French processed vegetable producer Bonduelle has posted a turnover of €957.3m (US$1.09bn) for the first nine months of the fiscal year to 30 June, an increase of 3.4% year-on-year.
The group said that at constant exchange rates the increase in turnover was 4%. The consolidation of French food group Michel Caugant’s results from the beginning of March contributed 0.4% of the overall turnover, reported the French News Digest. Bonduelle acquired Michel Caugant in January.
Bonduelle, which posted turnover of €1.25bn for the last fiscal year, has forecasted full year turnover growth of over 5%.