on LDC (EPA:LOUP)
LDC 2024-2025 half-yearly results
LDC announces stable half-year results for 2024-2025, supported by a strategy to regain volumes after the avian crisis. Sales volumes increased by 4.9% while turnover showed a slight decrease of 1.2%, reflecting the decrease in raw material prices. EBITDA amounted to €257.1 million, with a margin of 8.6% of turnover, in line with annual objectives.
The group continues its expansion with seven significant acquisitions, strengthening its presence in France and internationally. LDC has notably consolidated its position in Poland and Romania, and aims to increase its sales in the European market thanks to the acquisition of the ECF Group in Germany.
Financially, LDC maintains a solid base with equity reaching EUR 2,185.8 million. The group's net result is EUR 124.2 million for the half-year. The group remains optimistic about achieving its annual objectives, forecasting a turnover of more than EUR 6.2 billion and an operating margin of 5%.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all LDC news