LDC has published cumulative sales for the first nine months of its 2023-24 fiscal year, up 7.7% to 4.55 billion euros (-1.1% in volume). On a like-for-like basis, sales rose by 4.8%, despite a 1.4% drop in volumes.

In an environment of persistent pressure on purchasing power, LDC has continued to cut prices in the poultry division in line with the fall in raw material prices, and has relaunched its promotional efforts in order to boost volume growth.

In view of the fact that the end-of-year festive season was broadly in line with expectations, the agri-food group confirms its annual ambition to exceed six billion euros in sales, with operating income before non-recurring items in excess of 350 million euros.

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