Omer-Decugis & Cie, an international group specialising in exotic fresh fruit and vegetables, has published its revenue for the 2022/23 financial year (1 October 2022 to 30 September 2023) and the fourth quarter (1 July to 30 September 2023).
Vincent Omer-Decugis, Chairman and CEO of Omer-Decugis & Cie said: “We have continued our growth momentum throughout the year and posted a new business record. This achievement reflects solid growth across all our market segments, with both divisions (SIIM and Bratigny) pursuing a consistent trajectory. Moreover, the priority placed on improving operating performance over the full year bore fruit. After a first half still impacted by the inflationary environment and the euro/dollar exchange rate, the commercial renegotiations allowed us to improve our operating margin in the second half, which will end up positive and exceed the previous year. Our value chain integration strategy focused on the BPMA segment, targeting all segments of the fresh produce market, is driving our growth and is a pillar of our sustainable development model. All indicators are green for pursuing our corporate mission and achieving our goals for 2025.”
A thirteenth year of growth and revenue breaking the €200 million barrier Omer-Decugis & Cie posted revenue of €206.3 million for the 2022/23 financial year, up 9.4%. A thirteenth consecutive year of growth enabled the Group to break the €200 million revenue barrier for the first time. This robust sales performance was even more satisfying given the dampening effect of a sluggish economic environment on consumer purchasing power. Q4 revenue totalled €42.0 million, up 5.1% versus Q4 2021/22.
The wholesale division posted Q4 revenue of €11.8 million, up 15.6% year-on-year, bringing full-year revenue to €52.0 million, up sharply by 9.3%. Bratigny achieved a strong year that showcased the division’s resilience amid a market environment penalised by inflation, the impact on household purchasing power and below-par seasonal production in France. Bratigny was able to count on its banana
offering and the continued development of its exotic and ethnic segments, boosted by Anarex acquisition at the end of 2021.
Developments and outlook
As announced, Omer-Decugis & Cie stepped up its operational efficiency measures during the second half of FY 2022/23 and was able to confirm a significant improvement in profit margins compared to the previous year.
Lastly, the acquisition of Champaris France, a seasonal fruit and vegetables wholesaler, will drive the development of Bratigny, which now has 24 doors occupying a central place and a continuous stretch of the Paris-Rungis International Market’s main fresh fruit and vegetable pavilion. Omer-Decugis & Cie therefore reaffirms its medium-term growth ambitions and confirms its development plan targeting consolidated revenue of €230 million and an EBITDA margin of over 5% by 2025.
For more information: 
Emeline Pasquier
Omer-Decugis & Cie
Email: epasquier@omerdecugis.com
www.omerdecugis.com