Board Meetings Session

End of November 2025, we had our traditional session of Board meetings for each subsidiary. It was a good opportunity to first finalize the exceptional previous season and of course to focus on this one in terms of production (quality and available tonnages), forecasts of sales and obviously the budget 2025/26.

For sure, a lot of challenges to cope with, and specially regarding the tonnages we have at our disposal for supplying a more than tense market.

In the most part of daughters, we have decided to maintain the local sales price and to take the risk to have unsold. It’s a strategic decision that we do assume and for the moment permitting to insure a good turnover.

We expect € 170 million this season versus € 177 million last year, but as we all know, nothing is finalized for the moment, and the three months to come will be crucial. 

In terms of financial KPI’s and especially profitability for the Group, we want to be ambitious and we predict to reduce it by only 25% regarding last year, which was, one more time, an  exceptional one.

So, we have clear targets, a lot of ambition, a full commitment of everyone and … WE ARE ON THE SAME BOAT.

Gilles Fontaine