Limagrain Continues to Grow

CHAPPES, France, Nov. 7, 2012 /CNW/ - Limagrain has just completed its 
2011/2012 fiscal year and can announce a sharp rise in its sales. Within a 
difficult economic climate, the international agricultural co-operative Group 
demonstrates once again the relevance of its strategy of consolidating its 
agricultural base in the Auvergne region while successfully expanding in major 
agricultural areas around the world. 
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Consolidated sales totalled €1,784 M, compared with €1,555 M in 2011, 
therefore an increase of nearly 15%. 
Net profit totalled €88 M, compared with €92 M during the previous fiscal 
year, but the latter included a windfall profit of €30 M as a result of the 
sale of equity securities in China. Investment in research rose significantly 
to €165 M compared with €157 M, therefore 13% of "professional" sales. As 
of 30 June last, the Group has subsidiaries in 39 countries with almost 7,800 
permanent employees. 
Daniel Chéron,CEO forLimagrain, comments: "In the current difficult 
economic context, Limagrain has stayed on course and the increase of around 
15% in our sales demonstrates this. Incorporating Brossard into the Bakery 
Products' Division has been a great success.The Group is continuing with its 
international development through sites in new areas, in particular 
inBrazilwith projects involving seeds as well ascerealproducts and in 
India with the acquisition of Bisco for field seeds and Century, a specialist 
in vegetable seeds." 
Limagrain is an international agricultural co-operative group,specialized in 
field seeds, vegetable seeds and cereal products. Founded and managed by 
French farmers, Limagrain is the 4(th)largest seed company in the world 
through its holdingVilmorin & Cie, European leader for functional flours 
throughLimagrain Céréales Ingrédientsand 3(rd)largest French 
industrial producer of Bread-Viennoiserie-Pastries throughJacquet-Brossard. 
The Group makes annual sales of more than 1.7 billion Euros and has a 
headcount of nearly 7,800, spread out over 39 countries, including 1,550 
researchers. In Auvergne the Co-operative has 3,500 farmer members. It 
conducts its business within the framework of a global, sustainable vision of 
agriculture and agri-food based on innovation and regulation of agricultural 
For further information: 
LIMAGRAIN PRESS CONTACT: Marie-Laure Joblon, Media Communication  Officer, 
SOURCE: Limagrain 
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-0- Nov/07/2012 14:00 GMT
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