Boparan - comment

Given the new bond was issued after this quarter ended, there are no surprises in the FYE25 Q1 figures. On a positive note, volumes continue to rise in Poultry, but Boparan acknowledges that it paid for market share, reducing EBIT margins by 80bps in the quarter. We have been here before, as supermarkets push back on higher margins in their poultry suppliers. The call is at 1230 UK time.

https://event.loopup.com/SelfRegistration/registration.aspx?booking=P33OUJ2rBhT6WfdjKdw6zVAk1yRYD2vzRKNcL2ClbYQ=&b=2389e96d-457b-46a8-bebb-fec356d5b031