955 million in the first nine months of 2007, 8.3% up on the same period of 2006

The Ebro Puleva Group posted a net turnover of 1,278 million euro in 1H07, a year-on-year growth of 12%

Ebro Puleva has reached an agreement to buy the German company Birkel Teigwaren Gmbh (Birkel), leader of the pasta sector in that country. The transaction is just pending approval by the German antitrust authorities

The development of the Ebro Puleva Group was satisfactory in the first quarter of this year, with strong, solid growth in both turnover and profits. The Group posted a consolidated net turnover of 650 million euro, representing a year-on-year growth of 14.5%

The Ebro Puleva Group performed well during 2006. It strengthened its leadership in the food sector, significantly increasing its importance on the international market and achieving major growth in both turnover and profits, even though New World Pasta was only included in its consolidated results for seven months and Minute Rice for two

– Shareholders will receive a dividend of 0.36 euro per share, in a total distribution of 55.4 million

– This dividend will be paid in quarterly instalments of 0.09 euro/share

– The dividend represents a pay-out of almost 30%

The Ebro Puleva Group posted a turnover of 1,975 million euro in the first nine months of 2006

Ebro Puleva, S.A. has reached an agreement with Kraft Foods Global Inc. to buy its rice business Minute Rice in the United States and Canada