Bonduelle Group Chief Executive Officer since June 1, 2023
"In a highly challenging economic and financial environment, the road to progress has begun, the first half year is encouraging"
4
Plant-rich food is at the heart of social realities
BUDGET & HEALTH
are the 2 main reasons for eating less meat and fish
(2023 Ipsos study for Bonduelle - 10 countries)
Climate and food are on the global agenda
68%
of consumers are flexitarians
(2023 Ipsos study for Bonduelle - 10 countries)
54%
of consumers believe contributing to a better world through their diet
(2023 tetra pack index)
5
Our mission is aligned with this new reality
"We inspire the transition toward a plant-richdiet, to contribute to People's well-being and Planet health"
6
1
Our strategy has a
field to plate
positive impact from
88%*
Target >90
long-termpartnership with our farmers resulting in 88% of contracts renewal
193% of revenue is generated by * complete meal solutions
.
The use of virgin fossil plastic decreased by
Already 37%*
2/3 by end of 2024
-37%*
VS 19/20 Target -100% in 2030
Target : 100% of the group certified
B Corp™ by 2025
* Fiscal year 22/23
We show resilience in a difficult inflationary and climatic context
Eurozone food inflation remains 4.6% higher than general inflation at the end of 2023
It has a dual effect:
A lower consumption and a move downmarket
Climatic events have a significant impact on the availability and quality of fresh products
Inflation effect
Food inflation
Global inflation
4.6%
Volume effect
Up/down
market
Source Euronews
Source NielsenQ Scantrack HMSM - Proxy PGCFLS France
8
de 2.95 to 3.45€*
3.40€ - 3.50€*
2.15€ - 2.39€*1.99€ - 2.15€*
1.15€ - 1.35€*
* Average consumer shelf price
Our categories remain affordable despite a historical inflation level
2023
Energy : +35%
Agricultural raw materials : +50%
Packaging : +52%
2021
Internal source: average increase in purchase prices for Europe on cans and agricultural raw materials, for France on energy.
9
We improve our competitiveness in the field and in our plants
Development of Pulses sector :
Relocation of crops in France: doubling of surface area by 2025
Development of semi-fresh products to enhance
consumer experience
- Optimization of industrial processes
10
Turnaround in North American activities:
Adaptation of the industrial set up and improvement of competitiveness
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Bonduelle SA published this content on
19 March 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
19 March 2024 11:18:04 UTC.
Bonduelle specializes in the production and marketing of processed vegetables for distribution to the general public, restaurants and industry. Products are sold under the brands Bonduelle, Cassegrain, Arctic Gardens, Globus, Ready Pac and Del Monte. Net sales break down by family of products as follows:
- canned vegetables (46.8%);
- fresh products (41.6%; No. 1 in Europe): prepared salads (mixed salads, tabouli, etc.), fresh ready-to-eat salads, etc.
- frozen vegetables (11.6%).
At the end of June 2023, the group had 55 production sites worldwide.
Net sales are distributed geographically as follows: France (31.8%), Germany (9.1%), Southern Europe (10.4%), the United States (25.1%), Eurasia (9.8%), Central and Eastern Europe (5.8%), Northern Europe (5.4%) and other (2.6%).