Natra, a Spanish multinational and one of the leading European producers of chocolate confectionery and cocoa products, posted an adjusted EBITDA of €26.2 million in 2017, up 19% year on year and fulfilling the best estimates made in November. Without the adjustments made in this period, the EBITDA would have grown 1% to €22.7 million.
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Natra’s new launchings respond to the latest consumer trends, with healthier products containing less sugar and no palm oil.
The adjusted EBITDA grew 1% year on year by September to €17.8 million. The adjustments were mainly due to the company’s restructuring plan and new transformation plan, accounting for €3.1 million overall. The debt remained more or less on a par with 2016, with €8.5 million in cash.
Natra, the multinational producer of chocolate and cocoa goods has participated in the 34th edition of Anuga, the largest business platform in the food industry. During its five days, the company has presented in Cologne a new portfolio in which innovation has played a key role, highlighting the Group’s commitment towards organic, premium and convenience products.
On the 16th and 17th of May, Natra was present at the PLMA’s World of Private Label trade fair held in Amsterdam (Netherlands). This trade fair, organised by the Private Label Manufacturers Association, is the main annual meeting point for large-scale European distribution where retail sellers and manufacturers in the food sector come together.
Consolidated results for the first quarter show a significant improvement over the Company's Budget, which is aligned with the Strategic Plan approved in the Financing Agreement for 2017, thanks to the increase in activity in the Industrial Division, the improvement of Margin in the Consumption Division and control of costs in general in all Plants.
The ISM trade fair is the most significant international gathering in the confectionary industry. The Spanish multinational company is following the market's trends in its product innovations: convenience for the countlines category, sustainability for spreads, and Premium for the Belgian specialities.
Natra, a multinational company dedicated to the manufacture of chocolate and cocoa derivatives, has confirmed its attendance at the world's largest sweets and snacks trade fair —ISM 2017—, where it will exhibit its new product line for 2017.
For the fifth consecutive year, Natra has lent its support to a project that the Amigó Foundation has developed in Côte d'Ivoire, which offers educational support to children at risk of social exclusion.
Natra was present for the 36th edition of the PLMA in Chicago, a trade show focused on the North-American market for private labels (Distributor Brands) and which took place on the 13th, 14th, and 15th of November.