Bonduelle

Bonduelle - 2023-2024 First Half Year Financial Results: Revenue and profitability in line with annual targets in a climate of consumption under pressure

Retrieved on: 
Thursday, February 29, 2024

(July 1 - December 31, 2023)

Key Points: 
  • (July 1 - December 31, 2023)
    The Bonduelle Group’s revenue for the 1st half of fiscal year 2023-2024 amounted 1,213.1 million euros compared with 1,243.4 million euros for the 1st half of previous fiscal year, up +4.5% on a like-for-like basis(1) and down -2.4% on reported figures.
  • For the 1st half of the 2023-2024 fiscal year, the Bonduelle Group posted a current operating income of 38.5 million euros at current exchange rate and 50.5 million euros at constant exchange rates compared with 43.1 million euros the previous year, representing a +17.1% increase in current operating income, on a like-for-like basis(1).
  • Thus, the group posts revenue and profitability growth in line with targets communicated in October 2023 and confirms its annual targets.

Ready Pac Foods, Inc. Recalls Four Salad Kits Due to Possible Health Risk from Listeria monocytogenes

Retrieved on: 
Friday, February 9, 2024

A total of 15,751 cases were manufactured between December 2023 through February 2024 by Ready Pac Foods and distributed to the retailers listed above.

Key Points: 
  • A total of 15,751 cases were manufactured between December 2023 through February 2024 by Ready Pac Foods and distributed to the retailers listed above.
  • Ready Pac has ceased all sale and distribution of the impacted products and any products in inventory will be removed and destroyed per FDA guidelines.
  • No other Ready Pac Foods products sold under the Ready Pac Bistro brand are affected.
  • To date, the company has not received any reports of illnesses at this time related to these recalled salad kits.

Bonduelle - 2023-2024 First Half Year Revenue: Revenue in line with targets in a climate of consumption under pressure

Retrieved on: 
Thursday, February 1, 2024

The downturn in volumes remains limited in the region despite a significant weakness in food consumption.

Key Points: 
  • The downturn in volumes remains limited in the region despite a significant weakness in food consumption.
  • The fresh processed segment (bagged salads) was virtually stable in volume, but grew in value in retail.
  • However, the situation varied from one region to another, with France affected by bad weather leading to a lower service rate.
  • The Bonduelle Group will announce its revenue and profitability outlook for the 2023-2024 fiscal year during the presentation of its first half year results on March 1, 2024.

Bonduelle - First Quarter FY 2023-2024 Revenue: Business growth in line with annual target

Retrieved on: 
Tuesday, November 7, 2023

Despite this environment, the food service activity remains flat overall in terms of volumes but is growing in value.

Key Points: 
  • Despite this environment, the food service activity remains flat overall in terms of volumes but is growing in value.
  • The Bonduelle Group announces that its 2022-2023 Universal Registration Document was filed with the Autorité des marchés financiers (AMF) on October 19, 2023.
  • The revenues in foreign currency over the given period are translated into the rate of exchange for the comparable period.
  • Alternative performance indicators: the group presents in its financial notices performance indicators not defined by accounting standards.

Mission Produce™ Appoints Tony Sarsam to Board of Directors

Retrieved on: 
Thursday, August 3, 2023

OXNARD, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ: AVO) (“Mission” or “the Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today announced the appointment of Tony Bashir Sarsam to its board of directors, effective August 14, 2023.

Key Points: 
  • OXNARD, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ: AVO) (“Mission” or “the Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today announced the appointment of Tony Bashir Sarsam to its board of directors, effective August 14, 2023.
  • Sarsam is appointed as an independent Class I director, with a term expiring at the Company’s 2024 Annual Meeting of Stockholders.
  • In connection with this appointment, Mission Produce’s board of directors has increased the size of the board from eight to nine directors.
  • “We are pleased to welcome Tony to our board of directors at an exciting time in our company’s forty-year history,” said Steve Barnard, CEO of Mission Produce.

Bonduelle - Quarter 3 FY 2022-2023 Revenue: Slowdown in consumption weighs on revenue growth for Quarter 3

Retrieved on: 
Thursday, May 4, 2023

Both for the first nine months of the year and for Quarter 3, the 3 operating segments are growing in value.

Key Points: 
  • Both for the first nine months of the year and for Quarter 3, the 3 operating segments are growing in value.
  • In addition, Pierre and Benoît Bonduelle SAS company, General Manager of Bonduelle SCA, will henceforth be represented by its legal representative, Christophe Bonduelle.
  • The revenues in foreign currency over the given period are translated into the rate of exchange for the comparable period.
  • The main performance indicators are detailed in the financial reports available on www.bonduelle.com
    - 2022-2023 Financial Year Revenue: August 1, 2023 (after stock exchange trading session)

Changes in the governance of the Bonduelle Group

Retrieved on: 
Tuesday, May 2, 2023

For this new stage, the Board of Directors wishes to entrust the general management of the Group to an executive with strong experience in the North American market and consumer products.

Key Points: 
  • For this new stage, the Board of Directors wishes to entrust the general management of the Group to an executive with strong experience in the North American market and consumer products.
  • Guillaume Debrosse's successor will be appointed in the coming weeks, and will take up his position on June 1, 2023.
  • In addition, Pierre and Benoît Bonduelle SAS company, General Manager of Bonduelle SCA, will henceforth be represented by its legal representative, Christophe Bonduelle.
  • I would like to warmly thank Guillaume Debrosse for his professionalism and commitment during his 16 years with the Group.”

Pairwise Grows Commercial Leadership Team as Consumer Product Launch Nears

Retrieved on: 
Wednesday, February 15, 2023

These positions fill out the company’s Commercial Leadership Team as it prepares to launch its first product into the salad category, a nutrient-dense leafy green mix called Conscious™ Greens.

Key Points: 
  • These positions fill out the company’s Commercial Leadership Team as it prepares to launch its first product into the salad category, a nutrient-dense leafy green mix called Conscious™ Greens.
  • “We are so pleased to deepen the Pairwise commercial bench with these three industry leaders.
  • She has been with Pairwise since 2019 and has led the development of both the corporate brand and the company’s first consumer brand, Conscious™ Foods.
  • These strategic additions to the Pairwise leadership team come as the company prepares to launch its first product, Conscious Greens, into foodservice and retail this year.

Bonduelle Fresh Americas Becomes Certified B Corporation™

Retrieved on: 
Monday, December 12, 2022

Irwindale, CA - Dec. 12, 2022 – Today, Bonduelle Fresh Americas , the U.S. business unit of Bonduelle Group and home of Ready Pac Bistro ®, announced it is now a Certified B Corporation, leading the fresh salad produce industry in the global movement for an inclusive, equitable and regenerative economy.

Key Points: 
  • Irwindale, CA - Dec. 12, 2022 – Today, Bonduelle Fresh Americas , the U.S. business unit of Bonduelle Group and home of Ready Pac Bistro ®, announced it is now a Certified B Corporation, leading the fresh salad produce industry in the global movement for an inclusive, equitable and regenerative economy.
  • Certified B Corporations, or B Corps™, are companies verified by B Lab™ to meet high standards of social and environmental performance, transparency and accountability.
  • With an overall B Impact Assessment™ score of 85.4, Bonduelle Fresh Americas met high social and environmental performance requirements by:
    With certification, Bonduelle Group and Bonduelle Fresh Americas take an important step in a long line of commitments to improving their impact on people and the planet.
  • “We are happy to welcome Bonduelle Fresh Americas into the community of Certified B Corporations committed to rising standards and economic systems change,” said Jodi Beasley, Senior Director of Community, B Lab U.S. and Canada.

Bonduelle - First Quarter FY 2022-2023 Revenue: Growth driven by price increases in the first quarter

Retrieved on: 
Tuesday, November 8, 2022

In Eurasia, the Bonduelle brands, and in particular Globus, are still experiencing a solid growth in both volume and value.

Key Points: 
  • In Eurasia, the Bonduelle brands, and in particular Globus, are still experiencing a solid growth in both volume and value.
  • The Universal Registration Document (URD) for the 2021-2022 financial year can be consulted on the website www.bonduelle.com.
  • will require further price increases during the financial year and will limit the growth of sales volumes.
  • The revenues in foreign currency over the given period are translated into the rate of exchange for the comparable period.