French poultry giant Doux is undertaking an evaluation of its 22 production sites in France, which could lead to some closures.
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A spokesperson for the family-controlled firm told just-food today (2 May) that the review was part of a plan to safeguard and improve productivity but insisted that no decision had been made on how many, if any, closures would take place.
Doux made losses of EUR35.3m (US$54.9m) in 2007, largely due to rising cereal prices and the depreciation of the US dollar.
“The company has had a much better first quarter to the year than in 2007 in terms of turnover, volume of sales and EBITA and we are hoping this good start will continue as the year progresses,” the spokesperson said.
While ruling out a sale of the company, she added that Doux was “considering all other options” including opening up its capital and allying with an industrial or financial partner.
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