Bonduelle : BFA losses starting to ease but there are still uncertainties
>Price increases, with maintained volumes, help offset cost inflation in Europe in H1 - Sales in the long-life European segment rose by 16.4% in H1, driven by price effects while the fresh segment increased by 3.3% thanks to the delicatessen business (+15.6%). The fourth-range salad category was hurt by supply difficulties (weather). Overall, volumes were stable in Europe despite anaemic consumption. The slight drop in volumes in the tinned segment in retail was offse...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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