Press releases
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.
Read moreContinuity and dynamic development: Marco Tschanz appointed new CEO of Bell Food Group from June 2024
18.10.2023, Ad hoc release pursuant to Art. 53 LR
Marco Tschanz has been appointed the new CEO of the Bell Food Group with effect from 1 June 2024.The Board of Directors considers him to be the ideal person for this position. Marco Tschanz has been playing a key role in shaping the company's successful strategy for the past nine years.His appointment not only lays the foundation for the Group's dynamic development, but also guarantees continuity.The current CEO Lorenz Wyss will retire from the company on 30 June 2024. During his 13 years at the helm, the Bell Food Group successfully grew to be one of the leading food manufacturers in Europe.
Read moreGeiser AG takes over the Frischeparadies Zurich delivery business
01.09.2023
The food service specialist Geiser AG in Schlieren (ZH) is taking over the delivery business of Frischeparadies in Zurich. Frischeparadies focuses on supplying the catering sector. From its manufacturing facility in Zurich, it delivers products to many customers in the region and elsewhere. Frischeparadies is particularly well-known for its expertise in seafood and meat.
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