Spanish food group Ebro Puleva has reported a near 20% rise in 2004 net profit to €120.9m (US$155.4m), boosted by higher rice sales.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Ebro’s rice division performed strongly, helped by good sales of microwave-ready rice products, reported Reuters. In September, the company completed its acquisition of US rice company Riviana Foods. The division was also boosted by EU rules.


“The new (EU) regulation which controls rice has also allowed a development in the prices of raw materials, which has helped expand consumption of this product and allowed our group to increase its exports,” the company was quoted by Reuters as saying.


Ebro’s revenues rose 5.9% to €2.12bn, while earnings before interest, tax, depreciation and amortisation (EBITDA) increased 14.6% to €298.6m. Revenues from the company’s rice division jumped 41% to €604m.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now