Turnover: 2.406 billion EUR (2022)

Country: France

  • Listed international group with over 11,000 employees
  • The group is still controlled by the Bonduelle family
  • Specialist in industrial vegetable processing and canning for over 70 years
  • Leader in canned vegetables and number two in frozen vegetables in France

News

Bonduelle: the road to recovery will be "long" 03/10/2023

  • Bonduelle sales rose by 9.2% (5% on a comparable basis) to 2.4 billion euros.
  • Net profit fell by 59.1% to 14.5 million euros
  • Sales of products such as lunch bowls account for almost 20% of Bonduelle's sales.
  • Bonduelle forecasts 40% growth in these products by 2024.
  • In the United States, which used to account for 34% of Bonduelle's total sales, the share fell to a quarter of sales after a poor performance and the disposal of activities.
  • In Russia, Bonduelle has forecast sales of 200 million euros for fiscal 2022-2023.

New Bonduelle CEO with U.S. experience 24/05/2023

  • Xavier Unkovic becomes Bonduelle's new CEO as of June 1, 2023.
  • Bonduelle generates over 45% of its 2.9 billion euros in sales in North America.

Unsatisfied with its growth in the United States, Bondule changes captain 03/05/2023

  • The United States accounts for 34% of the Group's total sales (2.2 billion euros) for the 2021-2022 financial year.
  • France accounts for 23% of the Group's sales for the same period.
  • Bonduelle generates 53% of its sales outside Europe.
  • Fresh Americas division sales down 25%, with 200 redundancies announced.

Bonduelle jostled by the Russian puzzle | Bonduelle is jostled by the Russian puzzle. 06/01/2023

  • Bonduelle generates around 150 million euros in billings in Russia
  • Bonduelle has cut its investments in the country
  • The company has three plants in Russia and 1,000 employees

Bonduelle gets organized in the face of predicted shortages 03/10/2022

  • Present in supermarkets via private labels

Bonduelle will stop 65% of its canned vegetable production. 24/05/2022

  • Bonduelle sells 65% of its American canned and frozen food business to Fonds de solidarité FTQ and CDPQ.
  • Sale price €420 million (a multiple of 8.5 times 2020-2021 EBITDA)

Financial Data

DUNS: 445450174

Legal Name: BONDUELLE

Address: LD WOESTYNE " LA WOESTYNE", 59173 RENESCURE

Number of employees: Entre 200 et 249 salariés (2020)

Capital: 234 806 000 EUR


Financial Data:

Year 2022 2021 2020 2019 2018 2017 2016 2015
Turnover 45 133 040 44 736 000 40 808 518 38 283 976 35 949 947 31 868 001 28 868 000 29 245 958
Gross margin (€) 77 747 612 71 805 000 70 710 588 64 115 893 61 244 669 61 907 983 50 045 000 50 277 000
EBITDA (€) 9 186 202 10 531 000 12 949 843 13 005 202 5 451 865 10 026 436 7 534 000 8 487 000
Operating profit (€) 5 841 086 5 477 000 4 365 016 7 206 399 679 312 4 769 450 3 482 000 5 405 000
Net profit (€) 267 450 520 -2 379 000 23 315 026 43 372 022 30 144 717 19 850 332 23 857 000 4 466 218
Turnover growth rate (%) 0,9 9,6 6,6 6,5 12,8 10,4 -1,3 -
Ebitda margin rate (%) 20,4 23,5 31,7 34 15,2 31,5 26,1 29
Operating margin rate (%) 12,9 12,2 10,7 18,8 1,9 15 12,1 18,5
Working Capital (turnover days) 3 525,7 3 450,6 3 615,2 4 233,6 3 167,1 6 415,7 5 778,2 6 458,5
Working Capital requirements (turnover days) 24 20,9 17,3 -5,2 -2 6,2 21,9 16,6
Net margin (%) 592,6 -5,3 57,1 113,3 83,9 62,3 82,6 15,3
Added value / Turnover (%) 34,7 50,5 47,8 43,8 31,8 24,1 42,2 38,1
Wages and social charges (€) 27 584 321 32 033 000 31 306 128 25 009 896 26 875 703 24 571 545 20 977 000 20 030 000
Salaries / Turnover (%) 61,1 71,6 76,7 65,3 74,8 77,1 72,7 68,5

Company Managers:

Position First Name Last Name Age Linkedin
Président du conseil d'administration Christophe BONDUELLE 64
Directeur général Guillaume DEBROSSE 53
Administrateur Pierre DELOFFRE 75
Administrateur François BONDUELLE 62
Administrateur Benoit BONDUELLE 66
Administrateur Marc BONDUELLE 63
Administrateur Jean-Bernard BONDUELLE 71
Administrateur Pierre Jean Eugène PARIS 66
Administrateur Miriam Hanna Victoire FEDIDA 55
Administrateur Marie-Ange Lucienne Christine de CAUMIA-BAILLENX 61
Administrateur Martine Madeleine Bernadette KIEFFER 59
Administrateur Marion Jeanne Colette CARRETTE 49
Administrateur Armand BEN GUIGUI 59
Administrateur Ana-Maria DAZA NAMEN 50
Administrateur Philippe CARREAU 65

Studies mentioning this company

The frozen French fries market - France

Other companies mentioned:

  • Bonduelle Groupe
  • Intersnack (Knabber Geback Group)
  • Fruits de la terre
  • McCain Food
  • Dr Oetker
  • Lamb Weston
  • Aviko
  • Agristo
  • Carrefour Groupe
  • E.Leclerc
  • Casino Groupe
  • Auchan groupe
  • Picard Surgelés
  • Lidl
  • Cité Gourmande
The canning market - France

Other companies mentioned:

  • ArcelorMittal
  • Constellium France
  • CROWN PACKAGING MANUFACTURING UK LIMITED
  • Bonduelle Groupe
  • Labeyrie
  • Petit Navire (Paul Paulet)
  • Massilly
  • Conserverie la Belle-Iloise
  • Les Vergers de Gascogne
  • Gendreau Groupe
  • St Mamet Distribution (Intermarché ITM)
  • Rochefontaine
  • Chancerelle Conserverie
  • Eviosys
The potato market - France

Other companies mentioned:

  • McCain Food
  • Eureden Group - d’Aucy
  • Agrial Coopérative Primeal
  • Bonduelle Groupe
  • Mousline
  • Lamb Weston
  • Cheetos (Frito Lay)
  • Solina
  • Pom'Alliance
  • Greenyard
  • Farmfrites
  • Simplot
  • Pomuni
  • Legum'Party
  • Agristo
  • Cité Gourmande
The frozen food market - France

Other companies mentioned:

  • Auchan groupe
  • Picard Surgelés
  • Place du Marche (Toupargel)
  • Thiriet
  • Maximo
  • Pomona Groupe (Passion Froid)
  • Sysco Groupe - Davigel
  • Transgourmet France
  • Martin-Brower France
  • Orly Gel
  • M&M Quality Food
  • Ecomiam
  • Boncolac
  • Bonduelle Groupe
  • Ajinomoto
  • Escal Sea Food
  • Carrefour Groupe
  • E.Leclerc
  • Findus France
  • Fleury Michon
  • Iglo (Nomad foods)
  • McCain Food
  • Sodebo
  • Cargill France
  • Routhiau Groupe
The fruit and vegetable trade market - France

Other companies mentioned:

  • Pomona Groupe
  • Grand Frais (Prosol)
  • Compagnie fruitière Paris
  • La fraicherie
  • Les Crudettes - LSDH Groupe
  • Charlet Groupe
  • So Fruce
  • Agrial Coopérative Primeal
  • Florette (Agrial)
  • Lou Légumes
  • Bonduelle Groupe
  • Vergers Cancel
  • Priméale Agrial
  • d'aucy
  • Provenceprim
  • Idyl
  • Jardins du Roussillon
  • Solagora
  • Terrango
  • Maison Colibri (Groupe Roullier)
  • Perle du Nord
  • Le Saint Réseau
  • Saint Charles International-
The strawberry market - France

Other companies mentioned:

  • Auchan Hypermarches
  • Carrefour Groupe
  • E.Leclerc
  • Casino Groupe
  • Franprix (Groupe Casino)
  • Savéol
  • Prince de Bretagne Cerafel
  • Materne (Bel groupe)
  • Joker (Eckes Granini France)
  • Andros Groupe
  • Innocent
  • Charles & Alice
  • Priméale Agrial
  • Terrena (Coopérative)
  • Sicoly
  • Bonduelle Groupe