Bonduel-Revenue in the third quarter of 2021-2022: Business growth in line with annual targets-May 2, 2022 6:00 pm

Bonduel

The capital is

57,102,699.50

EUR


Headquarters: “La Woestyne” 59173-Renescure


RCS

Dunkirk

447,250

044

3 sales


th


Quarter from 2021 to 2022


(1


er


January-March 31, 2022)

Business growth in line with the annual target

Various activities of the group and regional growth

range

By the dynamism of the food service industry and a favorable foundation of comparison

3 sales

th

The Bonduel Group’s 2021-202 fiscal year quarter was € 725.9 million, + 7.6% in reported data and + 4.-% after currency considerations compared to the previous year. It was similar *. Rate fluctuations, mainly the rise of the US dollar and the Canadian dollar. No scope changes occurred during the quarter. Sales for the first nine months of the fiscal year increased by + 2.5% on a report basis and + 1.-% on a comparative basis to reach € 2,168.7 million *.

Breakdown of sales by region

Total consolidated sales


(Millions of euros)

9 months 2021 to 2022

9 months 2020-2021

Rate fluctuations


Current exchange rate

Rate fluctuations


At constant exchange rates and boundaries

3


th


Quarter from 2021 to 2022

3


th


Quarter from 2020 to 2021

Rate fluctuations


Current exchange rate

Rate fluctuations


At constant exchange rates and boundaries

Europe region

999.8

955.5

4.6%

4.7%

336,-

307.4

9.3%

9.4%

Regions other than Europe

1,168.9

1,160.6

0.7%

-2.1%

389.9

367.1

6.2%

-0.5%

total

2,168.7

2,116.1

2.5%

1.-%

725.9

674.6

7.6%

Four.-%

Breakdown of sales by business segment

Total consolidated sales


(Millions of euros)

9 months 2021 to 2022

9 months 2020-2021

Rate fluctuations


Current exchange rate

Rate fluctuations


At constant exchange rates and boundaries

3


th


Quarter from 2021 to 2022

3


th


Quarter from 2020 to 2021

Rate fluctuations


Current exchange rate

Rate fluctuations


At constant exchange rates and boundaries

canning

873.6

840.1

Four.-%

2.8%

280.1

251.1

11.6%

9.7%

Fresh frozen

561.7

505.1

11.2%

8.6%

198.7

173.1

14.8%

9.6%

cost

733.5

770.9

-4.9%

-6 .-%

247.1

250.4

-1.3%

-5.6%

total

2,168.7

2,116.1

2.5%

1.-%

725.9

674.6

7.6%

Four.-%

As in the first six months of the fiscal year, activity has returned to a more normalized growth rate, curbing demand for mass distribution and sustained growth in out-of-home catering supported by favorable comparison criteria throughout the quarter. Is a feature.

Europe region


The European Zone, which accounted for 46.1% of activity at the end of the first nine months of the fiscal year, showed an overall increase of + 4.6% in published data and + 4.7% in the quarter during this period. Record + 9.3% and + 9.4% increases, respectively.

Both canning, freezing, and freshly prepared activities are increasing both in the first nine months of the fiscal year and in the third quarter.

Long-term retail activity has grown steadily throughout the quarter, especially with the help of preparing for Easter holidays, especially with brands (Bonduel and Cassegrain). Out-of-home catering activities continued to grow strongly, supported by a good comparative base (2).

th

The previous year’s Covid Wave). Similarly, fresh food activities benefited from the recovery of out-of-home catering throughout the quarter. Generally speaking, this third quarter will bring about normalization of activity through distribution channels in Europe.

Regions other than Europe


Revenues outside Europe represent 53.9% of activity in the first nine months, with published data showing + 0.7% and similar * -2.1%.

In North America, the longevity business (canning and freezing) benefited from accelerated out-of-home catering on a favorable comparative basis, while the retail business declined slightly as expected *.

New activities in this zone, as expected, recorded a decrease in the amount associated with strategies to improve the profitability of this activity. Price increases aimed at compensating for observed inflation, negotiated with active customers, confirmed this favorable trend in profitability over the second half of the year.

In the Eurasian Zone, the evolution of activity continues to grow dynamically, as in the previous quarter, for both canned and frozen foods. In Ukraine, the group’s share of sales is very limited, and activities that have been completely suspended due to the country’s aggression have made a slight recovery.


Other important factors

Bonduel situation in Ukraine and Russia


The Bonduel Group believes that it is its responsibility to give people access to essential foods and to do everything possible to avoid causing food shortages. Therefore, as part of its mission, the Bonduel Group ensures the continuity of its activities in Russia, with 145 million Russians as well as 9,000 in neighboring countries supplied by the group’s Russian factories. We also serve meals to all residents.

However, in the current situation, exceptional measures are required.

Therefore, on March 17, with the unanimous support of the controlling shareholders, the board of directors and the board of corporate auditors, the Bonduel Group will use all of the profits sold in Russia during the conflict to rebuild future infrastructure and agriculture. I decided to devote it. Food ecosystems damaged by the Ukrainian conflict.


Outlook 2021-2022

Uncertain health, geopolitical and consumer conditions given the progress of activity during the first nine months of the fiscal year, price changes negotiated or need to be negotiated in light of cost inflation. Nevertheless, the group confirms its business growth target at 3.-%, aiming for stable current operating income compared to the previous year, ie 3.6% of sales at constant exchange rates and boundaries. I am.

* Comparable data, s

Or in a certain range and exchange rate. Currency income for the period is translated at the exchange rate for the comparison period and the impact of the acquisition (or acquisition) or disposal is treated as follows:

  • po

    For acquisitions (or acquisitions) of activities for the current period, sales achieved in the period after the acquisition date are excluded from the internal growth calculation.

  • In the case of acquisition (or acquisition)

    Sales achieved in the current fiscal year up to 1 of the activities of the previous fiscal year


    er


    Acquisition anniversaries are excluded.

  • Regarding the disposition (or loss of control) of activities in the previous fiscal year

    Sales made during the comparison period from the previous fiscal year to the sale date are excluded.

  • For the disposition (or loss of control) of activities during the current fiscal year, the sales achieved in the period starting from 1.

    Excludes from 2 months before the sale date to the closing date of the comparison period of the previous fiscal year.


Alternative performance indicators


: The group presents performance indicators of financial communication that are not defined in accounting standards. The main indicators are defined in the financial reporting available at www.bonduelle.com.


The next event ends



ancestor



:

-Sales for the fiscal year 20221 to 2022:

1


er


August 2022 (after marketing)


-Annual Results 2021 to 2022:

October 3, 2022 (in front of the market)


About Bonduel Group

We want to encourage the transition to plant-based foods and contribute to human well-being and the conservation of the planet. We are a French family-owned company with 14,700 employees, innovating with our agricultural partners.

Our products are grown on 124,000 hectares, sold in 100 countries and have sales of € 2,779 million.


Our six strong brands are Bonduel, Cassegrain, Globus, Arctic Gardens, Ladypack Foods and Del Monte.

Bonduel is listed on Euronext Compartment B


clue

Euronext:

CAC MID & SMALL – CAC

Food Producers – CAC All Shares


Bonduel is part of Gaia’s Non-Financial Performance and IAS (Employee Equity Holding Index) Index.


ISIN Code: FR0000063935-Reuters Code: BOND.PA-Bloomberg Code: BON FP

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