on LDC (EPA:LOUP)
Annual results 2023-2024: LDC shows growth of 6%
The LDC Group publishes a turnover of 6.2 billion euros for the 2023-2024 financial year, an increase of 6%. The current operating margin reached 6%, compared to 5.1% in 2022-2023. Net profit, group share, increased by 35.5%, reaching €304.4 million.
The Poultry France division recorded growth of 5.9%, supported by a recovery in volumes and promotional efforts. The Catering division saw its turnover increase by 10.2% thanks to price increases. Internationally, sales increased by 2.5%, despite a more competitive European market.
LDC aims for a turnover of 6.5 billion euros for 2024-2025 and plans investments of 355 million euros. The group is continuing its external growth strategy, including the potential acquisition of the Pierre MARTINET Group.
R. E.
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