Greenyard completes a milestone year and looks forward with high ambitions

Greenyard’s aim has always been to provide people with healthy food solutions for every lifestyle and every moment of the day. As many people as possible should enjoy the numerous benefits of fruit and vegetables. The past year has shown, once again, that our company is in a pivotal position to create a healthier future, both for us and our planet. This responsibility is something we fully embrace. We actively want to improve life.

During the latest financial year, we accelerated our shift to an integrated customer model, successfully developing and growing long-term relationships with some of Europe’s major retailers. Moreover, we made considerable progress in rationalising our operations and creating economies of scale across countries, departments and divisions. This approach led to sound financials, as we let our key figures speak for themselves:

  • Net sales increased by 8.7% to € 4 416m
  • Adjusted EBITDA (post-IFRS 16) increased by 17,6% to € 156,9m
  • Leverage ratio improved to 2,9x (on 31 March 2021) down from 4,4x last year
  • Approximately 2 780 kilotons of sales volume
  • Sales in over 80 countries

 

Our strong performance during a challenging period is the result of the combined efforts of our passionate employees, an extensive and solid network of devoted growers, a powerful base of business partners and increasing support from within society as a whole.

 

Eyes on the future

As a key global supplier of fruit and vegetables, we commit to driving the transition toward healthier lifestyles and more sustainable food supply chains. We do this by making fruit and vegetables more accessible, more convenient and more affordable. The healthy choice will then become the easy choice – for as many people as possible. Improving life is what we set out to do and what we will continue to do. After a milestone year, and together with our customers, an exceptional network of great growers and a strong base of business partners, we are now ready to further accelerate on this path.

More on how Greenyard improves life?

In our 2020/2021 Annual Report, we demonstrate how we stepped up during the latest financial year and what we have in store for the next few years.