(AOF) – In the third quarter of 2023-2024, LDC reported an increase of 2.6% in its turnover, reaching 1.530 billion euros with volumes up 0.4 % compared to the third quarter of 2022-2023. Internationally, the turnover of the agri-food group specializing in poultry processing amounted to 186.2 million euros, down 7.9% with volumes increasing by 0.5%.
Given that the end-of-year celebrations were generally in line with expectations, the group confirms its ambition to exceed 6 billion euros in turnover associated with a current operating profit of more than 350 million euros.
In the medium term, LDC also confirms all the objectives set as part of its strategic plan: reaching the milestone of 7 billion euros in turnover within 5 years.
This new dimension must be accompanied by an increase in profitability with a target of nearly 560 million euros in Ebitda for the 2026-2027 financial year, an increase of 40% compared to 2021-2022.
Following on from the negotiations announced on October 11, 2023 with the Agromousquetaires Group, LDC announces the acquisition of the Délices de Saint Léonard factory.
This factory located in Theix in Morbihan specializes in fresh and frozen sandwiches, pizzas, pancakes, quiches and tarts. It achieved a 2022 turnover of slightly less than 50 million euros.
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