Report
Fatma Agnès Hamdani

LDC : 2018/19 sales forecast up 7.2%, boosted by the acquisition of Tranzit

>Stability of prices obtained in poultry vs an increase of 3-4% targeted - Negotiations with large retailers in France resulted in a stabilisation of prices vs +3/4% of an increase validated by the LDC group to offset the rise in costs (raw materials and energy). LDC will have to work on its industrial performance and generate greater cost savings to maintain its profitability in poultry. Raw materials (wheat and maize) have stabilised at the start of the year but the...
Underlying
Societe LDC Societe Anonyme

Societe LDC SA is a France-based holding company engaged in food processing. The Group provides poultry products, as well as a range of delicatessen food. It has four business lines: Upstream division, which is responsible for branch management; Poultry division, engaged in the poultry, pig and cattle farming, as well as egg production and others; The Delicatessen division, offering ready-to-eat meals and snacks like pizzas, sandwiches, tarts and desserts and International division which focuses on international development with countries specific strategies. It markets its products under various brands, including Le Gaulois, Loue and Traditions d'Asie.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Fatma Agnès Hamdani

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