Savencia Fromage & Dairy posted sales close to 1.7 billion euros for the first three months of the current year, up 1.6% on a reported basis and stable (+0.1%) at constant exchange rates and scope of consolidation.

In organic terms, a favorable contribution from cheese products of 2.5%, thanks in part to positive volume dynamics, offset a 2.1% decline in other dairy products, linked in particular to a drop in commodity volumes.

In a volatile and uncertain environment marked by changing consumption patterns and geopolitical and economic tensions, Savencia says it will continue its adaptation and investment efforts in 2024.

Copyright (c) 2024 CercleFinance.com. All rights reserved.