France's LDC increases revenue by 9% in 2011-2012
Fench poultry producer, the LDC Group has announced a turnover of €2.8 billion in 2011-2012, a net increase of 8.6% from 2010-2011.
LDC, which saw it sales volume increase by 2.1%, owns brands such as Mâitre coq and le Gaulois.
LDC's catering division, with brands such as Marie and La toque angevine in its care, reported a 1.6% drop in revenue 2011-2012, with sales volume declining by 5.6% over the same period.
The total "should significantly exceed its target of operating income set at more than 80 million euros," the company predicted.
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