Ebro Foods earns 5.4% more due to lower financial costs and control of 100% of Bertagni.

The food company Ebro Foods, owner of brands such as Brillante, La Cigala, Minute Rice, or Garofalo, earned 52.9 million euros in the first quarter, a 5.4% increase, due to improved financial results and the acquisition of 100% of the Italian fresh filled pasta firm Bertagni, according to the company's statement to the National Securities Market Commission (CNMV). This increase in profit—which comes with a significant reduction in debt—occurs in a challenging context, in which the drop in rice prices, the weakness of the dollar (Ebro Foods has a significant presence in the USA) and the rise in logistics costs and some auxiliary raw materials due to the conflict in the Middle East have affected sales and Ebitda. The turnover stood at 755.5 million euros, 4.5% lower than in the same quarter of 2025, mainly, argues Ebro Foods in a note, due to the effect of the exchange rate of the US dollar on its subsidiary in the North American country Riviana, which it estimates at 29 million, ...