Press releases
Bell Food Group posts pleasing result under demanding general conditions
10.02.2023, Ad hoc release pursuant to Art. 53 LR
In a challenging financial year, the Bell Food Group built on the success of the previous record year and posted a pleasing result: net sales were CHF 4.3 billion (+6.4 % in currency-adjusted terms), EBIT came to CHF 162.9 million (+0.4 %) and the annual profit was CHF 127.8 million (+0.4 %).The Bell International business area in particular had a very successful year and was an important driver of the good result.The financial year was dominated by the normalisation of the corona situation, high inflation, rising costs and restrained consumer sentiment.The Annual General Meeting will be requested to approve a dividend of CHF 7 per share.
Read moreBell Food Group posts pleasing result under demanding general conditions
10.02.2023, Ad hoc release pursuant to Art. 53 LR
In a challenging financial year, the Bell Food Group built on the success of the previous record year and posted a pleasing result: net sales were CHF 4.3 billion (+6.4 % in currency-adjusted terms), EBIT came to CHF 162.9 million (+0.4 %) and the annual profit was CHF 127.8 million (+0.4 %).The Bell International business area in particular had a very successful year and was an important driver of the good result.The financial year was dominated by the normalisation of the corona situation, high inflation, rising costs and restrained consumer sentiment.The Annual General Meeting will be requested to approve a dividend of CHF 7 per share.
Read moreThe Bell Food Group is continuing to grow
11.08.2022, Ad hoc release pursuant to Art. 53 LR
The Bell Food Group posted encouraging organic growth in the first half of 2022. Net revenue, after adjustment, rose by 6.2 percent to CHF 2.1 billion. This growth is attributed to the recovery of the convenience segment, the improved utilisation of the Marchtrenk (AT) facility and the rapid implementation of price increases in response to inflation.The coronavirus situation has normalised as expected. As a result, the food service channel recovered substantially while the high, pandemic-driven retail sales contracted slightly. The extraordinarily severe and rapid inflation was unexpected.The speedily implemented price increases could not entirely keep up with inflation. At CHF 63.0 million, EBIT is – after adjustment – only slightly below the previous year's record (CHF -2.6 million, -4.0 %). This result was made possible by the rapid implementation of price increases and immediate initiation of cost measures. EBIT was thus CHF 5.0 million higher than the pre-pandemic reference value for 2019.The Bell Food Group could not escape the negative currency developments. The half-year result was CHF 40.2 million, which, after adjustment, is CHF 10.9 million below the previous year.The convenience business areas Eisberg, Hilcona and Hügli benefited from the growth momentum in the food service market. This made up for the expected decline in the business area Bell Switzerland following the normalisation of the market. Bell International is well positioned in the market and posted gratifying organic growth, but lost sales volume in view of depressed consumer sentiment.The Bell Food Group adopted its new sustainability strategy 2022–2026 in the first half of 2022. The new strategy pursues ambitious objectives, and also takes account of the upstream and downstream value chains for the first time.
Read moreThe Bell Food Group is continuing to grow
11.08.2022, Ad hoc release pursuant to Art. 53 LR
The Bell Food Group posted encouraging organic growth in the first half of 2022. Net revenue, after adjustment, rose by 6.2 percent to CHF 2.1 billion. This growth is attributed to the recovery of the convenience segment, the improved utilisation of the Marchtrenk (AT) facility and the rapid implementation of price increases in response to inflation.The coronavirus situation has normalised as expected. As a result, the food service channel recovered substantially while the high, pandemic-driven retail sales contracted slightly. The extraordinarily severe and rapid inflation was unexpected.The speedily implemented price increases could not entirely keep up with inflation. At CHF 63.0 million, EBIT is – after adjustment – only slightly below the previous year's record (CHF -2.6 million, -4.0 %). This result was made possible by the rapid implementation of price increases and immediate initiation of cost measures. EBIT was thus CHF 5.0 million higher than the pre-pandemic reference value for 2019.The Bell Food Group could not escape the negative currency developments. The half-year result was CHF 40.2 million, which, after adjustment, is CHF 10.9 million below the previous year.The convenience business areas Eisberg, Hilcona and Hügli benefited from the growth momentum in the food service market. This made up for the expected decline in the business area Bell Switzerland following the normalisation of the market. Bell International is well positioned in the market and posted gratifying organic growth, but lost sales volume in view of depressed consumer sentiment.The Bell Food Group adopted its new sustainability strategy 2022–2026 in the first half of 2022. The new strategy pursues ambitious objectives, and also takes account of the upstream and downstream value chains for the first time.
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