Madrid, Oct 3 - Spanish food group Ebro Puleva has warned that European Union reform of the sugar sector will force it to "substantially" reduce its Azucarera Ebro unit's volume of business, Spanish newspapers reported on Wednesday.
Newspaper Cinco Dias reported the company as saying that 50 percent of production at the division would have to be cut.
Nobody at the company was immediately available to comment on the reports.
Last year, Azucarera's revenue rose 5.9 percent to 697 million euros -- 28 percent of total sales -- while earnings before interest, tax, depreciation and amortisation stood at 97 million.
Ebro Puleva shares fell 1.6 percent to 14.28 euros on Tuesday.