Bonduelle Group's revenue for the first half of the 2025-2026 fiscal year reached €1.111 billion, representing a 0.3% increase on a like-for-like basis but a 0.7% decline on a reported basis. This performance, achieved in a challenging consumer environment in both Europe and the United States, was driven by the growth of the Cassegrain brand in France, the Bonduelle brand in emerging markets, as well as increased sales of private label products in Europe following the introduction of tariffs on Chinese corn imports.
For this half-year period, Bonduelle reported current operating income of €50.5 million at current exchange rates, corresponding to an operating margin of 4.5%, compared to €48 million and 4.3% in the previous fiscal year. This reflects a 5.1% increase on a reported basis and a 2.2% decrease at constant exchange rates.
After accounting for financial results, tax expenses, and income from equity-accounted investments, the net income from continuing operations for the group during this period rose to €20.4 million, representing 1.8% of revenue, compared to €17.2 million in the same period of the previous year.
The consolidated net result showed a significant improvement, reaching €56.5 million versus a loss of €5 million in the previous fiscal year, driven by improved results from continuing operations and rigorous management of the business portfolio.
Bonduelle specializes in the production and marketing of processed vegetables for distribution to the general public, restaurants and industry. Products are sold under the brands Bonduelle, Cassegrain, Arctic Gardens, Globus, Ready Pac and Del Monte. Net sales break down by family of products as follows:
- canned vegetables (48.6%);
- fresh products (37.9%; No. 1 in Europe): prepared salads (mixed salads, tabouli, etc.), fresh ready-to-eat salads, etc.
- frozen vegetables (13.5%).
At the end of June 2025, the group had 47 production sites worldwide.
Net sales are distributed geographically as follows: France (31.9%), Germany (6.3%), Southern Europe (12.1%), the United States (26.3%), Eurasia (9.7%), Central and Eastern Europe (6.3%), Northern Europe (4.7%) and other (2.7%).
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