Press releases

The 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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Coop Group wants to increase its share in Bell Food Group to more than 66.67%, but has no plans for takeover or delisting

23.06.2022, Ad hoc release pursuant to Art. 53 LR

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Bell Food Group's Investor Day in Landquart and Schaan

19.05.2022

At the Bell Food Group's Investor Day 2022, investors and analysts visited the Hilcona Taste Factory in Landquart and the new production facility for fresh convenience at Hilcona's headquarters in Schaan.

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Successful bond issue by the Bell Food Group

07.04.2022

The Bell Food Group successfully placed a bond of CHF 300 million with a term to maturity of 7 years on the Swiss capital market on 6 April 2022. The net proceeds will be used to refinance the bond maturing on 16 May 2022 as well as for general financing purposes, in particular for the investment programme for Switzerland.

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The Bell Food Group is optimising its Group structure in the convenience growth segment

25.03.2022

The Bell Food Group is adjusting its organisational structure and reorganising the business areas at top Group level. The business area Convenience will be split into the three independent business areas Eisberg, Hilcona and Hügli.

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Do you have any questions?

Head of Corporate Marketing / Communication

Davide Elia

+41 58 326 3030 media@bellfoodgroup.com

Project Manager Corporate Communication

Fabian Vetsch

+41 58 326 3030 media@bellfoodgroup.com

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