Robust economic performance, serving a unique model
In 2022, the Group achieved record performance. This reflects the implementation of an effective strategy, the Group's ability to meet its commitments in a highly disrupted geopolitical and economic environment and the confirmation of the resilience of a business model that is resistant to crises.
Text transcript
-
€9B
in revenue for 2022
-
€218M
net income in 2022, up 45% compared to 2021 at €150M
-
€2.13B
in equity capital
In 2021, Avril announced its new ambition: to become the leader in plant processing solutions, serving the transitions in food, agriculture, and the environment, and its corporate purpose, Serving the Earth.
To meet this objective, Avril is focusing on four markets with high growth potential:
- Specialty ingredients
- Consumer food products
- Renewable energies
- Services and solutions aimed at farmers, growers, and livestock farmers
-
€303M
investments in 2022
-
€234M
in its industrial business units and €69M in the form of equity investments or financing of companies in the agricultural sector via Sofiprotéol.
-
40%
Of the generated value added is reinvested
With more than 111 patents and patent applications pending, Avril holds a wealth of intellectual capital and numerous brands under development.
For more details, see Avril’s Integrated Annual Report.
An international presence
Avril is present in 18 countries, with 73 industrial sites, and numerous business units throughout the world. International business is a major growth driver for the Group, representing 51% of its revenue.
-
€4.41B
revenue in France
-
€4.59B
revenue from international operations
The 120,000 French oilseed producers and 26,000 livestock farmer partners exemplify the Group’s strong local roots in France and abroad, representing 45,000 direct and indirect jobs.
A close-knit group with a commitment to social responsibility
The Group numbers nearly 7,367 employees, including 4,380 in France.
This collaborative group, 30.6% of whom are women, acts on a daily basis: “Serving the Earth”. This purpose, fulfilled by the men and women of the Group, is founded on six strong commitments contributing to the transitions in food, agriculture, and the environment.
Learn more about our purpose and the six commitments behind it.
To achieve these objectives, the Group can count on the strength of a collective body that renewed its confidence in 2020 by showing a commitment rate of 82%. An eight-point increase from the previous baseline measure in 2017.
Avril adopted a code of ethics and conduct that all the Group’s employees are committed to respecting in their daily activities and in their relations with others. Honesty, sincerity, and consistency in interpersonal relationships contribute to a positive work environment at all levels of the company. The same applies to relations with both clients and suppliers.
With this same reasoning in mind, Avril chooses to work solely with suppliers committed to the same standards and principles in terms of sustainable development and social ethics.
Learn more about the Supplier Code of Conduct.
Avril is also committed to animal welfare, by being both attentive to consumers’ expectations and working alongside livestock farmers to meet their expectations. Its scope of responsibility covers its own operations and approximately 1,082 livestock farms that do business with the Group.
Learn more about Avril’s animal welfare policy.
Transparent monitoring of CSR performance
2023 will mark the end of the first cycle of our SPRING tool, which assesses our progress in CSR. It was launched in 2019 to define precise trajectories and measure our progress over five years. 2022 closes with a score of 4.1, confirming the overall progress overall progress in line with our objectives
Some key figures :
-
94.3%
Recovery rate for industrial waste
(Saipol + Lesieur) -
271
KWh Per ton produced
(Group's main production sites)
-
1.25
Cubic meters of water per ton of production
(Group's main production sites)
Performance monitoring is carried out on both the environmental and social levels. Thanks to these efforts, the number of internal transfers has risen from 140 in 2021 to 179 in 2022. We have a target of 200 for 2023.
Each employee received an average of 2.7* days of training. In 2021, the turnover rate is 4.2% (France and international).
The Avril Group has a proactive health and safety policy based on the We Care programme. The ambition is to aim for zero injuries, with a target of halving the number of people injured by 2023 compared to 2018.
An effective decarbonization strategy
In 2020, the Group’s decarbonization strategy took shape with the first comprehensive assessment of greenhouse gas emissions associated with its activities.
Based on this assessment, Avril’s energy management agreed on a new roadmap in 2021 to accelerate the Group’s energy transition. The objective is to reduce all direct and indirect greenhouse gas emissions 30% by 2030 (vs. reference year 2019).
This ambitious strategy was approved in July 2023 by the Science Based Targets initiative, an international organization that enables companies to set clear emissions reduction goals.
Saipol, the French leader in oilseed processing and a business unit of the Group, provides an immediate and pragmatic response to the energy transition challenge facing road transport and local authorities. In 2021, almost 117,000 m3 of Oleo100 were released for consumption, resulting in a reduction in greenhouse gas emissions of around 220,000 tonnes of CO2 equivalent.
CDP Climate Change 2020: an assessment of the Group's carbon footprint
The Carbon Disclosure Project (CDP) is an organization dedicated to aggregating and evaluating the environmental reporting of companies. This entity is the reference today regarding the matter of climate change. It assigns a “Level Engagement Score” to respondents on a scale of A to D, with A being the highest.
We moved up two steps in our CDP assessment and achieved a B score. More than 13,000 companies worldwide have responded to CDP questionnaires to measure the risks and opportunities (including financial) related to climate change. On the EcoVadis platform, in less than two years, the Group’s overall assessment has gone from Bronze to Silver and some of our entities are already Platinum or Gold.
For further information, please consult Avril’s Extra-Financial Performance Statement.