BONDUELLE - First Quarter FY 2014-2015 Turnover (1st of July - 30th of September 2014)

 BONDUELLE

A French SCA (Partnership Limited by Shares) with a capital of 56,000,000 Euros - Head Offices: La Woestyne 59173 Renescure, France
Business registration number: B 447 250 044 (Dunkerque Registrar of Businesses) - finance@bonduelle.com

  
First Quarter FY 2014-2015 Turnover
(1st of July - 30th of September 2014)

Commercial activity of the 1st quarter:
growth in line with forecasts

The Bonduelle Group's turnover for quarter 1 of FY 2014-2015 stands at 464,3 million of euros, an increase of 4.9%* on a like for like basis and 2.8% on reported figures after adjustment for currency exchange rates (-2.1%).

Activity by geographical area

Total consolidated turnover
(in millions of euros)From July 1 to September 30
2014From July 1 to September 30
2013Variation at current exchange ratesVariation at constant scopesof consolidation and exchange ratesEurope Zone 313.- 303.7 3.1% 3.1% Non-Europe Zone 151.3 148.- 2.2% 8.8% Total464.3451.72.8%4.9%

Activity by business operating segments

Total consolidated turnover
(in millions of euros)From July 1 to September 30
2014From July 1 to September 30
2013Variation at current exchange ratesVariation at constant scopesof consolidation and exchange ratesCanned 240.5 233.4 3.1% 5.-% Frozen 123.9 126.- -1.7% 2.2% Fresh processed 99.9 92.3 8.2% 8.2% Total464.3451.72.8%4.9%

Europe Zone
The Europe zone recorded a sales increase of + 3.1%* on a like for like basis. The activity remaining strong in the can segment and pretty dynamic in the fresh ready-to-use category has offset the food service frozen activity still negatively oriented, thanks to a very favourable September.

Non-Europe Zone
The non-Europe zone experienced, over the quarter, a growth reaching + 8.8%*. The activity is still dynamic both in Eastern Europe, where the activity is marginally impacted by the Russian embargo and in North America where the fire in the Tecumseh site had little impact on the activity.

Outlooks
The high level of activity recorded for the 1st quarter, in line with the expectations, and a globally favourable crop season confirm the activity growth objectives and the current operational profitability as announced on the 30th of September when the 2013-2014 annual results were released.

* at constant scope of consolidation and exchange rates

Next financial events:

- General Annual Meeting          :      4th of December 2014
- 2014-2015 Half Year Turnover          :      5th of February 2015 (prior to stock exchange trading session)
- 2014-2015 Half Year Results           :      25th of February 2015 (prior to stock exchange trading session)

About Bonduelle

Bonduelle, a family business, was established in 1853. Its mission is to be the world reference in "well-living" through vegetable products. Prioritising innovation and long-term vision, the group is diversifying its operations and geographical presence. Its vegetables, grown across more than 128,000 hectares all over the world, are sold in 100 countries under various brand names and through various distribution channels and technologies. Expert in agro-industry with 57 industrial sites or own agricultural production, Bonduelle produces quality products by selecting the best crop areas close to its customers.
Bonduelle is listed on the NYSE - Euronext compartment B - Indices: CAC MID & SMALL - CAC ALL-TRADABLE - CAC ALL SHARES
Code ISIN: FR0000063935 - Code Reuters: BOND.PA - Code Bloomberg: BON FP

AvisFinancier141106enGB


This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: BONDUELLE via Globenewswire
HUG#1868682