Bonduelle : Uncertainty in the short term notably on the impacts of the Ukraine/Russia conflict
>Overall, the price increases secured should offset inflation with disparities by region and activity - All told, the group’s retail sales were down 3.3% in H1 vs +8.7% in H1 2020-21. Out-of-home catering sales grew 13.4% vs a decline of -19.1% last year. Long-life product retail sales normalised on a high base of comparison, with growth ranging from -0.6% for canned to -3% for frozen foods in Europe. The fall was more marked for canned products in North America (-8....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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