Bonduelle : Q1 2024-25 sales virtually flat as expected. Full-year guidance confirmed
>Q1 sales virtually flat with an organic decline of -0.4% vs -0.6%e - Yesterday evening, Bonduelle reported Q1 2024-25 sales in line with our estimate at € 567.2m (-0.2%). Organic growth was -0.4% vs -0.6% expected, reflecting better sales momentum in the non-Europe zone. By region, growth was as follows:Europe (66% of sales): Q1 sales of € 368.2m (vs € 367.8m est.), down 1.9%. The decline in organic terms was 2%, fully in line with our expectations. Sales were ...Bonduelle is active in the market of processed vegetables both within and outside the European Union. Co.'s business is made up of three activities: canned, frozen and fresh vegetables (prepared and fresh-cut). It distributes its products mostly through retail channels (large supermarkets and stores) and food service sectors (restaurants, inter-company canteens). Some of Co.'s brands are Bonduelle, Cassegrain, Frudesa and Artic Gardens. Co. is organized into two geographic regions and four business segments: Bonduelle Europe Long Life (BELL), Bonduelle Fresh Europe (FRESH), Bonduelle Americas (BAM), and Bonduelle Development (BDV).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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