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LDC SA
Q2 2027 TU
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LDC SA (LOUP) Q2 2027 TU earnings summary

Event summary combining transcript, slides, and related documents.

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Q2 2027 TU earnings summary

7 Oct, 2026

Executive summary

  • H1 2026-2027 revenue reached €3,739.8m, up 8.4% YoY; Q2 revenue was €1,883.4m, up 6.6%.

  • Growth reflected higher like-for-like sales and acquisitions, with strong activity across all divisions in Q2.

Financial highlights

  • H1 revenue rose 8.4% to €3,739.8m; like-for-like revenue increased 5.2% to €3,629.8m.

  • H1 scope effect was €110.0m, including Pierre Martinet (€67.9m), Green Label (€34.3m), and Upstream acquisitions (€7.8m).

  • Q2 revenue grew 6.6% to €1,883.4m; growth excluding scope and FX was 4.2%.

Outlook and guidance

  • FY 2026-2027 targets confirmed: revenue above €7.7bn and recurring operating margin above 5.5% of sales.

  • Consumption is expected to remain resilient; grain-price visibility is good, with increases to be passed through under French EGalim measures.

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