L.D.C. S.A. — Cyborg Score 7/10

Strong
Food Processing - Poultry & Meat Products

Strategic Profile

Net sales break down by poultry products (84.6%) including cut, elaborated and labelled poultry, and catering products (14.7%) including foreign food, pizzas and meat pies. At the end of February 2025, LDC had 118 production sites located in Europe, with France accounting for 77.8% of net sales. The company maintains strong financial positioning with strategic expansion initiatives.

Cyborg Score Rationale

The company maintains positive net cash of 283M€ and demonstrates solid market leadership. LDC pays annual dividends with the last dividend per share at 3.60 EUR and dividend yield of 2.57%. Recent acquisitions signal growth ambition, though cost inflation in commodities presents ongoing challenges.

Top Insights

  • LDC is pursuing acquisition of France Poultry through an agreement with Saudi Arabian Group Almunajem
  • The company entered into a partnership with the Buchanan family in the UK through share acquisition
  • Half-year revenue of €2.98B with expected next half-year revenue of €3.39B
  • Dominant market position in French poultry with diversified catering and processed foods portfolio

Named Competitors

  • Poultry Products — Major French poultry processor and competitor
  • Poultry Processing — French agricultural cooperative in meat processing
  • Poultry & Catering — French agri-food cooperative with poultry division

Recent Developments

  • (February 2026) Third quarter 2025-2026 financial results released
  • (February 2026) Acquisition agreement approved with Saudi Group Almunajem for France Poultry
  • (January 2026) Strategic partnership with UK Buchanan family through equity stake

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