16 July 2008 – French vegetable processing company Bonduelle saw its shares drop 7.06% yesterday, bringing their fall to 35% this year.
Like other consumer goods companies, Bonduelle is suffering from investors’ worries about a European-wide drop in households’ spending power. Investment bank Fortis took Bonduelle off its ‘Buy’ list last week.
Bonduelle remains confident the group will meet its targets with regards to operational results for the year.
