Ebro Foods Expecting 11% Increase In Full-Year EBITDA
Spanish food group Ebro Foods has announced it expects full-year EBITDA to rise 11% to €340 million, after a nine-month period which was boosted by the 'excellent performance' of the group's brands.
In the first nine months of its financial year, Ebro's net turnover grew 7.2% to €2.04 billion, with EBITDA rising 13% to €236.8 million.
Net profits were up 15.1% to €114.7 million.
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