Being t he most resilient group p ossible is our goal in t he short term, to deal with the health crisis uncertainties. And, to prepare t he medium and long terms, we have updated our 5 -year strategic roadmap. A nchored in our fundamentals, it puts in particular t wo strong ambitions: to become a p ositive impact company and reaffirm our financial objectives.
Plant-based food is a hot trend. This trend is driven by consumers’ desire for safer, healthier, more accessible and environmentally-friendly food. There is an enormous opportunity for growth. Our brand market shares are increasing and our ranges are expanding.
Thanks to solid internal growth, as well as a favorable currency effect and the consolidation of Ready Pac Foods as of March 21st, 2017, the 2016-2017 revenue exceeded 2 billion euros for the first time ever (a 16.3% increase in reported figures).
The Group recorded growth of 2.4% at constant scope and exchange rates, exceeding the 2% target previously announced. This excellent performance was achieved in an extremely unstable environment.
Many historical highs were broken in 2014-2015, revealing the success of the Bonduelle Group’s brands in Europe and the strength of its international development strategy. The growth and profitability targets, which were already raised during the year, were exceeded, demonstrating our responsiveness and flexibility in a particularly complex geopolitical, monetary and consumer environment.
2013-2014 was a year of consolidation for the group, following the acquisitions made in Spring 2012 (Hungary, USA, Russia). Results exceeded expectations and this strong performance was repeated both in the Europe zone and in the Americas.
After a marked increase of profitability in 2011-2012 (current operating income up 42%), the group experienced strong growth again in 2012-2013 with revenue up 7.3% (130 million), mainly outside of Europe.
The year 2011-2012 will have witnessed a return to profitability (after the exceptional drop in 2010-2011), as well as an increase in scopes of consolidation, which are undoubtedly valuable for the future.
Particulary active on all levels, 2010-2011 saw a significant growth in sales (+10.7 %) and earnings down but in line with the forecasts. This give a very solid foundation for the 2011-2012 financial year.