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.
The Bell Food Group grows by 5.5 percent and continues to gain market share
07.02.2024, Ad hoc release pursuant to Art. 53 LR
The Bell Food Group posted a satisfactory result in 2023: net revenue amounted to CHF 4.5 billion (+5.5 % in currency-adjusted terms), EBIT came to CHF 164.7 million (+1.1 %) and the annual profit was CHF 129.6 million (+1.4 %).All business units contributed to the positive outcome.The environment was challenging, and the entire financial year was overshadowed by inflation, volatile market conditions and geopolitical tensions. Business in the first half suffered from unfavourable weather conditions. These factors all resulted in dampening of consumer sentiment.The inflation-driven rise in costs was mostly compensated by consistent cost management, efficiency enhancements and the prompt implementation of price adjustments.Operating cash flow grew strongly.The Annual General Meeting will be requested to approve a dividend of CHF 7 per share.Learn more