Bonduelle: protitability improves in H1

(CercleFinance.com) - Bonduelle has reported a 35.
3% increase in net income from continuing operations to 14.4 million euros for H1 2022-23, with a 94-bp improvement in its underlying operating margin to 3.5%.

Revenues for the food group specialising in vegetables reached 1.24 billion euros, up 13.6%, including 6.1% LFL, with favourable currency movements boosting growth by 7.5%.

Bonduelle is targeting FY revenue growth of around 8% and a stable operating margin before non-recurrent items, both at constant exchange rates and consolidation scope, in line with the targets announced at the beginning of the year.



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