BONDUELLE - First Quarter Financial Year 2013-2014 Turnover : Activity in line with the annual objectives
(Thomson Reuters ONE) -
BONDUELLE
A French SCA (Partnership Limited by Shares) with a capital of 56,000,000 Euros
- Head Offices: La Woestyne 59173 Renescure, France
Business registration number: B 447 250 044 (Dunkerque Registrar of Businesses)
- finance(at)bonduelle.com
First Quarter FY 2013-2014 Turnover
(1(st )of July - 30(th) of September 2013)
Activity in line with the annual objectives: + 4.4%*
The group turnover stands at ?451.7 million for the first quarter of FY
2013-2014, compared with ?448.4 million last FY, an increase of + 4.4% on a like
for like basis* and + 0.7% on reported figures, after adjustment for scope of
consolidation (- 0.8%) and currency exchange rates (- 2.8%).
Activity by geographical area
+-----------------+--------------+-------------+-------------+-----------------+
| Total |From July 1 to|From July 1 |Variation at | Variation at |
| consolidated | September 30 |to September | current | constant scopes |
| turnover | 2013 | 30 | exchange |of consolidation |
| (in millions of | | 2012 | rates | and exchange |
| euros) | | | | rates |
+-----------------+--------------+-------------+-------------+-----------------+
|Europe Zone | 303.7 | 298.4 | + 1.7% | + 3.1% |
+-----------------+--------------+-------------+-------------+-----------------+
|Non-Europe Zone | 148.- | 150.- | - 1.3% | + 7.2% |
+-----------------+--------------+-------------+-------------+-----------------+
|Total | 451.7 | 448.4 | + 0.7% | + 4.4% |
+-----------------+--------------+-------------+-------------+-----------------+
Activity by business operating segments
+-----------------+--------------+-------------+-------------+-----------------+
| Total |From July 1 to|From July 1 |Variation at | Variation at |
| consolidated | September 30 |to September | current | constant scopes |
| turnover | 2013 | 30 | exchange |of consolidation |
| (in millions of | | 2012 | rates | and exchange |
| euros) | | | | rates |
+-----------------+--------------+-------------+-------------+-----------------+
|Canned | 233.4 | 220.- | + 6.1% | + 8.6% |
+-----------------+--------------+-------------+-------------+-----------------+
|Frozen | 126.- | 131.6 | - 4.3% | + 1.9% |
+-----------------+--------------+-------------+-------------+-----------------+
|Fresh processed | 92.3 | 96.8 | - 4.7% | - 2.1% |
+-----------------+--------------+-------------+-------------+-----------------+
|Total | 451.7 | 448.4 | + 0.7% | + 4.4% |
+-----------------+--------------+-------------+-------------+-----------------+
Europe Zone
In the Europe Zone, the growth increased by + 3.1% on a like for like basis*.
This performance is essentially the result of some favorable base effects, but
also, thanks to the success of the innovations in the canned and frozen segments
for the brands of the group.
The fresh processed operating segment (fresh-cut packaged salads and
delicatessen) remains negatively oriented, especially in Italy.
Excluding one-off events, no meaningful consumption recovery for the markets and
categories served can be observed.
Non-Europe Zone
Outside the Europe Zone, the growth continues to be highly satisfactory + 7.2%
on a like for like basis*.
The sales recovery in Canada and the sales increase in the USA, following the
acquisition of Allens, are confirmed for this quarter. The activity in emerging
countries (Russia and CIS, Brazil) remains pretty dynamic.
Outlooks
The level of activity registered over the first quarter, in the various areas,
validates the annual turnover growth objectives (+ 3 to 5% at constant exchange
rates).
The early autumn frosts observed in Hungary and Russia, at the beginning of
October, are confirming a 2013 negative crop year in terms of volume for the
European continent. On the other hand, Northern America benefitted from a very
favorable autumn weather.
* at constant currency exchange rate and scope of consolidation basis
Next financial events:
- General Annual Meeting : 5(th) of December 2013
- 2013/2014 Half Year Turnover : 6(th) of February 2014
(prior to stock exchange trading session)
- 2013/2014 Half Year Results : 26(th) of February 2014
(prior to stock exchange trading session)
About Bonduelle
Bonduelle is the world leader of ready to eat vegetable in all their shapes and
forms using all kind of technologies (canned, frozen, fresh prepared) with
national brands (Bonduelle, Cassegrain, Arctic Gardens, Globus) and private
labels for retailers and food service. Bonduelle stands as an agro-industrial
player of reference with over 50 agro-industrial sites, selling in 100
countries.
Bonduelle is listed on the NYSE - Euronext compartment B - Indices: CAC MID &
SMALL - CAC ALL-TRADABLE - CAC ALL SHARES
Code ISIN: FR0000063935 - Code Reuters: BOND.PA - Code Bloomberg: BON FP
AvisFinancier131107enGB:
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originality of the information contained therein.
Source: BONDUELLE via Thomson Reuters ONE
[HUG#1740938]
Unternehmensinformation / Kurzprofil:
Datum: 07.11.2013 - 07:03 Uhr
Sprache: Deutsch
News-ID 313701
Anzahl Zeichen: 6805
contact information:
Town:
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