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Bell Food Group posts encouraging organic growth of 5 percent
13.08.2024, Ad hoc announcement pursuant to Art. 53 LR
The Bell Food Group continued the positive earnings trend of the previous years to post a good operating result in the first half of 2024. Adjusted for foreign exchange and acquisition effects, net revenue rose by 5.1 percent toCHF 2.3 billion.EBITDA grew by CHF 3.6 million to CHF 151.6 million (+2.4 %). The positive trend of the past few years was continued successfully.At CHF 63.8 million, EBIT was up 0.3 percent year-on-year. The half-year profit was stable at CHF 45.3 million.All business units contributed to sales growth in spite of the shift towards less expensive products.Targeted product range management and innovative initiatives improved the competitive position and led to gains in market share.The investment programme in Switzerland is proceeding according to plan.Marco Tschanz took over from Lorenz Wyss as CEO of the Bell Food Group on1 June. Read more Show archive
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