Bonduelle : What to expect from the Q4 2023-24 sales publication
>Volumes should continue to decline in Q4 in but partly offset by the various price hikes obtained over the year - From a recent contact with the company, we understand that volumes remained down in Europe, particularly for branded and own-brand long-life products (canned and frozen). Retail clients appeared to have reduced stocks whilst consumption remains lacklustre. The fresh produce activity also remains tough for fourth-range salads notably in France and Germany....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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