Bonduelle sees strong increase in profits and activity
The Bonduelle Group has seen a strong increase in turnover (38.5%) and recurring operating income (8.5%) over the 1st semester of their 2017-2018 fiscal year (1st July- 31st December), due to the incorporation of American company, Ready Pac Foods.
Thanks to a solid financial structure, they are aiming for the current year at a 25% increase in annual turnover and 20% increase in operational profitability. On the 20th February they announced that they had signed an agreement with Conagra Brands Inc. to acquire the processed fruit and vegetable brand, Del Monte, in Canada. Their turnover over the 1st semester of the 2017-2018 fiscal year reached €1,420.3 million, up 38.5% in published data and 1.6% in comparable data.
Publication date: 3/6/2018
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