Bonduelle has reported an increase in turnover of 21.4 per cent for the full-year of 2017/18, up to €2.78bn from the €2.29bn recorded in the previous year.
The boost was aided by the consolidation over the year of the Ready Pack Foods acquisition and the 'resilience' of Bonduelle's historical core business.
'This performance, achieved in a still sluggish consumption environment in Europe and USA and in a slow, but improving one in Eastern Europe, demonstrates the validity of the group's business model, diversified both geographically and in business segments along with its distribution networks, coupled with a growth strategy that combines organic growth and acquisitions,' the group noted.
'The completion of the Del Monte Business Activity acquisition in Canada highlights the group's expansion ambition towards plant-based products.'
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