A SOLID PERFORMANCE IN 2019
Avril ended the year with an EBIDTA of €170 million (+11% vs 2018) and exceeded its financial objectives in almost all its activities. In 2019, a more favorable market context enabled the primary activity of the Group - plant processing and biodiesel production - to restore its margins.
Recovery of Avril Vegetal
The EBITDA of the activity is growing strongly thanks to the good performance of Saipol (which is also continuing its transformation plan) and to the good results achieved by Expur in Romania. Performance in the Oils and Condiments sector was driven by the restoration of margins on olive oil and the success of Lesieur’s mayonnaise in Algeria. Strongly contributing to the creation of value for the Group, the Avril Specialties activity balances its results thanks to the diversity of its international markets.
Dynamism of animal nutrition and the pig branch
The Avril Livestock Sectors activity produced some markedly contrasting results: growth in animal nutrition (which benefited from a favorable context regarding the prices of raw materials and animal products) and an improvement to its margins; it was an exceptional year for the pig branch which combined the performance of its business model with the positive effects resulting from the African swine fever. However, it was a difficult year for the egg branch, which continued to be penalized by delays in shifting its model towards alternative rearing systems
Read the press release on the financial results
Recognized CSR progress
As the CSR pillar of the Avril 2023 plan, the SPRING approach was implemented for the first time in 2019. With a score of 1.1 out of 5, Avril ended the year in line with the goal it had set for itself: gain one point per year. Five Group entities are now being evaluated by the EcoVadis CSR scoring platform, and this concerned three new entities in 2019: Lesieur – which reached the Gold level - and Novastell and Ovoteam, which both attained Silver. On its side, Oleon pursued its pilot program regarding its own suppliers: more than a hundred key suppliers were evaluated using EcoVadis.
Policies acknowledged by several NGOs
In the area of animal welfare, CIWF gave the Group a Good Egg Award in recognition of its commitment to alternative egg production. There was also recognition of the actions engaged in the context of the Sustainable Palm Policy. Evaluated by WWF, the Group ranked fourth on the Palm Oil Buyers Scorecard, with a score of 13 out of 22, thus confirming Avril’s progress in priority areas such as the traceability of its supplies and the Group’s direct involvement alongside producers in the field.