Ebro foods

Ebro Foods productos

Ebro Foods chairman says level of debt “very low” and they have capacity to acquire a company

Link Securities | In an interview with Expansión newspaper, the chairman of Ebro Foods (EBRO), Antonio Hernández Callejas, stated that the group’s debt level is very low and they have significant purchasing power. The executive indicated that they are considering acquisitions to grow in the ready-made meals sector. Hernández Callejas pointed out that, for them, purchasing a company worth €300 million – €400 million would not be a problem. Likewise,…


Ebro Foods productos

Ebro Foods net profit up 11% to €208 million, driven by growth in operating results and sales of assets

Intermoney | Very positive results for the company, with a 2% growth in revenue (due to improved volumes) and exceeding estimates in EBITDA (up 6.7% compared to our estimate of 5.2% and the consensus of 5.3%) and EBIT (up 7.2% compared to our estimate of 5.6%) thanks mainly to improved margins. In the €26M improvement in EBITDA to €413M, 73% of the increase is due to improved margins and the…


Ebro Foods productos

Ebro Foods 2Q24 Results Preview: good operating performance and favourable raw materials outlook

Banco Sabadell: Of the stocks to be published in the next few days, we highlight Ebro Foods (published on 29/07), given the good operating performance expected together with a favourable outlook for raw materials, which should allow management to be more optimistic for the year as a whole. This should have a positive impact on the share price, especially if we take into account that the stock has been underperforming…


ebrofoods fabrica

Ebro Foods: Top rice exporter India bans non-basmati white rice exports

Alphavalue / Divancons: The Spanish rice and pasta company is to publish its 2Q23 figures today. On the other hand, India, which is the main rice exporter, took the decision to ban the export of non-basmati white rice. This move is significant as India accounts for about 40% of the world’s rice trade, and the ban will affect a quarter of its total exports. The main objective behind this decision…


Ebro Foods

Ebro Sells Panzani’s Pasta Business For €550 million (9.6x EV/EBITDA)

Intermoney | Ebro Foods (EBRO) closed and executed on Friday December 31 the sale to CVC of Panzani’s dry pasta, couscous, sauces and semolina businesses for €550mn (100% of the business) enterprise value. Included in the sale are the related operating assets: the La Montre, Nanterre, and Vitrolles plants, as well as the Gennevilliers, Littoral and St. Just mills. In 2005, Ebro paid for all Panzani businesses a total of…


Ebro Foods's CEO

Ebro Foods Sells Panzani For 550 Million Euro To CVC Capital Partners VIII

Ebro Foods has received a binding offer from CVC Capital Partners VIII and has decided to grant the latter exclusive right to sell the Panzani® dry pasta, semolina, couscous and sauces business. The transaction is subject to information and consultation with employee representatives in France, regulatory approvals and approval by EBRO’s General Meeting of Shareholders. The transaction would materialise through the sale of 100% of the share capital of Panzani…



Ebro Foods' CEO

“Paying 10 times EBITDA is starting to become the norm”

Ebro Foods is the leading rice producer in the world and number two in pasta. It is no longer a sugar company but a group with a large portfolio of diversified products. It has won the respect of giants in the industry like Nestlé or the Mars Group.