News

Turnover up to €2,183 million

Turnover up to €2,183 million

Madrid, 27 October 2022. In an extremely complicated scenario, the Group has achieved a significant increase in both turnover and adjusted EBITDA, proving that our business model is apt also in adverse scenarios. We have posted a turnover of €2,183 million, up 24.6% year on year thanks to the good performance of our brands, which… Read more

Oryzonte project demonstrates that greenhouse gas emissions from rice paddies in Seville can be reduced by 60 %

Oryzonte project demonstrates that greenhouse gas emissions from rice paddies in Seville can be reduced by 60 %

Kicked-off in 2018, the project promoted by Mars Food and Herba Ricemills in collaboration with Danone aims to improve the sustainability of rice cultivation in Seville, the largest rice cultivating area in Spain. The project focuses on three key areas: water, greenhouse gas emissions (GHG) and Biodiversity. Madrid, 19th October 2022. The ORYZONTE project, which… Read more

Riviana Foods invests $80.6 million in Memphis plant

Riviana Foods invests $80.6 million in Memphis plant

Houston (Texas), September 7, 2022. Riviana Foods Inc. announced today its investment of $80.6 million to expand and renovate its state-of-the-art processing and packaging plant in Memphis, Tennessee. The investment will significantly increase Riviana’s production capacity for its ready to serve cup and pouch products and add approximately 80 new full-time jobs. The investment will… Read more

Sales grow to €1,459 million

Madrid, 26 de julio de 2022. El importe neto de la cifra de negocio se sitúa en €1.459 millones, un 26% más que en el primer semestre de 2021, gracias principalmente al carácter básico que ocupan nuestros productos en la cesta de la compra, la fidelidad de nuestros consumidores y la buena gestión de nuestra… Read more

Sales growth to €725.8 million

business

Madrid, 27 April 2022. Our net turnover rose to €725.8 million, up 23.9% on the first quarter of 2021, thanks to the excellent performance of the high value added products and a strong, highly diversified supply chain. Adjusted EBITDA was up 11.2% year on year to €87 million. Net Profit dropped by 21.4% to €41.5… Read more

Net profit up 24% to €238.6 million

Net profit up 24% to €238.6 million

Madrid, 28 February 2022. Net turnover was more or less on a par with the previous year, at €2,877.4 million, which can be considered highly satisfactory given the extraordinary effect of compulsive shopping in 2020 and confirms consumer confidence in our brands and high-range products. Even with a cost inflation of €83 million and after… Read more

Ebro Foods has reached a binding agreement to purchase the company InHarvest

Ebro Foods has reached a binding agreement to purchase the company InHarvest

Madrid, 25th February 2022. The Ebro Group (www.ebrofoods.es), through its US subsidiary Riviana Foods (www.riviana.com), has reached a binding agreement to purchase the assets comprising the business of InHarvest. Inc. (www.inharvest.com) InHarvest is a US company with a strong presence in the industrial (B2B), Food Service and Private Label businesses for premium specialities in rice,… Read more

Net profit up 5.8% to €155.2 million

Net profit up 5.8% to €155.2 million

Madrid, 27 October 2021. Ebro posted a net turnover of €2,082.8 million in the first nine months of 2021. Once again the year-on-year comparison is distorted by the effect of compulsive shopping in 2020, but in terms of CAGR 2021/2019 turnover grew by 6.9%, revealing the trust and interest of consumers in the differentiation of… Read more