(AOF) – LDC’s cumulative revenue for the 2022-2023 financial year increased by 15.3% to 5.8 billion euros with volumes down 5.6% compared to the 2021 financial year. -2022. On a like-for-like basis and at constant exchange rates, company turnover in the agri-food industry increased by 15.5% with volumes falling by 6.2% in connection with the episode of avian influenza. The turnover of the Poultry France division (with integration of the Upstream division) for the 2022-2023 financial year amounts to 4,206.2 million euros, up 12.2% and 11.7% at scope identical.
The turnover of the Poultry France division (with integration of the Upstream division) for the 2022-2023 financial year amounts to 4.2 billion euros, up 12.2% and 11.7% at identical scope . The growth in value is mainly explained by the effects of the price increases obtained combined with a solid momentum on the most contributing ranges.
Internationally, its turnover for the year (January to December) amounted to 812.7 million euros and showed an increase of 42.4% (+47.2% at scope and rate). exchange rates). This increase is associated with volumes marketed up 1.3%.
The Catering division’s annual turnover came to 827.2 million euros, up 10.3% with volumes marketed down 2.1%.
In view of this successful year-end, the Group is now confident of achieving a current operating margin rate of around 5% of sales, thus returning to its standard rate.
In the medium term, LDC confirms all of the objectives set as part of its strategic plan: to cross the threshold of 7 billion euros in turnover in 4 years. This new dimension must be accompanied by an increase in profitability with a target of nearly 560 million euros in EBITDA for the 2026-2027 financial year, up 40% compared to 2021-2022.
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