FDBusiness.com

Bonduelle Returns to Growth

 Breaking News
  • Müller to Review UK Food Service Delivery Operation A food service delivery operation supplying fresh milk and other products to 3,000 non-residential customers in England and Wales which is suffering losses of around £5 million per annum, is to be reviewed by Müller Milk & Ingredients. The company has confirmed a 45 day review and consultation, placing 250 roles at risk of redundancy. [...]...
  • Ryvita’s New Re-Launch Following a hugely successful year in 2017, healthy snacking favourite Ryvita is kicking off 2018 with not only a brand new campaign but also an exciting re-freshed look in addition a host of new and innovative products. On a mission to help women enjoy positive healthy living every day, Ryvita has teamed up with CRUK and one of the [...]...
  • Campari Group Launches New Super Premium Gin Campari Group has launched its new super-premium Italian gin, O’ndina, in the UK. The UK is the first market to roll out the product, which will later launch globally. With the launch of O’ndina, Campari Group enters the fast-growing Super Premium Gin category, with this Small Batch Italian Gin, crafted in Italy using fresh basil [...]...
  • KITKAT Ruby Arrives in the UK Nestlé UK is introducing a Ruby chocolate version of its iconic four finger KITKAT. Consumers in the UK will be the first in Europe to try a four finger KITKAT made with Ruby chocolate, a fourth chocolate after dark, milk and white. This unique KITKAT offers a new taste experience. The crispy four-finger wafer bar is [...]...
  • A Wee Dram Goes Further Than You Think Thanks to Goplasticpallets.com It’s one of the world’s favourite food exports and it’s important to keep the whisky flowing at all times. As the US writer, Mark Twain said: “Too much of anything is bad, but too much good whisky is barely enough.” That’s why The Edrington Group, the international premium spirits company, approached Goplasticpallets.com when it needed [...]...

Bonduelle Returns to Growth

August 04
08:47 2011

Reflecting the impact of the integration of acquisitions and favourable currency exchange rates, Bonduelle has increased turnover by 10.7% to Eur1.73b for the year ended June 30th 2011. The French vegetable processor expects operating profits of between Eur78m and Eur81m for its 2010-11 financial year.

 

The successful integration of France Champignon for the full year (against three months in 2009–10) and the transfer of the Belgian processed apple business in January 2010, as well as the changes to exchange rates have had a positive impact on turnover of 7.7% and 2.4% respectively. The highlight of the financial year was the revival of the group’s business with sales growth of 0.6% (at constant exchange rates) against a 2.2% decline in the previous year ended June 30th 2010.

 

However, adversely affected by the price reductions on distributor-brand products, the shortages of certain products following the very poor harvest of summer 2010 and the delayed deliveries in Eastern Europe, business in the fourth quarter recorded negative growth of 2.8% (-2.1% at constant exchange rates).

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • April 22, 2018Natural & Organic Products 
  • April 24, 2018Scandinavian Wine Expo
  • April 24, 2018Seafood Processing Global
  • April 24, 2018InterFood Krasnodar
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements