Ebro Foods : Pre-closing FY 2021 numbers in line with the consensus expectations and anticipating cost pressures
>Q3 2021 results were good on a comparable basis, in line with our estimates and ahead of the consensus expectations - Q3 2021 results continued to be affected by the difficult comps with consumers overstocking pasta and rice in the COVID-19 pandemic. On a comparable basis (excluding the disposed US dry pasta business for both years), the group’s revenues increased +5% y-o-y to € 703m (7% above our estimates and 9% above the consensus) with the rice business posting s...Ebro Puleva is a food manufacturing group based in Spain. Co. is engaged in the manufacture and marketing, export and import of sugar, rice, dairy products, and products destined for agriculture development and human and animal consumption. Co.'s brand names include: Panzani®, Ronzoni®, American Beauty®, Skinner®, Lancia®, Catelli®, Healthy Harvest®, etc. in pastas and sauces, Mahatma®, Sucess®, Carolina®, Lustucru®, Taureau Aile®, Oryza®, Bosto®, Reis-Fit®, Riceland®, Danrice®, Risella®, Brillante®, Nomen®, La Cigala® and La Fallera® in the rice sector, Puleva®, Ram® and El Castillo® in the dairy sector, and Azucarera® and Sucran® in the sugar sector.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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