LDC is still targeting an annual turnover of 6.2 billion euros

(AOF) – “With the success of the strategy to recover market volumes after the bird flu, in a context of falling prices, the group allowed a limited decline in turnover in the first half of 2024 /2025 to register”, confirms LDC. Sales fell 1.2% to 2.98 billion euros. With still good control of operating costs, Ebitda for the first half will be mechanically returning to “more normal” levels according to a rate of 8.6% of turnover, according to the level of Ebitda for the first half of 2022 – 2023 (8.8% of turnover for the period).

This Ebitda level is already higher than the goals of the 2026-2027 plan, in which the group sets a target of 8%.

Ebitda for this first half of 2024/2025 amounts to 257.1 million euros compared to 290.7 million euros a year ago.

After accounting for deductions and other depreciation and amortization, current operating income for the period is 151.8 million euros compared to 193.5 million euros in the first half of 2023-2024, representing a level current operating margin of 5.1% of turnover, in line perfectly. LDC destinations for this financial year.

The group’s net profit for this half year stood at 124.2 million euros compared to 153.2 million euros for the comparable period.

LDC confirms its goal for the financial year 2024/2025 to exceed a turnover of 6.2 billion euros associated with a current operating margin of around 5%.

Beyond this financial year, LDC confirms all the objectives set as part of its strategic plan 2026-2027: to exceed the milestone of 7 billion euros in achieve a turnover and EBITDA of almost 560 million euros.