Bel
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2019 Fourth quarter sales - Seite 3
Organic growth corresponds to reported sales growth, excluding impacts from foreign exchange fluctuations and changes in the scope of consolidation, i.e. on a constant structure and exchange rate basis. The organic growth rate is calculated by applying the exchange rate for the prior year period to the current year period.
Operating margin corresponds to operating income.
This press release may contain forward-looking statements. Such trend and/or target information should in no way be regarded as earnings forecast data or performance indicators of any kind. This information is by nature subject to risks and uncertainties that may be beyond the Company's control. A detailed description of these risks and uncertainties is provided in the Company's Registration Document, available at (www.groupe-bel.com). More comprehensive information about the Bel Group can be found in the "Regulatory Information" section of the www.groupe-bel.com website.
About Bel
The Bel Group is a world leader in branded cheese and a major player in the healthy snack market. Its portfolio of differentiated and internationally recognized brands include such products as The Laughing Cow, Kiri, Mini Babybel, Leerdammer, Boursin, Pom’Potes, and GoGo squeeZ, as well as some 20 local brands. Together, these brands helped the Group generate sales of €3.4 billion in 2019.
Some 12,400 employees in some 30 subsidiaries around the world contribute to the deployment of the Group's mission to champion healthier and responsible food all. Bel products are prepared at 32 production sites and distributed in nearly 120 countries.
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Public relations
Bel Group – Agence BCW
Alice Dalla Costa / Cécile Pochard
alice.dalla-costa@bcw-global.com / cecile.pochard@bcw-global.com
01 56 03 12 26 / 01 56 03 12 95
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