From GlobeNewswire: 2025-03-06 12:00:00

Savencia Fromage & Dairy reported a +5.1% increase in revenue for 2024, driven by strong growth in Other Dairy Products. The current operating profit reached €232.3 million, reflecting an increase of +€19.4 million compared to the previous year. Net income for the Group reached €107 million, up from €96.5 million in 2023. The Board of Directors will propose a dividend of €1.60 per share at the upcoming Annual General Shareholders Meeting. The Group also continued to focus on CSR initiatives, including reducing water consumption and GHG emissions.

Looking ahead to 2025, Savencia faces challenges such as evolving consumption patterns, pressure on milk prices, and geopolitical tensions. The Group plans to maintain its specialty strategy, invest in brand growth, and focus on product quality and strong partnerships to navigate market uncertainties. The 2024 financial report includes changes in aggregate formats for organic growth and currency effects, with audit procedures currently underway. Further information is available on the company’s website.



Read more at GlobeNewswire: SAVENCIA FROMAGE & DAIRY : 2024 Full Year Financial