Brief: Groupe LDC FY Turnover Up At EUR 5.1 Billion

Societe Ldc SA

07/04/2022 17:33

April 7 (Reuters) - Societe LDC SA  LOUP.PA :
    * FY TURNOVER EUR 5.1 BILLION VERSUS EUR 4.4 BILLION YEAR
AGO
    * FY RESULTS IN LINE WITH OBJECTIVES
    * IS CONFIDENT OF POSTING CURRENT OPERATING INCOME SLIGHTLY
ABOVE
THE TARGET OF €200 MILLION PRESENTED IN THE HALF-YEAR RESULTS
    * OUTLOOK 2022-2023:  SOLID, MOBILIZED GROUP FACING START OF
YEAR
MARKED BY DIFFICULT BUSINESS CONDITIONS
    * OUTLOOK 2022-2023: BELIEVES IT CAN CONTAIN DECLINE IN ITS
AVAILABLE VOLUMES BY AROUND 20% OVER PERIOD FROM MARCH TO AUGUST
2022
    * OUTLOOK 2022-2023: READY TO DEMONSTRATE RESILIENCE OF ITS
MODEL
IN CUSTOMERS AND CONSUMERS SERVICES, WHILE MAINTAINING BALANCE
OF ITS SUPPLY CHAINS
    * OUTLOOK 2022-2023: FRENCH POULTRY INDUSTRY CURRENTLY
FACING
AVIAN INFLUENZA,  A DROP IN VOLUMES IN THE POULTRY MARKET OF
AROUND 30% IS EXPECTED  FOR THE COMING MONTHS
    * OUTLOOK 2022-2023: FACED WITH THESE DIFFICULT BUSINESS
CONDITIONS, GROUP IS TODAY  FULLY MOBILIZED

Further company coverage:  LOUP.PA 

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