SAVENCIA in the news

Savencia plans to end its commercial relationship with the 'OP des Trois Rivières' milk producers' organization, impacting 330 farms and 242 million liters of milk in Western France.

Savencia is ending its contracts with 330 dairy farms in Haut-Anjou by April 2028 due to disagreements over milk pricing, leaving the farms to find new buyers amidst financial difficulties.

Savencia has terminated its contract with the Trois Rivières dairy farmer organization, affecting 330 farmers and 242 million liters of milk annually, with an 18-month notice period.

Savencia has ended milk collection contracts with 330 dairy farmers in Pays de la Loire, impacting 242 million liters annually and prompting farmers to find new buyers by April 2028.

Savencia terminates contracts with 330 dairy farms in western France, leaving farmers 18 months to find new milk collection solutions after failed price negotiations.

Savencia is ending its commercial relationship with over 300 dairy farms in Western France, causing concern among the affected producers.

Savencia, a dairy processing company, ended its contract with a producers' organization, impacting hundreds of farmers due to a dispute over milk prices.

Savencia is ending its commercial relationship with the producer organization Les 3 Rivières, citing the OP's defense of producer income as a factor.

Savencia is ending contracts with 330 dairy farms, affecting 242 million liters of milk supply.

Savencia has terminated its milk pricing agreement with L’OP Les 3 Rivières due to proposed price increases that would make milk uncompetitive, with the contract ending on April 15, 2028.

Savencia is closing its Ilolay plant in Argentina by March 2027, impacting 54 jobs and 130,000 liters of milk processing daily, while offering employee transfers or severance and attempting to sell the facility.

Savencia will close its Ilolay factory in El Trébol by March 31, 2027, impacting 54 employees and 130,000 liters of daily milk processing.

OPLGO, a dairy producers' organization, has secured a five-year framework agreement with Savencia for 10 million liters of milk, providing a second buyer alongside Lactalis for its 850 member farms.

OPLGO, a dairy farmers' organization, has secured a new five-year milk purchasing agreement with Savencia, providing a second buyer alongside Lactalis and offering greater flexibility and support for its members.

SAVENCIA published its Half-Yearly Financial Report for 2026, detailing its financial performance and key figures for the first half of the year.

Savencia formalized a five-year contract with OPLGO for 10 million liters of milk, diversifying OPLGO's clients and including sustainability initiatives.

Savencia reported a nearly stable net profit and a decrease in operating profit margin in the first half of 2026, despite a sales increase driven by structural effects.

SAVENCIA released its half-yearly financial report for 2026.

SAVENCIA has released its Half-Yearly Financial Report for 2026.

SAVENCIA's first-half 2026 revenue increased by 2.6% to  3,486 million driven by acquisitions, despite a decline in operating profit and stable net income, while net debt grew significantly due to strategic purchases.