French food company Fleury Michon has booked an increase in annual sales thanks to a jump in sales in the fourth quarter.

Fleury Michon had seen sales slip 0.6% in the first nine months of the year but a 7.3% rise in the fourth quarter led to a 1.3% increase in 2014 compared to 2013. Annual revenue reached EUR707.1m (US$808.6m).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Fourth-quarter sales were boosted by growth in its revenues from the French retail channel, which accounts for over 85% of its business. Its sales in the channel were up 7.3% in the quarter. Fleury Michon saw its fledgling foodservice business grow sales by 12.9% in the last three months of the year.

Over the course of the year, Fleury Michon saw its retail sales increase 1.7% and its foodservice sales grow 5.9%.

The company will report its full 2014 results in April.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now