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2017-2018-Annual results

For the fiscal year ended 30 June 2018, the Bonduelle Group reported revenues of 2,776.6 million of euros, an increase of +21.4%, due to the full year consolidation of the Ready Pac Foods acquisition and the resilience of the historical scope of the group’s business(1). The current operating income up to +14.2% also hit a record high for the group.

While dilutive to the group’s current operating margin on a full year basis, the profitability of Ready Pac Foods, now Bonduelle Fresh Americas, significantly improved over the second half of the fiscal year as anticipated. The historical scope of the group’s business(1) recorded growth of +6.4% for its current operating income at constant exchange rates.

This good operational and financial performance, achieved in a still sluggish consumer environment in Europe and USA and in a slow, but improving one in Eastern Europe, demonstrates the validity of the group's business model, diversified geographically, in business segments (canned, frozen, fresh ready-to-eat), and in distribution networks (retail and food service), coupled with a growth strategy that combines organic growth and acquisitions.

The completion of the acquisition of the Del Monte business in Canada highlights the group's ambition for development in plant-based products.

Read the financial notice

RP carrées Netco Group
63, rue d'Angleterre
59000 Lille

Vanessa VAZZAZ : 03 28 52 07 42
www.rp-carrees.com


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Bonduelle group

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