Global Industry: Frozen food maker announces results

Bremerhaven. (bm) Belgium’s Vandemoortele NV released its 2023 consolidated financial results. In a challenging year, shaped by an uncertain economy and geo-political tensions, the Group achieved excellent results. Group revenue increased by EUR 186 million to EUR 1’925 million. The adjusted Ebitda was EUR 51 million higher than in 2022. «In terms of Ebitda margin, we are back at pre-Covid levels. This proves our business strategy is working», says Group-CEO Yvon Guérin. Other topics of the week: