French dairy group Bongrain has blamed the economic climate for a slide in annual revenues in 2009.

The company said on Friday (5 February) that turnover fell 7.4% to EUR3.28bn (US$4.51bn) as its non-cheese sales slumped 12.5%.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Bongrain’s cheese sales, which make up two-thirds of the company’s revenue, recovered in the fourth quarter of 2009 but were still down 5% over the whole year.

The group said sales were hit by lower pricing during 2009.

Bongrain’s full financial figures for the year will be published on 11 March.

GlobalData Strategic Intelligence

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

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now