BONDUELLE 


Head office: “La Woestyne” – 59173 Renescure – France
Bonduelle a French S.C.A (Partnership limited by Shares) with a capital of 57 102 699,50 euros
Registered under number: 447 250 044 (Dunkerque Commercial and Companies Register)

2024-2025 Annual results
(July 1, 2024 – June 30, 2025)

“Transform to win”: The Bonduelle Group achieves its first-year transformation plan objectives and initiates its recovery

Message from Xavier Unkovic – Chief Executive Officer:

For this 1st year of the “Transform to win” transformation plan, the Bonduelle Group is on track and achieves its revenue and profitability objectives for fiscal year 2024-2025, while continuing its journey towards a B Corp™ certification. These results are driven by the improved performance in the United States, the reorganization of the business portfolio in Europe and strengthened operational efficiency.

The group is thus initiating its financial recovery, which will continue into FY 2025-2026, fueled by the growth of its brands and the ongoing improvement of operational excellence, in a European context disrupted by imports of products from China benefiting from dumping measures*.

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In accordance with IFRS 5 accounting standards, the income statements relating to the packaged salad activity in France and Germany, whose planned disposal was announced on August 29, 2024 and effective since July 17, 2025 for the French activity and March 31, 2025 for Germany, are gathered in the income statement of the reported financial statements under the heading “net income from discontinued operations”.

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On September 26, 2025, the Supervisory Board, under the chairmanship of Jean-Pierre Vannier, reviewed the statutory and consolidated financial statements for FY 2024-2025 as approved by the General Management and certified by the company’s statutory Auditors.

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Financial Performance

(in millions of euros) 2024-2025 2023-2024
IFRS 5 restated
Variation
at constant exchange rates and scope
2023-2024
reported
Sales 2,203.8 2,223.4 -0.8% 2,371.7
Current Operating Income 83.8 83.4 +0.2% 75.3
Net income from continuing operations 19.7 -108.1   -119.8
Net income -11.5 -119.8   -119.8

The Bonduelle Group’s sales for fiscal year 2024-2025 (ended June 30, 2025) amounted to 2,203.8 million euros, a variation of -0.8% on a like-for-like basis(1) and -0.9% on reported figures compared with FY 2023-2024.

Current operating income amounted to 83.8 million euros, up slightly (+0.2%) compared with the previous fiscal year, and the current operating margin also increased to 3.8% compared with 3.7% for the previous FY, after taking into account the IFRS 5 restatement. Current operating income reported for FY 2023-2024, i.e. before IFRS 5 restatement, amounted to 75.3 million euros.

These performances are perfectly in line with the objectives of the 1st year of the transformation plan announced in October 2024.

Business activity – Key figures

Activity by Geographical Region

Total consolidated sales
(In millions of euros)
2024-2025 2023-2024
IFRS 5 restated
Variation
at current exchange rates
Variation
at constant exchange rates and scope
Europe Zone 1,354.5 1,409.9 -3.9% -4.1%
Non-Europe Zone 849.3 813.6 4.4% 4.9%