Savencia SA : Priority given to profitable growth
>Profitability underpinned by international development - At its annual financial presentation, Savencia provided more detail on its 2018 results. Underlying EBIT, up by 2.9% to € 177.6m for sales of € 4,863m (+0.2%, of which +2.1% l-f-l and a forex effect of -3.8%), reflects:Underlying operating profit of € 159m for the cheese products division, up 8%. A margin of 5.7%, up by 40bp thanks to price increases (+2%) and the group’s international development (includi...Savencia is a transformer of milk centered on cheese, dairy specialties, and on dairy ingredients. Co.'s operations are divided into two segments: the Cheese Products segment and the Other Dairy Products segment. In the Cheese Products segment, Co. manufactures and distributes cheeses and cheese specialties. In the Other Dairy Products segment, Co. manufactures and distributes modern butters and long-life creams both for final consumers and professional users, manufactures technical butters and specialized dairy proteins for industrial markets, and manufactures aseptically packaged products.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.