Brief: Bonduelle Eyes Stable FY Current Operating Margin Y/Y

Bonduelle SA

04/03/2022 06:12

March 4 (Reuters) - BONDUELLE  BOND.PA :
    * FIRST HALF YEAR 2021-2022 FINANCIAL RESULTS: STABILITY OF
THE
ACTIVITY AND LOWER PROFITABILITY IN THE FIRST HALF OF THE FY
    * OVERALL STABILITY OF SALES IN FIRST HALF AND
DIFFERENTIATED
DEVELOPMENT OF DISTRIBUTION CHANNELS
    * REVENUE GROWTH AND CURRENT OPERATING MARGIN STABILITY
EXPECTED
FOR FY 2021-2022
    * IMPACTS OF UKRAINE-RUSSIA CONFLICT DIFFICULT TO QUANTIFY
AT THIS
STAGE
    * GEOPOLITICAL CONTEXT RESULTING FROM CONFLICT BETWEEN
UKRAINE AND
RUSSIA WILL INFLUENCE THIS SCENARIO, ALTHOUGH IT IS NOT POSSIBLE
AT THIS STAGE TO ESTIMATE IMPACTS
    * REGARDING OUR OPERATIONS IN RUSSIA, WE CONTINUE TO ADAPT
OUR
MODUS OPERANDI IN ACCORDANCE WITH MEASURES IMPLEMENTED BY
VARIOUS AUTHORITIES INVOLVED
    * CURRENT OPERATING PROFITABILITY OF BONDUELLE GROUP, FOR
FIRST
HALF OF FINANCIAL YEAR 2021-2022 STANDS AT EUR 46.5 MILLION
    * REVENUE STANDS FOR 1ST HALF OF FY 2021-2022 AT EUR 1,442.8
MILLION AGAINST EUR 1,441.5 MILLION LAST FINANCIAL YEAR OVER
SAME PERIOD
    * IN UKRAINE, ALL EMPLOYEES AND THEIR FAMILIES ARE CURRENTLY
SAFE,
ALL COMMERCIAL ACTIVITY, GIVEN CIRCUMSTANCES, HAS BEEN
INTERRUPTED
    * IN RUSSIA, 3 VEGETABLE PROCESSING PLANTS ARE IN OPERATION
    * CONSOLIDATED NET INCOME IN HY EUR 24 MLN VS EUR 31.9 MLN
YR AGO

Source text for Eikon:  ID:nGNE7Yz07Z 
Further company coverage:  BOND.PA 

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