date:Mar 05, 2014
Spain's Ebro Foods, one of the world's leading rice and pasta manufacturers, say that consolidated net profit for the 2013 fiscal year dropped 16% to 132.7 million.
The group, which also sells many different brands of sauces, said this week that the fall was due to negative comparatives with last year when it booked very strong capital gain on the back of its Nomen rice company.
The company said that the Nomen sale also affected turnover in 2013, as it fell 1.2% to 1.96 billion.
However, in