Ebro Foods Sa · BME:EBRO
Ebro Foods Sa — 9M 2025 Earnings Presentation
14 slides from Ebro Foods Sa's earnings presentation, Oct 29, 2025
Slide 1: Filing to the National Securities Exchange Commission of Spain
TO THE NATIONAL SECURITIES EXCHANGE COMMISSION OF SPAIN Madrid, 29 October 2025 Ref: presentation to analysts announced this morning, regarding the Group Ebro Foods results for the third quarter of 2025. In pursuance of section 227 of the Securities Market Act, Ebro Foods, S.A. hereby publishes as O
Slide 2: Results 9M 2025
Ebro RESULTS 9M 2025 ARROZ INTEGRAL
Slide 3: Contents
CONTENTS 1. INTRODUCTION 2. BUSINESS UNIT RESULTS 9M25 2.1 Rice 2.2 Pasta 3. CONSOLIDATED GROUP RESULTS 9M25 3.1 P&L 3.2 Debt Performance 4. CONCLUSION 5. CORPORATE CALENDAR 2025 6. CALCULATION OF ALTERNATIVE PERFORMANCE MEASURES 7. LEGAL DISCLAIMER
Slide 4: 1. Introduction
1. Introduction The third quarter is typically the weakest of the year, as it coincides with the summer period when consumption of our products slows – a trend further exacerbated this year by prolonged heatwaves. This period also sees a seasonal reduction in plant activity, as a significant number
Slide 5: 2.1.1 Rice 9M25
2.1.1 Rice 9M25 With regard to raw materials, very strong harvests are expected for long-grain rice in Spain. However, extremely low prices in Asia and South America – at their lowest levels in 40 years – have brought all long-grain rice markets to a standstill. As we have repeatedly cautioned, only
Slide 6: 2.1.2 Rice 9M25
2.1.2 Rice 9M25 Sales in the rice division fell to EUR1,766.45 million, due to the impact of lower raw material prices. Currency exchange had an impact of EUR21.2 million. We continue to step up advertising investment to support new launches for all our brands, maintaining investment at EUR45.2 mill
Slide 7: 2.2.1 Pasta 9M25
2.2.1 Pasta 9M25 Our global fresh pasta business continues to face pressure from higher costs for certain raw materials, such as eggs and dairy products, which are only partially offset by the decline in semolina prices. In response, Olivieri has implemented a price increase in Canada to offset thes
Slide 8: 2.2.2 Pasta 9M25
2.2.2 Pasta 9M25 Revenue fell 0.3% to EUR511.0 million. Currency exchange had an impact of EUR2.6 million. Advertising remains stable at EUR27.2 million, as we continue to support new product launches. The Division's Ebitda-A fell 5.4% to EUR75.0 million. The exchange rate had almost no impact on th
Slide 9: 3.1 P&L 9M25
3.1 P&L 9M25 The consolidated sales figure fell by 3.0% to EUR2,275.9 million, following the adjustments to consumer prices. Ebitda-A grew by 1.1% to EUR311.4 million. The Ebitda-A margin increased to 13.7%. Currency had an impact of EUR3.2 million on this result. Net Profit* fell by 8.8% to EUR154.
Slide 10: 3.2 Debt Performance
3.2 Debt Performance We end the first nine months of the year with Net Debt standing at EUR578.5 million, EUR14.6 million less than in December 2024. This figure includes the payment of annual dividends, which amounted to EUR111.6 million. Working capital fell by EUR11.5 million compared to year-end
Slide 11: 4. Conclusion
4. Conclusion We closed the first nine months of 2025 with Ebitda-A standing at EUR311.6 million, marking a 1.1% year-on-year increase and confirming the solid foundations of our business. We expect Ebitda-a to reach EUR412-418 million by year-end, which would represent an excellent outcome for the
Slide 12: 5. Corporate Calendar
5. Corporate Calendar As part of Ebro’s commitment to complete transparency, below we provide our Corporate Calendar for 2025: 11
Slide 13: 6. Calculation of Alternative Performance Measures
6. Calculation of Alternative Performance Measures According to the guidelines set by the European Securities and Markets Authority (ESMA), the following is a list of the indicators used in this report. These indicators are currently and consistently used by the Group to describe its business perfor
Slide 14: 7. Legal Disclaimer
7. Legal Disclaimer This presentation contains our true understanding to date of estimates on the future growth in the different business lines and the global business, market share, financial results and other aspects of business activity and the positioning of the Company. All the data included in