Brief: Bonduelle Sees Revenue, Margin Growth Below FY Guidance

Bonduelle SA

11/07/2022 17:09

July 11 (Reuters) - Bonduelle SA  BOND.PA :
    * ACTIVITY AND PROFITABILITY EXPECTED BELOW TARGET FOR
2021-2022
AND FAIR VALUE OF THE NORTH AMERICA FRESH BUSINESS ASSETS UNDER
REVIEW
    * GROWTH IN REVENUES AND CURRENT OPERATING MARGIN SHOULD BE
BELOW
COMMUNICATED GUIDANCES OF RESPECTIVELY +3% AND 3.6% ON A
LIKE-FOR-LIKE BASIS FOR FULL YEAR
    * DIFFICULTIES ENCOUNTERED BY THE BONDUELLE FRESH AMERICAS
BUSINESS UNIT LEAD GROUP TO REVIEW ITS MEDIUM-TERM PROFITABILITY
PROSPECTS, WHICH MAY RESULT IN THE IMPAIRMENT OF TANGIBLE AND/OR
INTANGIBLE ASSETS AND DEFERRED TAX ASSETS OF THIS BUSINESS

Source text for Eikon:  ID:nGNE48zvHx 
Further company coverage:  BOND.PA 

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