
PRESS RELEASE / Monday, December 19th 2011
From July 1st 2010 to June 30th 2011, Limagrain achieved a significant increase in sales and net income on line with its expectations. The year passed in a favorable environment, with a rise in cultivated acreage, in spite of the persistent volatility in the prices of agricultural raw materials. All the Divisions showed positive financial results.
At the Co-operative's Annual General Meeting of Thursday, December 15th, the members of the Board voted in their new Chairman. Pierre Pagesse, Chairman of Limagrain since 1992 handed over the baton to Jean-Yves Foucault, until then 1st Vice-Chairman of the Co-operative since 2009.