Bonduelle (BON) Q4 2026 TU earnings summary

Executive summary

• Fiscal year 2025-2026 sales reached €2,186.2 million, up 0.4% like-for-like but down 0.8% reported year-over-year, reflecting resilience amid adverse FX and US market challenges.

• Europe and Eurasia regions drove growth, offsetting declines in North America and other non-Europe zones.

Financial highlights

• Q4 sales were €548.0 million, down 0.5% like-for-like and 1.3% reported compared to Q4 last year.

• Europe zone sales grew 1.3% year-over-year; non-Europe zone sales declined 4.1% reported and 1.0% like-for-like.

• Canned segment grew 4.6% reported, frozen up 2.3%, while fresh processed declined 8.8% reported year-over-year.

Outlook and guidance

• Current operating income is expected to be slightly below the revised €80 million target due to pricing pressure and market challenges.

• Profitability impacted by Chinese sweet corn imports, private-label pricing pressure, and Middle East crisis.