Ebro Foods profit down 2.7%, sales fall on price drop; debt cut, M&A ahead

Ebro Foods reported a 2.7% decline in net profit for the first nine months, with sales falling due to lower prices. The company reduced net debt by nearly €80 million and is preparing to close new acquisitions. The results reflect margin pressure in a deflationary food-price environment, while the balance-sheet improvement supports expansion plans.

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