(AOF) – Over this first half of the 2023-2024 financial year, the Bonduelle group posts current operating income of 38.5 million euros at current exchange rates and 50.5 million euros at current exchange rates. constant. This stood at 43.1 million euros a year ago at the same period. “This corresponds to an increase of +17.1% in current operating profit, i.e. a current operating margin of 3.9% on a comparable basis and 3.2% on a published basis,” explains Bonduelle. The net profit of the entire consolidated group for this first half stood at 4.5 million euros.
The net result was 20 million euros a year earlier at the same period.
Its turnover for this first half stood at 1.21 billion euros compared to 1.24 billion euros a year ago for the same period, an increase of + 4.5% on a comparable basis. and 2.4% in published data.
The General Meeting of the Bonduelle group held on December 7, 2023 approved the payment of a dividend of 0.25 euros per share, with effective payment made on January 4, 2024.
Taking into account the performance recorded in the first half, Bonduelle confirms its objectives of revenue growth of around 5% and progression in current operating profit of around 15%, on a like-for-like basis, announced in October 2023.
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Soaring energy prices and a call for help
In the past, energy represented a fixed cost of 3% of turnover. This year, this percentage rises to 5% or even 7% for VSE-SMEs, according to Ania (National Association of Food Industries. Professionals are very worried because until the end of 2022 they generally benefit from coverage to cushion these increases However, they are not renewed for 2023 and after. Consequently, 25 of the main inter-professional organizations (Intercéales, Inaporc, Semae, etc.) are calling on the State for help in the face of the erosion of their margins and their capacity to investment.
The State has proposed several devices, including an “electricity shock absorber”, which are considered insufficient. The organizations also deplore the failure of European negotiations to achieve a price shield to avoid distortions of competition. Agriculture and agri-food demand a maximum ceiling price of €180/MWh while many companies buy at prices above €500/MWh on the French market.