Annual results

2022-2023 Financial year

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2

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Introduction

Financial performance

Extra-financial performance

Outlook

Appendix

  • INTRODUCTION

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Xavier Unkovic

Chief Executive Officer of the Bonduelle Group since June 1, 2023

A company that is developing while remaining true to its roots

A family-owned

A mission of

Iconic and

Strong links with

group, pioneers in

remarkable

agricultural

innovative brands

plant-based food,

modernity

production and solid

that is celebrating its

and high impact

agro-industrial

170th anniversary

expertise

"Inspire the transition

toward a plant-based diet, to

contribute to people's

well-being and planet health"

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Bonduelle posts a real growth momentum

Significant

Increase in current

revenue growth

operating income

+9.2%* +24.8%*

vs 21/22

vs 21/22

+5.0% at constant

exchange rates

*as reported

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The inflationary context is

Our activities in Russia

affecting consumption

are under pressure

Risk of business continuity and administrative and operational difficulties

Compliance with local and international regulations

Empowerment of operations under the group's monitoring

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But the financial performance remains insufficient

Our challenges

Growth in activity driven by price rises

Very limited profitability

Return on capital employed significantly below the cost of capital

Our responses

Recovery in the commercial and industrial performance of the fresh activity and in North America

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Bonduelle is operating in growing markets

Flexitarianism is an underlying trend that is becoming widespread

+68%

declare reducing their meat consumption

1 in 5 people

declare being "flexitarian all year round"

IPSOS Sept 2023 - 8 pays GER, NL, FRA, UK, US, IT, PL, RUs

In Europe, the

+

7

%

volume of pulses

has grown by

Nielsen 2023 vs precovid

30% prefer restaurants that offer a vegetarian option

The NPD Group - Sept 22

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  • FINANCIAL PERFORMANCE

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Bonduelle SA published this content on 24 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2023 10:59:44 UTC.