(Boursier.com) — The annual turnover ofUnibel amounted to 3,595.1 ME, representing strong organic growth of +13.2%, supported by the Group’s strategic choices:
Acceleration in new territories with another year of record growth in fruit business across all geographies and China: 28.5%;
Resilience in mature markets thanks to a good performance by the Babybel and Boursin brands and strong growth in the North American markets of 8.9%.
The increase in annual turnover in published data is +6.4%, compared to a 2021 base including a scope including the Leerdammer brand sold at the end of September to Lactalis.
Turnover for the 2nd half came to 1,912.4 ME, an organic increase of +15.3%.
Cécile Béliot, Chief Executive Officer of the Bel group, declared: “In an unprecedented crisis context, the Bel group recorded strong organic growth of 13.2%, thus confirming its dynamism in its new growth territories and the resilience of the volumes of its cheese business in mature markets. Responsible management of price increases has enabled the Bel group to offset a large part of inflation but also to support the group’s good performance. This demonstrates consumers’ attachment to our iconic brands and the confidence of our distributor partners, despite the economic climate.These results are also a new illustration of the relevance of our strategic choices, in particular the development of our Fruit category and our acceleration in China and the US.Faced with a still uncertain situation, Bel s will rely on the quality of its teams, its popular brands, its industrial agility and its financial solidity to pursue its growth while remaining faithful to its mission to offer healthier and responsible food for all”.
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