Bonduelle falls after downgrade in annual profitability targets

Bonduelle SA

27/02/2026 08:28

** Shares in Bonduelle BOND.PA fall more than 7% after the French food producer cut its profitability targets for the 2025-2026 financial year

** Bonduelle now sees operating profitability of 80 million euros ($94.53 million) for the year, down from previous outlook of 90 million euros

** Bonduelle cites delayed EU regulation of corn imports from China, pressure from private label brands on prices and an agricultural crisis in the United States

** "Our cautious stance on the stock is therefore confirmed by this announcement," TP ICAP Midcap says

** The broker cuts rating to "sell" from "hold" and maintains its PT of 8.6 euros, which is about 11% below Bonduelle's Friday trading price of 9.5 euros

** Stock set for its worst day since July 2022, if losses persist

($1 = 0.8463 euros)

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))