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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.
Savencia
Savencia (SAVE) investor relations material
Savencia Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary14 Oct, 2026
Executive summary
Sales reached €5,423m at 30 September 2026, up 7.8% reported; organic growth was -1.1%, with scope effects offsetting foreign exchange and IAS 29 impacts.
Growth accelerated versus end-June, reflecting the seasonal start of year-end Chocolate invoicing in Q3.
Financial highlights
9M sales increased from €5,033m to €5,423m; reported growth was 7.8%, scope effect +10.0%, and combined foreign exchange and IAS 29 impact -1.1%.
On the restated like-for-like basis, sales were €5,588m versus €5,518m, up 1.3% total, with organic growth of -1.3%.
Outlook and guidance
Water Roadmaps continued in Q3, supporting the ambition to reduce water consumption by 30% by 2035 versus 2019.
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Latest events from Savencia
- Revenue grew, but higher costs and weaker dairy pricing reduced operating income.SAVE
H2 2023 - Net sales rose on acquisitions, but profits softened and debt increased amid integration costs.SAVEH1 2026
- Q1 2026 revenue stable on a comparable basis, with mixed segment performance and ongoing volatility.SAVEQ1 2026 TU
- Organic growth of 1.6% offset currency-driven sales decline, with strong CSR progress.SAVEH2 2025
- Profit and income fell despite stable sales, amid inflation, FX volatility, and merger plans.SAVEH1 2025
- Net income and comprehensive income rose, with stable sales and strong international dairy markets.SAVEH1 2024
- Stable Q1 2025 revenue as dairy inflation and currency volatility shape cautious outlook.SAVEQ1 2025 TU
- 2024 sales rose 5.1%, driven by Other Dairy Products and international market gains.SAVEQ4 2024 TU
- Savencia achieved 5.1% sales growth and higher margins, proposing a €1.60 dividend per share.SAVEH2 2024
Next Savencia earnings date
H2 20265 Mar, 2027
Savencia
Next Savencia earnings date
H2 20265 Mar, 2027
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