Upcoming Dividend • Jul 06
Upcoming dividend of €0.21 per share Eligible shareholders must have bought the stock before 13 July 2026. Payment date: 17 July 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Belgian dividend payers (6.7%). Lower than average of industry peers (1.2%). Declared Dividend • Jun 07
Dividend of €0.21 announced Shareholders will receive a dividend of €0.21. Ex-date: 13th July 2026 Payment date: 17th July 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 37%. Cash payout ratio: 36%. Announcement • Jun 05
Floridienne S.A. announces Annual dividend, payable on July 17, 2026 Floridienne S.A. announced Annual dividend of EUR 0.2100 per share payable on July 17, 2026, ex-date on July 13, 2026 and record date on July 14, 2026. New Risk • May 20
New major risk - Revenue and earnings growth Earnings have declined by 4.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Earnings have declined by 4.7% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.1% net profit margin). New Risk • May 08
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • May 05
Full year 2025 earnings released: EPS: €8.11 (vs €1.61 in FY 2024) Full year 2025 results: EPS: €8.11. Revenue: €741.7m (up 6.1% from FY 2024). Net income: €7.94m (down 50% from FY 2024). Profit margin: 1.1% (down from 2.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Food industry in Belgium. New Risk • Apr 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Announcement • Apr 01
Floridienne S.A. to Report Q3, 2026 Results on Nov 30, 2026 Floridienne S.A. announced that they will report Q3, 2026 results on Nov 30, 2026 New Risk • Mar 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Belgian stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. New Risk • Feb 10
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Announcement • Dec 07
Floridienne S.A. to Report First Half, 2026 Results on Sep 30, 2026 Floridienne S.A. announced that they will report first half, 2026 results on Sep 30, 2026 Major Estimate Revision • Oct 22
Consensus EPS estimates fall by 41% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €799.7m to €724.2m. EPS estimate also fell from €29.70 per share to €17.66 per share. Net income forecast to grow 160% next year vs 105% growth forecast for Food industry in Belgium. Consensus price target down from €835 to €710. Share price rose 13% to €645 over the past week. Price Target Changed • Oct 21
Price target decreased by 18% to €710 Down from €870, the current price target is provided by 1 analyst. New target price is 10% above last closing price of €645. Stock is up 5.7% over the past year. The company is forecast to post earnings per share of €17.66 for next year compared to €16.07 last year. New Risk • Oct 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Belgian stocks, typically moving 4.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. New Risk • Jul 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Belgian stocks, typically moving 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Upcoming Dividend • Jul 07
Upcoming dividend of €2.10 per share Eligible shareholders must have bought the stock before 14 July 2025. Payment date: 18 July 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Belgian dividend payers (6.6%). Lower than average of industry peers (1.1%). Major Estimate Revision • Jun 04
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €33.54 to €29.70. Revenue forecast unchanged from €799.7m at last update. Net income forecast to grow 85% next year vs 54% growth forecast for Food industry in Belgium. Consensus price target of €835 unchanged from last update. Share price rose 7.1% to €680 over the past week. Reported Earnings • May 02
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: €16.07 (up from €3.62 in FY 2023). Revenue: €716.2m (up 30% from FY 2023). Net income: €15.7m (up 344% from FY 2023). Profit margin: 2.2% (up from 0.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Food industry in Belgium. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.4% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). New Risk • Apr 01
New major risk - Revenue and earnings growth Earnings have declined by 8.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.4% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). New Risk • Dec 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Belgian stocks, typically moving 4.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (4.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Major Estimate Revision • Dec 03
Consensus EPS estimates increase by 81% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €628.2m to €668.8m. EPS estimate increased from €15.56 to €28.12 per share. Net income forecast to grow 1,974% next year vs 18% growth forecast for Food industry in Belgium. Consensus price target of €835 unchanged from last update. Share price rose 12% to €625 over the past week. Reported Earnings • Oct 01
First half 2024 earnings released: EPS: €5.41 (vs €3.41 in 1H 2023) First half 2024 results: EPS: €5.41 (up from €3.41 in 1H 2023). Revenue: €317.5m (up 17% from 1H 2023). Net income: €5.30m (up 59% from 1H 2023). Profit margin: 1.7% (up from 1.2% in 1H 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Food industry in Belgium. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jul 10
Upcoming dividend of €1.75 per share Eligible shareholders must have bought the stock before 17 July 2024. Payment date: 19 July 2024. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Belgian dividend payers (7.4%). Lower than average of industry peers (1.0%). Major Estimate Revision • Jun 06
Consensus EPS estimates fall by 23% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €20.31 to €15.56 per share. Revenue forecast steady at €628.2m. Net income forecast to grow 331% next year vs 37% growth forecast for Food industry in Belgium. Consensus price target of €835 unchanged from last update. Share price fell 3.6% to €670 over the past week. New Risk • May 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 46% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Reported Earnings • May 01
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: €3.62 (down from €12.29 in FY 2022). Revenue: €558.8m (up 7.2% from FY 2022). Net income: €3.55m (down 71% from FY 2022). Profit margin: 0.6% (down from 2.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 85%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Food industry in Belgium. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. New Risk • Apr 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (1.4% net profit margin). Major Estimate Revision • Apr 03
Consensus EPS estimates fall by 37% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €693.6m to €628.1m. EPS estimate also fell from €31.99 per share to €20.31 per share. Net income forecast to grow 179% next year vs 63% growth forecast for Food industry in Belgium. Consensus price target down from €870 to €835. Share price rose 2.9% to €720 over the past week. Price Target Changed • Apr 02
Price target decreased by 7.2% to €835 Down from €900, the current price target is provided by 1 analyst. New target price is 19% above last closing price of €700. Stock is down 14% over the past year. The company is forecast to post earnings per share of €23.78 for next year compared to €12.29 last year. Buy Or Sell Opportunity • Jan 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.2% to €655. The fair value is estimated to be €839, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 382% in the next 2 years. New Risk • Jan 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.4% net profit margin). Buying Opportunity • Nov 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.3%. The fair value is estimated to be €839, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 34% in 2 years. Earnings is forecast to grow by 382% in the next 2 years. New Risk • Nov 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Belgian stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin). Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €590, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Food industry in Europe. Total returns to shareholders of 163% over the past three years. Buying Opportunity • Nov 09
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 9.3%. The fair value is estimated to be €839, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 34% in 2 years. Earnings is forecast to grow by 382% in the next 2 years. Reported Earnings • Oct 05
First half 2023 earnings released: EPS: €3.41 (vs €7.76 in 1H 2022) First half 2023 results: EPS: €3.41 (down from €7.76 in 1H 2022). Revenue: €270.9m (up 11% from 1H 2022). Net income: €3.34m (down 56% from 1H 2022). Profit margin: 1.2% (down from 3.1% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Food industry in Belgium. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jul 10
Upcoming dividend of €1.75 per share at 0.3% yield Eligible shareholders must have bought the stock before 17 July 2023. Payment date: 19 July 2023. Payout ratio is a comfortable 20% but the company is paying out more than the cash it is generating. Trailing yield: 0.3%. Lower than top quartile of Belgian dividend payers (6.9%). Lower than average of industry peers (1.1%). Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €820, the stock trades at a trailing P/E ratio of 68.2x. Average trailing P/E is 23x in the Food industry in Belgium. Total returns to shareholders of 281% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Executive & Independent Director Catherine Pycke was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 03
First half 2022 earnings released: EPS: €7.76 (vs €9.19 in 1H 2021) First half 2022 results: EPS: €7.76 (down from €9.19 in 1H 2021). Revenue: €246.6m (up 49% from 1H 2021). Net income: €7.60m (down 16% from 1H 2021). Profit margin: 3.1% (down from 5.4% in 1H 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jul 08
Upcoming dividend of €1.75 per share Eligible shareholders must have bought the stock before 15 July 2022. Payment date: 19 July 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Belgian dividend payers (5.9%). Lower than average of industry peers (2.5%). Price Target Changed • Apr 27
Price target increased to €765 Up from €640, the current price target is provided by 1 analyst. New target price is 5.6% below last closing price of €810. Stock is up 69% over the past year. The company posted earnings per share of €4.36 last year. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). President of the Board Marc-Yves Blanpain was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Price Target Changed • Feb 15
Price target increased to €765 Up from €620, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €795. Stock is up 105% over the past year. The company posted earnings per share of €4.36 last year. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 23% share price decline to €670, the stock trades at a trailing P/E ratio of 58.7x. Average forward P/E is 16x in the Food industry in Belgium. Total returns to shareholders of 291% over the past three years. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 15% share price gain to €765, the stock trades at a trailing P/E ratio of 67.1x. Average forward P/E is 16x in the Food industry in Belgium. Total returns to shareholders of 334% over the past three years. Upcoming Dividend • Jul 08
Upcoming dividend of €1.61 per share Eligible shareholders must have bought the stock before 15 July 2021. Payment date: 19 July 2021. Trailing yield: 0.4%. Lower than top quartile of Belgian dividend payers (4.6%). Lower than average of industry peers (2.2%). Valuation Update With 7 Day Price Move • May 22
Investor sentiment improved over the past week After last week's 22% share price gain to €620, the stock trades at a trailing P/E ratio of 79.7x. Average forward P/E is 17x in the Food industry in Belgium. Total returns to shareholders of 203% over the past three years. Is New 90 Day High Low • Feb 25
New 90-day high: €432 The company is up 71% from its price of €252 on 27 November 2020. The Belgian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 18% over the same period. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 24% share price gain to €420, the stock is trading at a trailing P/E ratio of 54x, up from the previous P/E ratio of 43.7x. This compares to an average P/E of 18x in the Food industry in Europe. Total returns to shareholders over the past three years are 136%. Is New 90 Day High Low • Dec 28
New 90-day high: €326 The company is up 41% from its price of €232 on 28 September 2020. The Belgian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 9.0% over the same period. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improved over the past week After last week's 18% share price gain to €324, the stock is trading at a trailing P/E ratio of 41.7x, up from the previous P/E ratio of 35.4x. This compares to an average P/E of 18x in the Food industry in Europe. Total returns to shareholders over the past three years are 76%. Is New 90 Day High Low • Dec 07
New 90-day high: €298 The company is up 34% from its price of €223 on 07 September 2020. The Belgian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 10.0% over the same period. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 19% share price gain to €298, the stock is trading at a trailing P/E ratio of 38.3x, up from the previous P/E ratio of 32.2x. This compares to an average P/E of 18x in the Food industry in Europe. Total returns to shareholders over the past three years are 62%. Valuation Update With 7 Day Price Move • Dec 01
Market bids up stock over the past week After last week's 17% share price gain to €269, the stock is trading at a trailing P/E ratio of 34.6x, up from the previous P/E ratio of 29.5x. This compares to an average P/E of 18x in the Food industry in Europe. Total returns to shareholders over the past three years are 46%. Is New 90 Day High Low • Nov 20
New 90-day high: €233 The company is up 8.0% from its price of €216 on 20 August 2020. The Belgian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is up 9.0% over the same period. Reported Earnings • Oct 06
First half earnings released Over the last 12 months the company has reported total profits of €7.62m, down 19% from the prior year. Total revenue was €399.9m over the last 12 months, largely unchanged from the prior year.