Bel Second-half 2022 financial information Sales
Suresnes — February 28, 2023, at 6 p.m.
Bel
Second-half 2022 financial information
Sales
Excellent performance in the fruit segment and in China, growth for Bel’s iconic brands
- Consolidated sales for the year amounted to €3,595.3 million, representing strong organic growth of 13.2%1, supported by Group’s strategic decisions:
- Acceleration in sales in new territories, with another record year of growth for the fruit segment2 in all geographies and for China: 28.5%
- Resilience of global (mature) markets, thanks to the solid performances of the Babybel® and Boursin® brands, and strong growth in North American markets: 8.9%
- Annual sales increased by 6.4% on a reported basis compared to 2021 which included the Leerdammer brand assets sold to Lactalis at the end of September.
- Second-half sales: €1,912.5 million, representing organic growth of 15.3%1
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Amounts are expressed in millions of euros and rounded off to the nearest million. Ratios and variances are calculated based on underlying amounts, not rounded-off amounts.
In a volatile macroeconomic and financial environment in 2022, shaped by inflation across all its purchasing categories, the Bel Group recorded
