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Bonduelle Sees Revenue Down In FY2018/19, Cites North America Challenges

Processed vegetables firm Bonduelle has said that the 'sourcing diversification of a major client' at its North America operations was the core reason for a 1.5% decline in like-for-like revenue in full-year 2018/19.

The group posted total sales of €2.78 billion for the period, which was flat on a reported basis, while Q4 sales were €694.9 million, which was up 1.7% on a reported basis and down 2% on a like-for-like basis.

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