
French poultry group LDC has posted an increase in first-quarter sales, helped by recent M&A but also by its underlying business.
The company generated consolidated sales of EUR847.6m (US$941.1m) in the three months to the end of May, up 14.5% on a year earlier.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
LDC's top line was helped by the group's acquisition of slaughterhouse and processing assets from local agri-food business The Avril Group, which was finalised in March, as well as its purchase of Polish family-owned business Drop, a deal announced late last year.
Excluding the impact of the transactions, sales increased 1.8%. Volumes sold rose 4.4%.
LDC said the start of its financial year was "in line with the objectives set for the group for 2015/16".

US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData