Savencia performance at the end of September 2024

The Savencia Fromage & Dairy group recorded a 1.3% increase in its turnover as of September 30, 2024 compared to the previous year, reaching 5,082 million euros. This increase is the result of organic growth of 2.2% and a positive structural effect of 1.3%, despite an unfavorable exchange rate impact of 2.2%.

Cheese Products showed stability with a marginal organic increase of 0.1%, supported by a beneficial price effect. Other Dairy Products stood out with organic growth of 5.9%, driven by a recent acceleration and favorable market conditions.

The geopolitical and economic context remains uncertain, with a high milk price, particularly in France. Savencia continues to invest in the diversification of its activities to adapt to these challenges.