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LOUP Societe Ldc SA News Story

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LDC shares jump as FY earnings beat guidance

BUZZ-LDC shares jump as FY earnings beat guidance

** Shares in LDC LOUP.PA jump 5.5% after Europe's largest poultry producer reported full-year EBITDA above their guidance

** The group posted EBITDA of €719.7 million ($835.72 million), versus prior guidance of €560 million euros

** Portzamparc says strong sales at the end of the year helped LDC exceed its full-year earnings target

** The broker adds that LDC's 2030/2031 revenue guidance looks conservative, considering expected volume and pricing benefits as well as acquisitions already completed

** If gains hold, the shares are up almost 34% YTD

($1 = 0.8612 euros)


(Reporting by Lucie Barbier)

((Email: lucie.barbier@thomsonreuters.com))

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