French plant-based food firm Bonduelle posts lower FY operating profit

french-plant-based-food-firm-bonduelle-posts-lower-fy-operating-profit

French plant-based food firm Bonduelle posts lower FY operating profit © Reuters. FILE PHOTO: Bonduelle canned processed vegetables are displayed on shelves in an Intermarche supermarket in Lanton, Southwestern France, August 30, 2013. REUTERS/Regis Duvignau/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE – SEARCH ‘BUSI

(Adds dropped word in headline)

(Reuters) – French plant-based food company Bonduelle on Monday reported a drop in its full-year operating profit, citing the COVID-19 crisis, unfavourable weather conditions impacting agricultural crops, wage inflation and the disorganisation of supply chains.

The group, which provides canned, frozen and fresh processed vegetables as well as ready-to-eat dishes, posted an operating profit of 96.6 million euros ($94.6 million), excluding IFRS, for the year ended June 30, compared to 100.4 million euros last year.

This story refiles to add dropped word in headline)

($1 = 1.0213 euros)

Related Articles

Responses

Your email address will not be published. Required fields are marked *