Ebro Foods, S.A. Reports Earnings Results for the Half Year Ended June 30, 2022
July 26, 2022 at 11:38 pm IST
Share
Ebro Foods, S.A. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was EUR 1,459.06 million compared to EUR 1,158.85 million a year ago. Net income was EUR 56.74 million compared to EUR 107.16 million a year ago. Basic earnings per share from continuing operations was EUR 0.369 compared to EUR 0.434 a year ago. Diluted earnings per share from continuing operations was EUR 0.369 compared to EUR 0.434 a year ago. Basic earnings per share was EUR 0.369 compared to EUR 0.696 a year ago. Diluted earnings per share was EUR 0.369 compared to EUR 0.696 a year ago.
Ebro Foods SA is a Spain-based company primarily engaged in the food industry. The Company's product portfolio includes rice, pasta, cereals and diet products, legumes, as well as organic food, among others. The Company is also involved in the production of soft drinks, pharmaceutical products, animal feeds and biofuels. It markets its products under a variety of brands, such as SOS, Brillante, La Cigala, La Fallera, Saludaes, American Beauty, San Giorgio, 3 Glocken, Skinner, Geovita and Vegetalia, among others. The Company operates through numerous subsidiaries, such as Herba Ricemills SL, Herba Nutricion SL, Panzani SAS, Dosbio 2010 SL, Riviana Foods Inc, Ebro Foods Alimentacion SA, Azucarera Energias SA, Pastificio Lucio Garofalo SpA and Roland Monterrat SA.