Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / Spain

Success In US Helps Ebro Puleva Offset Difficulties At Home

September 2009 | Company News Alert

Spanish food group Ebro Puleva has revealed that it expects earnings before interest, tax, depreciation and amortisation (EBITDA) at its US division to increase by 26% this year on the back of rising sales and lower costs. Spain's largest food firm expects sales at the division to increase by 28% to reach EUR886mn and has said that this will be complemented by cost savings, including the replacement of two older rice factories with a new factory in Memphis. This strong growth forecast follows several years of dynamic expansion with its innovative and convenient rice and pasta products enjoying success in

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