Bonduelle reports 1.0% sales growth in first quarter

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Bonduelle Group reported sales of €524.8 million for the first quarter of its 2026-2027 fiscal year, covering July 1 to September 30, 2026. This represents an increase of 1.0 per cent on a reported basis and 0.5 per cent on a like-for-like basis compared with the same period last year, when sales reached €519.8 million.

Performance varied across regions and product categories, with growth in Europe offsetting declining sales outside Europe.

© Bonduelle

European sales increase
The Europe zone, accounting for 65.9 per cent of group activity, generated revenue of €346.1 million, compared with €325.6 million a year earlier. Sales increased by 6.3 per cent on a reported basis and 6.4 per cent on a like-for-like basis.

Growth was supported by demand for prepared meal solutions in the fresh prepared and frozen categories, alongside a return to normal trading conditions for private-label products.

Outside Europe, revenue declined to €178.7 million from €194.2 million, representing a decrease of 8.0 per cent on a reported basis and 9.4 per cent on a like-for-like basis.

Bonduelle attributed the decline to the effects of a Cyclospora outbreak in the United States. Although the outbreak did not involve Bonduelle products, it affected consumer confidence across the salad category and weighed on the U.S. market.

© Bonduelle

Canned vegetable segment records growth
By operating segment, canned product sales reached €270.0 million, compared with €244.6 million in the previous year. This represented growth of 10.4 per cent on a reported basis and 9.8 per cent on a like-for-like basis.

Frozen product sales increased to €69.0 million from €68.3 million, representing growth of 1.1 per cent on both measures.

The fresh processed segment recorded revenue of €185.8 million, down from €206.9 million. Sales declined by 10.2 per cent on a reported basis and 10.7 per cent on a like-for-like basis.

Outlook for fiscal year 2026-2027
Bonduelle maintained its financial priorities for the 2026-2027 fiscal year, focusing on profitability, cash flow generation, and debt reduction amid agricultural and geopolitical uncertainties.

The company also confirmed that its Annual Shareholders’ Meeting will take place on December 3, 2026. A dividend of €0.25 per share for fiscal year 2025-2026 will be proposed, subject to shareholder approval.

The group’s first-half sales and results are scheduled for publication on February 25, 2027.

© Bonduelle GroupFor more information:
Bonduelle Group
Tel: +33 (0) 620 83 23 73
Email: b[email protected]
www.bonduelle.com

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