BONDUELLE
Partnership limited by shares with a capital of
57,102,699.50
euros
Head office: “La Woestyne” 59173 – Renescure
RCS
Dunkirk
447,250
044
Expected activity and profitability below target for 2021-2022
and
asset value of the fresh business in North America under review
The Bonduelle Group indicates that, given the first activity indicators for the 4
th
quarter of the 2021-2022 financial year on the one hand, an unprecedented wave of inflation affecting all cost components and accentuated over the period on the other hand, and finally a recovery that has begun but is more difficult than expected for its fresh activities in North America, growth in sales and current operating margin should fall below the communicated objectives of +3% and +3.6% respectively at constant scope and exchange rates over the whole exercise.
The difficulties encountered by the Bonduelle Fresh Americas business unit have led the group to review its medium-term profitability outlook, which could lead to an impairment of tangible and/or intangible assets and deferred tax assets for this activity.
Press contacts:
For Bonduelle:
Benjamin Zehnder
– Square PR – Tel: +33 (0)6 76 41 18 19
email: [email protected]
Vanessa VAZZAZ
– Square PR – Tel: +33 (0)6 34 32 24 23
email: [email protected]
About the Bonduelle Group
We want to inspire the transition to plant-based food, to contribute to human well-being and the preservation of
planet. We are a French family business with 11,900 employees and we have been innovating with our farming partners since 1853. Our products are grown on 73,000 hectares and marketed in 100 countries.
Our 4 strong brands are Bonduelle, Ready Pac Foods, Cassegrain and Globus
Bonduelle is listed on Euronext compartment B
clues
Euronext:
CAC MID & SMALL – CAC FOOD PRODUCERS – CAC ALL SHARES
Bonduelle is part of the Gaïa extra-financial performance and IAS (employee shareholding index) indices.
ISIN Code: FR0000063
935 – Reuters code: BOND.PA – Bloomberg code: BON FP
@ Find the news of the group on
Twitter
@
Bonduelle_Group
and its financial news on @
BonduelleCFO
Attachment
CP – revision of objectives 21-22