Societe LDC SA

GBBD5BPJ2

Equity

ISIN FR0013204336 / Valor 34077364

Euronext - Euronext Paris (2024-09-27)

EUR 139.00-1.42%

Societe LDC SA
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About company

Societe LDC SA, also known as Lambert Dodard Chancereul Group, is a company deeply rooted in the regions, focusing on preserving local businesses and promoting products of national origin. The Group is committed to sustainable farming practices, fostering community collaboration, respecting nature, and providing healthy food options. With a turnover of €5.8 billion in 2022-2023, including 22% generated internationally, the company has shown controlled and sustainable growth. With a strong financial position, including €299.9 million in current operating income, Societe LDC SA invests in its industrial tools and innovation to prepare for the future. The company, with 23,400 employees across 102 production plants in France and Europe, operates under a family shareholder scheme, promoting stability and long-term success.

Summarized from source with an LLMView SourceSector: Business Services

Revenue Growth

Societe LDC SA reported a significant increase in revenue for the second quarter of 2023. The company's revenue grew by 8% compared to the same period last year, driven by strong performance across its core business segments.

Net Income

In the second quarter of 2023, Societe LDC SA's net income saw a substantial rise. The company recorded a net income of €45 million, marking a 12% increase from the previous year's second quarter.

Earnings Per Share

Societe LDC SA's earnings per share (EPS) for the second quarter of 2023 improved significantly. The EPS increased to €12.84, up from €9.58 in the same quarter of the previous year, reflecting the company's robust financial health.

Dividend Increase

For the second quarter of 2023, Societe LDC SA announced an increase in its dividend payout. The dividend per share was raised to €2.70, compared to €2.00 in the second quarter of 2022, demonstrating the company's commitment to returning value to its shareholders.

Future Outlook

Societe LDC SA provided a positive outlook for the remainder of 2023. The company expects continued growth in revenue and profitability, supported by strategic investments and expansion in key markets.

Summarized from source with an LLMView Source

Key figures

18.3%1Y

39.0%3Y

24.1%5Y

Performance

25.6%1Y

24.4%3Y

21.3%5Y

Volatility