(CercleFinance.com) – LDC announces for the first half of its 2022-23 financial year (March to the end of August 2022), sales of nearly 2.74 billion euros, up 14.2% (+13, 2% at constant scope and exchange rates) despite volumes down 3.3% (-4.2% at identical scope).
“The tariff increases obtained in poultry in France and internationally have made it possible to offset the consequences of this unprecedented situation”, explains the agri-food group specializing in poultry.
LDC therefore expects an “expected resistance of the current operating margin rate”, but warns that for the second half, “vigilance will remain in order in a strongly inflationary context resulting in uncertainty linked to consumption”.
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