Bonduelle: the objectives will not be met











Photo credit © Bonduelle


(Boursier.com) — The Group Bonduelle indicates that, given the first activity indicators for the 4th quarter of the 2021-2022 financial year, on the one hand, an unprecedented wave of inflation affecting all cost components and accentuating over the period On the other hand, and lastly, a recovery that has begun but is more difficult than expected in its fresh products business in North America, the growth in sales and current operating margin should be below target.

Bonduelle had previously communicated on +3% in turnover and +3.6% in current operating margin at constant scope and exchange rates for the entire financial year.

The difficulties encountered by the Bonduelle Fresh Americas ‘business unit’ lead 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 of this activity .


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