Bonduelle (BON) Q3 2026 TU earnings summary

Executive summary

• Quarter 3 FY 2025-2026 sales reached €527.1 million, up 1.5% like-for-like, but down 0.4% reported due to negative currency effects.

• Nine-month sales totaled €1,638.2 million, up 0.7% like-for-like, down 0.6% reported, reflecting continued FX headwinds.

• Sales figures exclude discontinued packaged salads activities in France and Germany, following disposals.

Financial highlights

• Canned segment sales rose 4.0% like-for-like over nine months, with Q3 up 6.8%.

• Frozen segment grew 2.6% like-for-like over nine months, with Q3 up 5.0%.

• Fresh processed segment declined 4.2% like-for-like over nine months, with Q3 down 6.2%.

• Europe zone (62% of business) grew 1.5% like-for-like over nine months, with Q3 up 4.2%.

• Non-Europe zone declined 0.6% like-for-like over nine months, with Q3 down 3.0%.

Outlook and guidance

• Annual sales expected to remain stable.

• Operating profitability forecast revised slightly downward due to adverse market conditions, including Chinese corn imports, private label price pressure, and Middle East crisis.