Bonduelle : Europe should underpin the group's profitability in H2. A road map should be set out at the full-years earnings publication
>Very resilient profitability in Europe despite the fall in volumes - Volumes fell by 2% over the half-year in Europe in a context of lacklustre consumption, particularly towards the end of the period. Own-brand products, more adapted to the consumer context, posted growth at the expense of branded products. This did not prevent the group from posting merely a small 10p decline in the underlying operating margin at 5.6%. The price increases, productivity gains and tig...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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