Limagrain: The group is embarking on a legume sector
Jan. 28, 2020
Nearly 800 hectares of pulses should be sown this campaign by Limagrain, which achieved a turnover of 1.88 billion euros.
The Limagrain cooperative has already created supply chains from upstream to downstream, such as that of wheat transformed into sliced bread by the industrial baker Jacquet. To date, the cooperative is in the midst of thinking about launching into another sector, that of pulses intended for human consumption. Almost 800 hectares should be sown this season. In addition, Limagrain Ingrédients should build a new mill by 2022. During a press conference held on January 14 in Paris, Limagrain delivered some figures inherent to the past campaign. The group achieved 1.88 billion euros in turnover,not to mention 678 million euros made jointly with its partners. International accounts for 78%. This turnover is divided into six activities: 4% for Limagrain Coop, 34% for field seeds, 36% for vegetable seeds, 3% for garden products, 7% for Cereal ingredients, and 16% in bakery. Limagrain has become number one in vegetable seeds. The group's net profit amounts to 80 million euros, and almost 16% of turnover is devoted to research. Over 5,000 varieties are marketed, covering 60 plant species. Also, 255 new varieties were created and put on the market during the year. Finally, Limagrain has more than 10,000 employees, more than 20% of whom are employed in research.
Editor's note: This article was originally published in Spanish. This English summary has been prepared with Google Translate and edited for clarity.
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