LDC: First quarter 2024-2025 revenue in line with expectations

LDC, based in Sablé-sur-Sarthe, announces consolidated turnover of 1,517.7 million euros for the first quarter of the 2024-2025 financial year, up 0.2% compared to the Previous exercice. This development is mainly due to a 5.6% increase in volumes sold, reflecting a strategy of reconquering volumes.

Poultry France sees its turnover stable at +0.1% with 1,099.5 million euros, including recent acquisitions. Volumes sold are up 5.9%. On the international side, sales fell by 4.6%, but volumes increased by 5.4%. The Catering division shows an increase of 4.7% in value with the integration of Délices de Saint-Léonard.

The Group has set itself an annual objective of 6.5 billion euros and is targeting a current operating margin of around 5% for the 2024-2025 financial year.