LDC: buoyant after its annual results
Sales for the agri-food group specializing in poultry rose by 15.3% to 5.85 billion euros, despite a 5.6% drop in volumes, offset by the effects of price increases.
At the AGM on August 24, the Management Board will propose a dividend of 2.70 euros per share, compared with two euros previously. For the 2023-24 financial year, LDC is targeting sales in excess of six billion euros and an operating margin of around 5%.
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