LDC: FY sales slip 1.4%

(CercleFinance.com) - The poultry group LDC has published 2020-2021 sales of 4.
4 billion euros, down 1.4% y-o-y and LFL.

At the same time, operating income fell slightly, from 201 million euros to 194 million euros while net income, group share slipped from 143 million euros to 140 million euros.

At its AGM, scheduled for 19 August 2021, its Management Board will propose a dividend payment of 1.80 euro per share, up 50% from the 1.20 euro paid the previous year.

LDC remains particularly attentive to trends in consumption and the continued rise of raw materials costs, it said.


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