Brief: Ebro Foods Q1 Net Profit Up At 43.8 Mln Euros YoY

Ebro Foods SA

26/04/2023 15:12

April 26 (Reuters) - Ebro Foods SA  EBRO.MC :
    * Q1 NET PROFIT 43.8 MILLION EUROS VERSUS 41.5 MILLION EUROS
YEAR
AGO
    * Q1 SALES 810.2 MILLION EUROS VERSUS 725.8 MILLION EUROS
YEAR AGO
    * Q1 EBITDA-A 96.3 MILLION EUROS VERSUS 87.0 MILLION EUROS
YEAR
AGO
    * NET DEBT 743.9 MILLION EUROS AT END-MARCH VERSUS 555.1
MILLION
EUROS YEAR AGO
    * MAKING FURTHER MAJOR INVESTMENTS IN MICROWAVE PRODUCTS TO
BECOME
OPERATIONAL IN 2023 IN EUROPE AND 2024 IN NORTH AMERICA
    * AS CONSEQUENCE OF DROUGHTS IN SPAIN AND SOUTH AMERICA, AND
FLOODING IN BASMATI PRODUCTION ZONE, RAW MATERIALS TO REMAIN
UNDER STRESS THROUGHOUT FINANCIAL YEAR

Source text for Eikon:  ID:nCNMqjzHr 
Further company coverage:  EBRO.MC 

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