Brief: Bonduelle FY Revenue Rises +9.2% To EUR 2.4 Bln

Bonduelle SA

01/08/2023 17:07

Aug 1 (Reuters) - Bonduelle SA  BOND.PA :
    * 2022-2023 FINANCIAL YEAR REVENUE
    * CONFIRMATION OF RESULT AND CURRENT OPERATING MARGIN
IMPROVEMENT
OBJECTIVE
    * RESILIENT SALES VOLUMES AGAINST A BACKDROP OF NEGATIVE
MARKET
TRENDS
    * 2021-2022 INCOME STATEMENT ITEMS RELATING TO NORTH
AMERICAN
CANNED AND FROZEN ACTIVITIES, WHICH WERE SOLD ON JUNE 30, 2022
    * FOR SAFETY REASONS, THE RUSSIAN FROZEN PLANT IN BELGOROD
HAS
BEEN SHUT DOWN FOR THE 2023 HARVEST, WITH THE PROCESSING
ACTIVITY BEING OUTSOURCED DURING THIS PERIOD
    * OUTLOOK: BONDUELLE GROUP CONFIRMS ITS OBJECTIVE OF
IMPROVEMENT
OF CURRENT OPERATING INCOME AND MARGIN FOR FY 2022-2023
    * REVENUE STANDS FOR FY 2022-2023 AT EUR 2,406.2 MILLION, A
CHANGE
FROM PREVIOUS FINANCIAL YEAR OF +9.2%
    * QUARTER 4 POSTED A GROWTH OF +4.0% ON A LIKE FOR LIKE
BASIS* AND
+5.2% ON REPORTED FIGURES HIGHLIGHTING A SLOWDOWN IN CONSUMPTION
AT END OF YEAR AND MITIGATION OF CURRENCY IMPACTS.

Source text for Eikon:  ID:nGNEbwgT2z 
Further company coverage:  BOND.PA 

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