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Lactalis sets out France capex programme
Yahoo Finance· 2025-09-16 18:26
Group 1 - Lactalis plans to invest €1bn ($1.18bn) to modernize its manufacturing sites in France by 2030 [1] - The company operates 69 dairies in France and offers around 6,000 SKUs [1] - Investment will focus on production equipment, innovation, and decarbonization [1] Group 2 - Lactalis is expanding its Petit Basque cheese production plants and adding new production lines in Bouvron and Bayeux [2] - The French dairy market is described as "in flux," influenced by environmental constraints and international competition [2] - Lactalis reported a 1.4% increase in sales volumes in France, outperforming the national market in certain categories [2] Group 3 - The cheese business has seen growth due to demand for products used in hot dishes [3] - The Lactel brand is gaining market share in a declining milk category, aided by the performance of the new Vita' Vie product [3] - Lactalis's revenue exceeded €30bn for the first time, growing by 2.8% last year [3] Group 4 - Operating income increased by 4.3%, while net income decreased from €428m to €359m [4]