Bonduelle (BON) Q1 2026 TU earnings summary

Executive summary

• Sales for Q1 FY 2025-2026 reached €519.8 million, a -0.5% change like-for-like and -2.1% reported year-over-year.

• Performance aligns with prior year and current operating income objectives despite a volatile environment.

Financial highlights

• Europe Zone sales declined -2.0% like-for-like and -1.9% reported, impacted by weak consumer trends and unfavorable summer weather.

• Non-Europe Zone grew +1.9% like-for-like but fell -2.3% reported, with strong Eurasia and US performance offsetting inflation-driven consumption downturn.

• Canned segment grew 1.7% reported, frozen up 0.4%, while fresh processed dropped -6.9% reported.

Outlook and guidance

• Objective for current operating income on a like-for-like basis for FY 2025-2026 is confirmed.