French vegetable group Bonduelle has recorded an increase in full-year sales and reconfirmed its full-year earnings growth targets amid an acceleration in sales outside of Europe.
In the 12 months to the end of June, turnover reached EUR1.77bn (US$2.17bn), up 2.4% at current exchange rates and 3.2% at constant exchange rates.
Go deeper with GlobalData
The group recorded 13.9% growth outside Europe for the year, against a 1.4% decline on the continent. Activities outside Europe accounted for more than 27% of sales over the year.
Bonduelle blamed a slowdown in consumption in Europe for the decline, in addition to the recent disposal of businesses in Spain.
The group reaffirmed its full-year operating profit target of EUR98m to EUR100m.
The company will release its full-year earnings results on 2 October.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
