The Bell Food Group is one of the leading processors of meat and convenience products in Europe and is market leader in Switzerland. The roots of this company steeped in tradition stretch back to 1869 when Samuel Bell opened his first butcher's shop in the inner city of Basel. Today, our range includes fresh meats, poultry, charcuterie and seafood as well as ultra-fresh, fresh and non-perishable convenience food products. Millions of consumers enjoy pleasurable moments and increased quality of life every day with products from our Bell, Eisberg, Hilcona and Hügli brands.
Bell Food Group posts encouraging organic growth of 5 percent
13.08.2024, Ad hoc announcement pursuant to Art. 53 LR
The Bell Food Group continued the positive earnings trend of the previous years to post a good operating result in the first half of 2024. Adjusted for foreign exchange and acquisition effects, net revenue rose by 5.1 percent toCHF 2.3 billion.EBITDA grew by CHF 3.6 million to CHF 151.6 million (+2.4 %). The positive trend of the past few years was continued successfully.At CHF 63.8 million, EBIT was up 0.3 percent year-on-year. The half-year profit was stable at CHF 45.3 million.All business units contributed to sales growth in spite of the shift towards less expensive products.Targeted product range management and innovative initiatives improved the competitive position and led to gains in market share.The investment programme in Switzerland is proceeding according to plan.Marco Tschanz took over from Lorenz Wyss as CEO of the Bell Food Group on1 June.
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