Turnover in HY1 of FY 2009-2010 up 3.5%

Finalisation of the agreement with BUTLER CAPITAL PARTNERS for the acquisition of FRANCE CHAMPIGNON

Turnover for the first half-year (July 1st - December 31st, 2009) stood at 760 million euros, up 3.5 % at constant foreign-exchange rates. Changes in scope of consolidation—through various acquisitions conducted in FY 2008-2009 (the canned-vegetables producer, La Corbeille; Family Tradition; Omstead Food), coupled with the deconsolidation of Gelagri's distributor-brand frozen-vegetables operations—impacted favourably on turnover, accounting for 3.4 % of the figure.

On a like-for-like basis, quarterly sales were up 0.4 % as opposed to a 0.1 % decline in Q1.

Turnover in HY1 of FY 2009-2010 up 3.5%