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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Bonduelle
Bonduelle (BON) investor relations material
Bonduelle H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 earnings summary5 Oct, 2026
Executive summary
FY2025/26 sales were €2,186.2m, down 0.8% reported but up 0.4% like-for-like; current operating income declined to €79.6m.
Transformation focused on higher-value prepared foods, brands, operational efficiency, cost control and financial resilience.
Financial highlights
Revenue was €2,186.2m vs €2,203.8m; internal growth added €8.9m, FX reduced sales by €26.5m and scope changes had no impact.
Current operating income fell to €79.6m from €83.8m; reported margin was 3.6%, down 16 bps, and like-for-like margin was 3.4%, down 41 bps.
Consolidated net income was €16.2m vs a loss of €11.5m; continuing operations recorded a €16.9m loss and discontinued operations contributed €33.1m.
Current operating cash flow rose to €98.9m from €71.4m, supported by lower inventory and tighter investment control.
Reported operating income was €32.3m vs €73.0m, reflecting €47.3m of non-recurring charges; financial results improved to -€29.2m from -€35.1m.
Outlook and guidance
FY2026/27 priorities are to maintain current operating profitability, improve cash generation and reduce debt amid agricultural and geopolitical uncertainty.
Transform to Win execution is set to accelerate, focusing on competitiveness, value-creating activities, brands, categories and operational efficiency.
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Latest events from Bonduelle
- Stable sales driven by Europe and Eurasia growth, but profitability faces headwinds.BON
Q4 2026 TU - Q3 sales up 1.5% like-for-like, but FX and market pressures weigh on profitability outlook.BONQ3 2026 TU
- Net income rose to €56.5M on asset disposals, with stable sales and improved margin.BONH1 2026
- Q1 sales stable at €519.8M, outlook confirmed, €0.25 dividend proposed.BONQ1 2026 TU
- Profitability rebounded on international growth and disposals, with a positive outlook.BONH2 2025
- Sales stable at €2.2B, with North America and Eurasia growth offsetting Europe decline.BONH2 2025 TU
- Operating income rose but net income turned negative due to major asset impairments.BONH2 2024
- Bonduelle achieved like-for-like revenue growth and expects profitability at the top of its target.BONQ4 2024 TU
- Stable Q1 sales and branded growth support confirmed annual targets and B Corp progress.BONQ1 2025
Next Bonduelle earnings date
Q1 2027 TU5 Nov, 2026
Bonduelle
Next Bonduelle earnings date
Q1 2027 TU5 Nov, 2026
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Frequently asked questions
Bonduelle SCA is a French corporation specializing in the processing and distribution of packaged vegetables. The company provides a wide array of products, including fresh, canned, and frozen vegetables, as well as prepared food items such as green salads, raw vegetables without seasoning, bowls, snacks, and ready-to-mix salads. Bonduelle markets its offerings under several brand names, including Bonduelle, Del Monte, Cassegrain, Arctic Gardens, Ready Pac, and Globus. The company is headquartered in Villeneuve d'Ascq, France, and its shares are listed on the Euronext Paris.