Bonduelle has reported sales of 568.5 million euros for the 1st quarter of its 2023-2024 fiscal year (July-September), up +4.2% on a like-for-like basis and -0.5% on a reported basis.

At constant exchange rates and scope of consolidation, the Canned business grew by 11.8%, ahead of the Frozen business (+9.2%), while the Prepared fresh business was down by 3.7%.

Bonduelle indicates that the business activity observed in the 1st quarter, as well as the results of the summer crop campaigns, do not call into question the objectives communicated at the beginning of October 2023, i.e. sales growth of around 5% and a current operating margin in excess of 3% of sales - both at constant exchange rates.

Copyright (c) 2023 CercleFinance.com. All rights reserved.