BONDUELLE - First Quarter FY 2016-2017 Turnover: Sustained growth of the activity
(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: 447 250 044 (Dunkerque Registrar of Businesses)
First Quarter FY 2016-2017 Turnover
(1(st) of July - 30(th) of September 2016)
Sustained growth of the activity over Q1
for the Bonduelle Group
The Bonduelle Group's turnover stands for Q1 of FY 2016-2017 at 479.8 million of
Euro, an increase of + 4.6% on a like for like basis* and + 3.7% based on
reported figures after taking into account the negative impact of foreign
exchange rates.
Activity by Geographic Region
+-----------------+--------------+-------------+-------------+-----------------+
| Total |From 1(st) of |From 1(st) of|Variation at | |
| consolidated | July to | July to | current |Constant scope of|
| turnover (in ? | 30(th) of | 30(th) of | exchange |consolidation and|
| millions) |September 2016| September | rates | exchange rates |
| | | 2015 | | |
+-----------------+--------------+-------------+-------------+-----------------+
|Europe Zone | 314.1 | 311.8 | 0.7% | 0.8% |
+-----------------+--------------+-------------+-------------+-----------------+
|Non-Europe Zone | 165.7 | 151.1 | 9.7% | 12.5% |
+-----------------+--------------+-------------+-------------+-----------------+
|Total | 479.8 | 462.9 | 3.7% | 4.6% |
+-----------------+--------------+-------------+-------------+-----------------+
Activity by Operating Segments
+-----------------+--------------+-------------+-------------+-----------------+
| Total |From 1(st) of |From 1(st) of|Variation at | |
| consolidated | July to | July to | current |Constant scope of|
| turnover (in ? | 30(th) of | 30(th) of | exchange |consolidation and|
| millions) |September 2016| September | rates | exchange rates |
| | | 2015 | | |
+-----------------+--------------+-------------+-------------+-----------------+
|Canned | 221.1 | 217.- | 1.9% | 3.-% |
+-----------------+--------------+-------------+-------------+-----------------+
|Frozen | 148.4 | 136.8 | 8.5% | 10.-% |
+-----------------+--------------+-------------+-------------+-----------------+
|Fresh Processed | 110.3 | 109.1 | 1.-% | 1.-% |
+-----------------+--------------+-------------+-------------+-----------------+
|Total | 479.8 | 462.9 |3.7% | 4.6% |
+-----------------+--------------+-------------+-------------+-----------------+
Europe Zone
The Europe zone returned to growth over Q1 to record an increase of + 0.8% on a
like for like basis* and + 0.7% based on reported figures. The 3 operating
segments - canned, frozen and fresh processed - achieved positive growth over
the period, driven by the good sales performance of the national brands
(Bonduelle, Cassegrain), the food-service market recovery for frozen products
and despite the lowering of prices for private labels products implemented in
summer 2015 which will continue to have an impact on the turnover trend until
the end of the first half of FY 2016-2017.
Non-Europe Zone
The non-Europe zone recorded a double-digit growth rate at + 12.5% on a like for
like basis* and + 9.7% based on reported figures, notably fuelled by the
excellent performances observed in North America and the early encouraging
results of the Bonduelle branded canned range repositioning in Brazil.
In Eastern Europe, even if the activity remained pretty volatile over a quarter
that is traditionally weaker, the activity of the Bonduelle and Globus brands
recorded an encouraging increase in volume over the period.
Highlight
The Bonduelle Group, whose 2015-2016 sustainability report on corporate social
and environmental responsibility complies with the Global Reporting Initiative
(GRI) requirements, has once again been included into the Gaïa Index, a
benchmark index on CSR performance of French medium size companies. Part of the
index since it was set up in 2009, the Bonduelle Group is ranked 13(th) out of
230 companies and saw its overall rating upgraded with an index reaching
90/100, translating the progress made by the group in terms of safety at work,
preservation of natural resources and communication with shareholders.
Outlooks
The growth recorded over Q1, enjoying favourable comparison bases, enables to
confirm the activity growth objectives of + 2 to 3% with a stability of the
operating profitability over FY 2016-2017 at constant exchange rates.
(*) At constant scope of consolidation and exchange rates
Next financial events:
- Annual General Meeting: 1(st) of December 2016
- 2016-2017 1(st) Half Year Turnover: 1(st) of
February 2017 (after stock exchange trading session)
- 2016-2017 1(st) Half Year Results: 2(nd) of March 2017
(prior to stock exchange trading session)
About Bonduelle
Bonduelle, a family business, was established in 1853. Its mission is to be the
world reference in "well-living" through vegetable products. Prioritising
innovation and long-term vision, the group is diversifying its operations and
geographical presence. Its vegetable, grown over 128.000 hectares all over the
world, are sold in 100 countries under various brand names and through various
distribution channels and technologies. Expert in agro-industry with 54
industrial sites or own agricultural production, Bonduelle produces quality
products by selecting the best crop areas close to its customers.
Bonduelle is listed on Euronext compartment B
Euronext indices: CAC MID & SMALL - CAC ALL TRADABLE - CAC ALL SHARES
Bonduelle is part of the Gaïa non-financial performance index and employee
shareholder index (I.A.S.)
Code ISIN : FR0000063935 - Code Reuters : BOND.PA - Code Bloomberg : BON FP
First Quarter FY 2016-2017 Turnover:
http://hugin.info/143377/R/2053588/768612.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: BONDUELLE via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 02.11.2016 - 18:00 Uhr
Sprache: Deutsch
News-ID 504530
Anzahl Zeichen: 7797
contact information:
Town:
Villeneuve
Kategorie:
Business News
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