Omer-Decugis & Cie, an international group specialising in fresh and exotic fruit and vegetables, has published its revenue for H1 2022/23 (1 October 2022 to 31 March 2023) and Q2 2022/23 (1 January to 31 March 2023).
Growth of 10.6% in Q2 2022/23
H1 2022/23 revenue above €100 million despite a tight market environment and a contraction in household consumption
Vincent Omer-Decugis, Chairman and CEO of Omer-Decugis & Cie, said: “Our first-half revenue exceeded €100 million for the first time, reflecting our growth momentum and the relevance of our investment choices in recent months. The opening of our additional ripening capacity in Sorgues in January has enabled us to meet our customers’ expectations in the dynamic banana segment, which is benefiting from a shift in consumption.”
Omer-Decugis & Cie posted a 10.6% increase in its second-quarter revenue compared to Q2 2021/22, mainly driven by the SIIM division, up 12.9% over the quarter, while the Bratigny wholesale division saw a 4.5% increase in revenue. This strong second quarter was achieved in a market environment characterised by enduring inflation and a slowdown in household consumption, particularly at national level.
This performance brought first-half 2022/23 revenue to €104,4 million, representing growth of 8.1% compared to the previous year. The performance was bolstered by solid momentum in traditional ranges, as well as expanding product ranges in the tropical segment. Revenue was up in both divisions.
The SIIM division’s revenue, up 10.1% at €79.4 million, is already benefiting from the new ripening capacities of the Sorgues logistics platform and a strong Madagascar lychee campaign, while continuing to expand its tropical ranges with the launch of attractive product packaging for customers. Growth was recorded across all ranges, with a real breakthrough for avocados, in line with the product development strategy launched at the end of 2021, notably with the opening of dedicated ripening chambers thanks to the expansion of capacity in Sorgues.
The Bratigny division posted a slight increase in revenue, up 2% at €24.9 million, showing resilience amid a tighter overall environment, especially in the first quarter. The division’s business was driven by high volume products, including bananas, but also by the exotic and ethnic segment, which was strengthened by the acquisition of Anarex, a leader in its niche markets.
Renewed confidence in the outlook
In view of the strong sales performance in the six months to 31 March 2023 and the outlook for its various fresh fruit and vegetable ranges, Omer-Decugis & Cie Group is confident in its ability to continue its growth momentum over the full 2022/23 financial year.
For more information: 
Emeline Pasquier
Omer-Decugis & Cie
epasquier@omerdecugis.com
www.omerdecugis.com