Limited growth, unfavorable climate to hit Bonduelle's FY 2019-2020 results

Bonduelle SA

30/09/2019 06:46

Sept 30 (Reuters) - French vegetable producer Bonduelle  BOND.PA  forecast
its 2019-2020 financial year will be impacted by limited growth, unfavorable
climate and the impact of inflationary costs, after reporting a flat
year-on-year net profit on Monday amid a difficult 2018 crop year.
    Bonduelle group consolidated net profit for the full-year of 2018-19 rose
0.3% to 72.6 million euros ($79.4 million), the company said in a statement.
    It expects next year will see a moderate revenue growth of 1.5% to 2.5% and 
current operating profit within a range of 115 to 118 million euros.
($1 = 0.9143 euros)

 (Reporting by Pawel Goraj; Editing by Muralikumar Anantharaman)
 ((pawel.goraj@tr.com ; +48 58 7720560; Reuters Messaging:
pawel.goraj.reuters.com@reuters.net ));))