Based mostly in Basle, Switzerland, Bell Meals Group has introduced that its worldwide poultry operation is now a separate enterprise.
A number of adjustments to the agency’s group have been introduced following the most recent Annual Basic Assembly of Bell Meals Group.
Key amongst these adjustments is that the group’s worldwide poultry division — the Hubers/Sütag division — is to function as an impartial enterprise in future. It was previously a part of the Bell Worldwide division.
Moreover, the group’s remaining companies shall be organized by nation though they’ll stay inside the worldwide division.
Reorganization of the corporate construction adopted earlier bulletins of adjustments to the Board, based on chair of the Board of Administrators, Joos Sutter.
After 13 years of management, present CEO Lorenz Wyss is about to retire in June of this yr.
From the beginning of subsequent month, Marco Tschanz will take over as CEO of the Bell Meals Group. In addition, he’ll head up Bell Switzerland and Hubers/Sütag. The Eisberg and Bell Worldwide companies that Tschanz beforehand managed shall be led by Mike Häfeli and Martin Schygulla, respectively.
Efficiency, enterprise growth in 2023
Regardless of dealing with a variety of market challenges, the Bell Meals Group reported progress and market share beneficial properties in its newest annual report for the yr ended December of 2023.
For that interval, internet income was up over 5% year-on-year to 4.5 billion Swiss francs (CHF; US$4.97 billion). At CHF164.7 million, Earnings Earlier than Curiosity and Taxes (EBIT) have been 1.1% larger than within the 2022 fiscal yr, and annual revenue was up by 1.4% at CHF129.6 million.
The group reported that every one the enterprise items contributed to the optimistic final result.
Based mostly on internet income in 2023, the Bell Meals Group’s largest enterprise sector was comfort meals (28%), adopted by poultry (24%), contemporary meat and charcuterie (every with 21%), and seafood (5%).
By gross sales channel, retail is the extra necessary for the group — accounting for 71% of internet income — and food-service the remaining 29%.
General, the group has 20,000 completely different merchandise, and claims to be one of many largest producers of natural poultry in Europe.
By enterprise space, Bell Schweiz (Bell Switzerland) generated 48% of complete internet income in 2023, adopted by Bell Worldwide (24%), Hilcona (12%), Hügeli (9%), and Eisberg (7%)
In its dwelling market, Bell Schweiz produces a variety of meat, poultry, charcuterie, and seafood merchandise at a number of amenities in Switzerland.
Bell Germany, Bell Western/Jap Europe and Hubers/Sütag divisions comprise the Bell Worldwide division. Whereas Bell Germany focuses on air-dried ham merchandise with manufacturing in Germany and Spain, Bell Western/Jap Europe has meat processing amenities in France and Poland. The Hubers/Sütag division includes poultry companies in Austria and Germany, in addition to turkey processing in Germany.
The group’s non-meat operations embrace Eisberg (comfort salads, fruit, and greens), Hilcona model’s contemporary comfort merchandise, and Inexperienced Mountain for vegetarian and vegan meat alternate options.
Whole workforce in 2023 was round 13,000 — based mostly at 65 places in 15 nations.
Extra on Bell Meals Group
Annual slaughterings of over 25 million chickens put Bell Group in among the many main poultry firms in Europe, based on the WATTPoultry.com’s High Poultry Firms survey — as nicely as making it the biggest producer in its dwelling market of Switzerland.
