The Group is now organised around two geographic regions - Europe Zone and Non-Europe Zone - each with their own distinct characteristics and approaches, and 4 business units:
•In Europe Zone, Bonduelle Europe Long Life (canned and frozen operating segments) and Bonduelle Fresh Europe (fresh and delicatessen operating segments) in the retail and catering sectors, for branded and private labels, •In Non-Europe Zone, Bonduelle Americas regrouping canned and frozen food activities in North and South America and Bonduelle Development regrouping the Group's activities and development in the rest of the world, particularly in Eastern Europe.
The four General Managers of the above Business Units plus the HR and Finance Directors have joined Christophe Bonduelle, the Group's Chairman and Chief Executive Officer, to form the Group's Executive Board.
Sustainable development: Use of the GRI Frame of Reference
As part of its consistent and credible approach in terms of Social and Environmental Responsibility, the Bonduelle Group now complies with the internationally recognised GRI frame of reference (Global Reporting Initiative) for its 2012 non-financial reporting. Bonduelle is one of the very rare companies outside of the CAC 40 (French major listed companies index) to have implemented such an approach. Following its first assessment, the Bonduelle Group was awarded a B+ application level, thus placing it amongst the best French companies also using this frame of reference.
The GRI is an independent international organization founded in 1997, in partnership with the United Nations Environment Programme (UNEP), whose head office is in Amsterdam. Its purpose is to develop globally applicable directives with the aim of structuring and standardizing company (and organization) management reports in terms of sustainable development. Its objective is to implement a reliable and coherent framework used to monitor and compare corporate social responsibility policy performances on an international scale.
Following a first half financial year in line with the Group's expectations in terms of activities and profitability, a rather mixed European consumption environment coupled with some marketing investments for the second half of the year, the Bonduelle Group remains confident in achieving an overall growth of 8% for sales and between EUR 106 to EUR 108 million for current operating profitability, hence a 7% increase in line with the objectives announced in October 2012.
As approved during its Annual General Meeting held on the 6th of December 2012, at the end of March 2013, the General Partner will divide the Bonduelle's share nominal value by 4, going from EUR 7 to EUR 1.75 and therefore swopping each current share of EUR 7 to 4 new shares of EUR 1.75, keeping the same dividend rights, hence resulting in the number of shares being multiplied by 4.
This operation will allow an increase in the share market liquidity and improve the access for new shareholders.
This transaction will not incur any fees, any formalities or loss of rights for any of the shareholders.
Please note that the stock options, BSAAR and any existing free shares will be adjusted accordingly.
* at constant currency exchange rate and scope of consolidation basis
Next financial events
•2012/2013 3rd Quarter FY Turnover: 2nd of May 2013 (prior to stock exchange trading session) •2012/2013 FY Turnover: 6th of August 2013 (prior to stock exchange trading session) •2012/2013 FY Results: 3rd of October 2013 (prior to stock exchange trading session)
Find the complete recorded Half Year results on www.bonduelle.com
Contacts - Presse
Tel: 03 28 52 00 51
P : 06 09 25 14 61
Tel. 03 28 52 00 56
Email : email@example.com
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