Press releases
The Bell Food Group grows by 5.5 percent and continues to gain market share
07.02.2024, Ad hoc release pursuant to Art. 53 LR
The Bell Food Group posted a satisfactory result in 2023: net revenue amounted to CHF 4.5 billion (+5.5 % in currency-adjusted terms), EBIT came to CHF 164.7 million (+1.1 %) and the annual profit was CHF 129.6 million (+1.4 %).All business units contributed to the positive outcome.The environment was challenging, and the entire financial year was overshadowed by inflation, volatile market conditions and geopolitical tensions. Business in the first half suffered from unfavourable weather conditions. These factors all resulted in dampening of consumer sentiment.The inflation-driven rise in costs was mostly compensated by consistent cost management, efficiency enhancements and the prompt implementation of price adjustments.Operating cash flow grew strongly.The Annual General Meeting will be requested to approve a dividend of CHF 7 per share.
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