Ebro Foods Sa · BME:EBRO
Ebro Foods Sa — H1 2025 Earnings Presentation
14 slides from Ebro Foods Sa's earnings presentation, Jul 29, 2025
Slide 1: Filing to the National Securities Exchange Commission of Spain
TO THE NATIONAL SECURITIES EXCHANGE COMMISSION OF SPAIN Madrid, 29 July 2025 Ref: presentation to analysts announced this morning, regarding the Group Ebro Foods results for the first half of 2025. In pursuance of section 227 of the Securities Market Act, Ebro Foods, S.A. hereby publishes as OTHER R
Slide 2: Results H1 2025
Ebro RESULTS H1 2025 ARROZ INTEGRAL
Slide 3: Contents
CONTENTS 1. INTRODUCTION 2. BUSINESS UNIT RESULTS H1 2025 2.1 Rice 2.2 Pasta 3. CONSOLIDATED GROUP RESULTS H1 2025 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 first half of the year has been influenced by a complex geopolitical situation — with conflicts in Iran, Ukraine, and Gaza, as well as ongoing tensions in the Red Sea that continue to affect maritime traffic and raise logistics costs from Asia. Added to this are tariff tensions a
Slide 5: 2.1.1 Rice H1 2025
2.1.1 Rice H1 2025 Sowing forecasts in Spain have materialised positively, with 100% of the rice-growing area cultivated for the first time in four years. We anticipate a bearish market tone for H2, with international prices at very low levels across both Asia and South America. Aromatic rice prices
Slide 6: 2.1.2 Rice H1 2025
2.1.2 Rice H1 2025 The sales figure for the division fell by 3.9% to EUR1,187.2 million, due to the price adjustments passed on to the end consumer, as a result of the drop in raw material prices. We are still investing in advertising as we continue to support new launches. Ebitda-A was up 3.3% to E
Slide 7: 2.2.1 Pasta H1 2025
2.2.1 Pasta H1 2025 Following a year of falling costs, inflationary pressure is once again mounting. Increases in dairy prices and the impact of avian flu on egg prices have pushed up the cost of our fresh pasta. In contrast, a strong durum wheat harvest is expected, which is already leading to lowe
Slide 8: 2.2.2 Pasta H1 2025
2.2.2 Pasta H1 2025 Turnover for the division remains stable compared to 2024. Advertising grew 2.0% to EUR18.8 million, as we continue to support new launches. The Division's Ebitda-A fell 5.0% to EUR51.8 million, due to the decline in fresh pasta sales. The exchange rate had no impact on this resu
Slide 9: 3.1 P&L H1 2025
3.1 P&L H1 2025 The consolidated sales figure fell by 3.0% to EUR1,533.4 million. Ebitda-A grew by 1.1% to EUR212.9 million. The Ebitda-A margin grew by almost 30 b.p. to 13.9%. Currency had no material impact on this result. Net Profit* fell by 10.9% to EUR97.0 million, due to negative exchange rat
Slide 10: 3.2 Debt Performance
3.2 Debt Performance We ended H1 with Net Debt standing at EUR675.8 million. This figure accounts for dividend payments made in April and June, as well as the accrued October dividend payment, amounting to a total of EUR110.1 million. Working capital increased by EUR31.6 million at constant exchange
Slide 11: 4. Conclusion
4. Conclusion Our divisions continued to perform well in H1 2025, building on the excellent results achieved in H1 2024. We anticipate a highly competitive landscape in H2, with international prices at historically low levels across both Asia and South America. We continue to launch new products, su
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: 25 February Presentation of YE 2024 Results 1 April Four-month payment of ordinary dividend (EUR0.23/share) 30 April Presentation of Q1 2025 results 30 June Four-mon
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