SAVENCIA: Activity at the end of September 2025

Core Insights - As of September 30, 2025, Savencia Fromage & Dairy Group reported a slight decline in net sales by 1% compared to 2024, primarily due to a 4% unfavorable currency impact from South American currency devaluations, while organic growth remained resilient at +2.8% [4][3] Financial Performance - Net sales amounted to €5,033 million, down from €5,082 million in the previous year, reflecting a -1.0% change [2] - Cheese Products generated sales of €2,861 million, a decrease of 0.6% from €2,879 million, with organic growth at +0.5% [2][5] - Other Dairy Products saw sales of €2,353 million, down by 1.2% from €2,380 million, but achieved an organic growth of 5.6% [2][6] Market Context - The dairy economy is characterized by record milk prices in the third quarter, particularly in France, amidst a volatile geopolitical and economic environment [7] - The Group's structural effect of 0.3% growth is attributed to the integration of Ugalait since July 2, 2024 [4] Strategic Initiatives - Savencia is focused on adapting and investing in its various businesses to respond to market uncertainties, emphasizing product quality and team dedication [8] - The company is committed to decarbonization, aiming for a -1.5°C trajectory by 2035 and "Net Zero by 2050," with ongoing energy efficiency programs [10]