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))