UNIBEL: insider trades · France · AMF

About UNIBEL

Unibel is a French listed holding company, identified by ISIN FR0000054215, that animates and controls the Bel Group, one of the global leaders in branded dairy-based snacks and cheese products. The company was originally created in August 1921 under the name “La Carbonique française” and gradually evolved from an industrial and family-controlled vehicle into a pure holding structure centered on the cheese business. It adopted the name Unibel in 1999. Today, its core role is to define and support the group’s long-term strategy, oversee governance, coordinate major decisions, and serve as the family ownership platform behind Bel. According to its reference documentation, Unibel is a lean organization with only a small workforce, whose own operations are mainly those of an active holding company supporting Bel and its subsidiaries. Through Bel, the group manages a portfolio of internationally recognized brands including Babybel®, Kiri®, Boursin®, and La Vache qui rit®, alongside newer activities in fruit snacking. The strategy is built around a combination of core cheese brands and diversification into new consumption occasions, especially healthy, convenient, on-the-go snacking. This has allowed the group to broaden its footprint across several categories: cheese portions, spreadable cheese, cheese snacks, and fruit-based snacks such as compotes. In 2024, management highlighted the strong performance of its cheese brands, the continued growth of fruit snacking, and the excellent momentum of e-commerce and out-of-home channels. Operationally, Bel has a broad international presence. The group is active in key markets such as France, Western Europe, North America, China, and other growth regions. Its industrial and commercial footprint relies on a worldwide network of factories, subsidiaries, and logistics platforms that enable local adaptation of products and formats. In its February 2025 annual financial release, the group reported 2024 sales of EUR 3.74 billion, a recurring operating margin of 6.6%, and net income, group share, of EUR 67 million, reflecting solid resilience in a still mixed macroeconomic environment. Recent strategic milestones include major industrial investments, a faster pace of digital transformation, a long-term partnership with Dassault Systèmes, and the adoption of mission-company status. These developments reinforce Unibel’s profile as a leading French agri-food holding, combining a long heritage, iconic brands, and a strategy focused on innovation, international expansion, and sustainable value creation.