Ebro Foods, S.A. (BME: EBRO)

Ebro Foods Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,190	1,226	1,201	969.24	912.16	849.7
Revenue	1,190	1,226	1,201	969.24	912.16	849.7
Revenue Growth (YoY)	-5.65%	2.06%	23.91%	6.26%	7.35%	8.10%
Cost of Revenue	441.05	454.63	424.01	313.69	302.16	301.52
Gross Profit	749.28	771.16	777.02	655.54	610	548.17
Selling, General & Admin	277.16	278.72	267.66	234.91	226.24	201.73
Other Operating Expenses	201.58	224.18	242.06	172.74	149.07	151.72
Operating Expenses	563.41	586.61	587.87	479.94	446.83	424.13
Operating Income	185.87	184.54	189.15	175.61	163.17	124.05
Interest Expense	-8.64	-6.27	-1.53	-0.92	-1.15	-1.51
Interest & Investment Income	1.76	0.85	1.19	0.63	0.52	0.6
Currency Exchange Gain (Loss)	3.03	-9.75	-5.04	2.18	-2.31	1.14
Other Non Operating Income (Expenses)	-0.04	-	-	-	-	-
EBT Excluding Unusual Items	181.98	169.37	183.76	177.5	160.24	124.27
Merger & Restructuring Charges	-	-	-	-	-	-1.5
Impairment of Goodwill	-	-	-	-	-	-3.52
Gain (Loss) on Sale of Investments	0.02	0.02	-0.02	0	0.01	0.02
Asset Writedown	-0.49	-0.49	0.04	-1.08	-0.59	-0.09
Other Unusual Items	-	-	-	-	-	10.89
Pretax Income	181.49	168.91	183.79	176.42	159.66	130.06
Income Tax Expense	34.57	27.94	44.36	43.42	37.14	24.49
Earnings From Continuing Operations	146.92	140.96	139.43	133	122.51	105.58
Net Income to Company	146.92	140.96	139.43	133	122.51	105.58
Net Income	146.92	140.96	139.43	133	122.51	105.58
Net Income to Common	146.92	140.96	139.43	133	122.51	105.58
Net Income Growth	6.91%	1.10%	4.84%	8.56%	16.04%	-14.74%
Shares Outstanding (Basic)	46	46	46	46	46	46
Shares Outstanding (Diluted)	46	46	46	47	47	46
Shares Change (YoY)	-1.15%	-0.17%	-0.17%	-	0.09%	-0.29%
EPS (Basic)	3.22	3.05	3.02	2.87	2.64	2.27
EPS (Diluted)	3.22	3.04	3.00	2.86	2.63	2.27
EPS Growth	8.22%	1.33%	4.90%	8.75%	15.86%	-14.59%
Free Cash Flow	129.96	68.58	5.16	125.52	123.02	115.18
Free Cash Flow Per Share	2.85	1.48	0.11	2.70	2.65	2.48
Dividend Per Share	1.596	2.996	1.940	1.830	1.690	1.610
Dividend Growth	-17.73%	54.43%	6.01%	8.28%	4.97%	1.26%
Gross Margin	62.95%	62.91%	64.70%	67.64%	66.87%	64.51%
Operating Margin	15.61%	15.06%	15.75%	18.12%	17.89%	14.60%
Profit Margin	12.34%	11.50%	11.61%	13.72%	13.43%	12.43%
Free Cash Flow Margin	10.92%	5.60%	0.43%	12.95%	13.49%	13.55%
EBITDA	265.25	262.96	262.01	242.77	229.93	190.21
EBITDA Margin	22.28%	21.45%	21.82%	25.05%	25.21%	22.39%
D&A For EBITDA	79.38	78.42	72.86	67.16	66.76	66.16
EBIT	185.87	184.54	189.15	175.61	163.17	124.05
EBIT Margin	15.61%	15.06%	15.75%	18.12%	17.89%	14.60%
Effective Tax Rate	19.05%	16.54%	24.14%	24.61%	23.26%	18.83%

Source: S&P Capital IQ. Standard template. Financial Sources.