French poultry group LDC has booked a rise in quarterly sales on the back of better volumes and success in securing price increases from its retail customers.

The company booked a 5.4% increase in fourth-quarter sales to EUR697.6m (US$1.01bn) for the three months to 28 February. Volumes were up 0.9%.

In France, sales volumes rose 1.5% as LDC won price increases to assist the business in offsetting grain costs.

Neverthless, LDC warned that the “persistant tension” on the price of raw materials “could require a new revaluing of prices in the coming months”.

Internationall, LDC’s sales climbed 5.3% to EUR44.3m. At constant exchange rates, sales dipped from EUR42m to EUR41.9m. Volumes increased 0.3%.

Over the year, LDC’s turnover grew 23.7% to EUR2.55bn due to the first full-year contribution from the Arrive and Marie business acquired in 2009. Excluding the impact of those units, sales were up 3.5%.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

LDC’s full annual financial figures will be announced on 25 May.