Greenyard, the Sint-Katelijne-Waver, Belgium-headquartered vegetable and fruit processing and marketing company, has published its Annual Report for the financial year 2023-24. The integrated report, available now, details the Group’s strategic, operational and financial performance, as well as its role and progress in establishing sustainable food systems.
As already announced last month, Greenyard achieved record high results for the fiscal year ending on March 31, 2024. The company outperformed the industry, exceeding €5 billion in sales for the first time in its 40-year history. A significant milestone, with a remarkable 10.9% increase compared to last year (like-for-like). There was significant growth in Adjusted EBITDA (+11.5% to €186.5 million), Net Result (+63% to €15.2 million), and a continued decline in its leverage ratio to below 2 x (1.87 x).
As Greenyard is taking a leading role in the dietary shift among many consumers toward healthier and more sustainable eating, the company remains dedicated to offering tasty, convenient and healthy pure-plant food products in a broad and diverse offering of fresh, frozen, and prepared fruits and vegetables. Significant strides forward were made over the past financial year; how this was enabled can now be discovered in the Annual Report.
