Bonduelle has published sales of 1213 ME for the 1st half of 23/24, down 2.4% year-on-year.

At the same time, operating income before non-recurring items came in at 38.5 ME (-10.7%), with an operating margin down to 3.2% from 3.5% a year earlier.

Consolidated net income came to 4.5 ME, down 77.4% on the 1st half 22/23.

The Bonduelle Group, like the rest of the agri-food industry, is operating in a general context of declining consumption, which is weighing on sales volumes, and inflation in production costs, partly offset by limited price increases", states the press release.

The Group nevertheless confirms its sales growth targets of around 5% and an increase in operating profit on ordinary activities of around 15%, on a like-for-like basis.


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