(Boursier.com) — LDC stands at 137 euros, while the turnover for the 2023-2024 financial year amounted to 6,198.4 ME, up 6% compared to the 2022-2023 financial year. Marketed volumes increased slightly to +0.3%. On an identical basis and constant exchange rate, turnover increased by 3% to €6,019.5 million, associated with volumes sold which were generally stable at -0.2%.
In accordance with its commitments, LDC has relaunched its promotional efforts and continued to reduce prices in the poultry sector. In this context, turnover for the fourth quarter of 2023-2024 increased by 1.6% to €1,645.4 million with volumes up 4.6% compared to the fourth quarter of 2022-2023. On an identical basis and constant exchange rate, sales were down 1.5% in value with volumes up 3.6%.
In view of the good performance of the financial year and thanks to end-of-year celebrations in line with expectations, the group confirms its ability to achieve a current operating profit of more than €350 million. In the medium term, LDC also confirms all of the objectives set as part of its strategic plan…
Portzamparc speaks of a “good performance” and an upward revision of the forecasts of ROC (365.1 ME) and RNpdg (279.6 ME). Enough to stay on the purchase while aiming for a price of 160 euros.
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