From GlobeNewswire: 2024-09-19 13:00:00

In exciting news, SAVENCIA, a leading French dairy company, reported a 7.6% increase in net income for the first half of 2024 compared to the same period last year. This growth was driven by higher sales in their cheese and specialty dairy products, with total revenue reaching €2.35 billion.

Additionally, SAVENCIA highlighted their strong performance in the international market, with revenue from outside of France accounting for 49% of total sales. This demonstrates the company’s successful expansion efforts and ability to capture market share in diverse global regions.

Furthermore, SAVENCIA announced plans to invest €1 billion in expanding production capacity and developing new products over the next five years. This strategic investment aims to support continued growth and innovation within the company, ensuring long-term success in a competitive industry.

Overall, SAVENCIA’s impressive financial results, international success, and strategic investment plan position the company as a key player in the dairy industry. With a strong focus on innovation and growth, SAVENCIA is well-positioned for future expansion and continued profitability.



Read more at GlobeNewswire:: SAVENCIA : Rapport Financier Semestriel 2024