Appetite for pasta and rice boosts Spain's Ebro net profit
28/10/2020 15:05
MADRID, Oct 28 (Reuters) - Spain's Ebro Foods EBRO.MC
profit jumped almost 28% in the first nine months of 2020, as
people forced to eat more at home due to coronavirus
restrictions snapped up pasta and rice in its main markets.
The company, which says it is the world's second-largest
rice seller and maker of dry and fresh pasta, said on Wednesday
its net profit during the January-September period rose to 146.7
million euros ($173.4 million), driven by its premium rice and
pasta brands.
(Reporting by Emma Pinedo, Editing by Inti Landauro and Emelia
Sithole-Matarise)
((Inti.Landauro@thomsonreuters.com;))