2020 Integrated Annual Report

Avril in 2020: resilience, confidence, serenity

 
 
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The crisis has highlighted the strenght of our business model in which meaning drives performance. When we needed to find the boldness required to get through this unprecedented period, the fundamentals were there and everyone knew what they had to do.

Arnaud Rousseau, Chairman of Avril Gestion

 

Since the very beginning, Avril’s model has been based on the collective and links: between its 7,600 employees, farmers, the Group’s founding shareholders and the Executive Committee, industrialists and investors, between the various activities which make up a sector that is open to the world, between the Group and its ecosystem. This component, which is inherent to Avril, is the common thread of this 2020 Integrated Annual Report, presented this year in two booklets.

 
 
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Our performance is better than last year's in terms of Ebitda and net result, and is in line with our Avril 2023 strategic plan which is progressing as planned, even a little ahead of schedule. 

Jean-Philippe Puig, CEO of the Avril Group

 

Value-creating encounters

Beyond the financial and extra-financial performances of 2020, discover here the model, the purpose, the Group' strategy, as well as its approach to redistributing value in the sector.

 

INTERVIEW

Discussion between Avril’s two leaders on the 2020 highlights, the outlook for 2021 and the future of the Group.

FROM THE MISSION TO THE PURPOSE

The expression of the purpose is the fruit of three years of iterative and collaborative labour which in 2020 gave birth to a simple sentence: “Serving the Earth”. This purpose is based on the four dimensions that define the uniqueness of the Avril model.

A UNIQUE INTEGRATED SECTOR MODEL

The sector model is at the heart of Avril’s founding project. As the interface between the agricultural world and customers and consumers, the Group integrates the entire value chain of the oils and proteins sector, from research to production and from processing to the marketing of products and services.

A STRONG INTERNATIONAL DYNAMIC

The international market has been a priority of Avril since 2015 and is a major growth lever in the context of the Avril 2023 Plan. The Group is pursuing its strategy of establishing sectors beyond its borders and conquering new markets for businesses such as oleochemicals and nutritional specialities for animals.

A STRATEGY TO CREATE SUSTAINABLE VALUE

In a time of unprecedented global crisis in public health and the economy, the second year of implementing the Avril 2023 plan has confirmed its relevance and our results are in line with our objectives.

 

SPRING, OUR APPROACH TO SOCIAL RESPONSABILITY

Every year, we measure the progress of SPRING, our CSR approach which is integrated with the Avril 2023 strategic plan. In its second year of implementation, SPRING achieved a score of 2.1, a result in line with our target of increasing by one point per year to reach 5 out of 5 by 2023. This index summarises the 25 indicators that show Avril’s progress with its priority sustainable development challenges.

OLEO100, THE B100 THAT DECARBONIZES TRANSPORT

Oleo100, a 100% renewable energy manufactured by Saipol, the French leader in oilseed processing and a subsidiary of the Group, provides an immediate and pragmatic response to the energy transition challenge for road transport and local authorities.

DEVELOPING THE FULL POTENTIAL OF PLANT CHEMISTRY

Oleon, an Avril subsidiary dedicated to oleochemistry, provides green, responsible and sustainable chemistry using renewable raw materials that have little impact on the environment and meet the increasingly stringent requirements of markets in terms of naturalness and performance, as well as the carbon neutrality goals of its customers. 

A LOCAL REVIVAL

To help local economies structure their oilseed sectors and gain autonomy, Avril exports the agricultural and industrial know-how acquired in France. The GECO Algeria joint venture was initiated in February 2017 with the aim of building a condiment factory to produce locally. Today, the product is “made in Algeria” which is a great source of pride for Algerian consumers and the government.

MEET THE GROWING ORGANIC MARKET DEMAND

Avril’s ambition is to make its organic model a reality and to develop sustainable sectors that provide outlets and visibility for farmers while helping strengthen French food sovereignty. This is the aim of creating Oleosyn Bio, a complete organic sector based on French oilseeds.

 

 

A HISTORICAL COMMITMENT IN THE SEED SECTOR

Through Sofiprotéol, its investment and development subsidiary, the Group has supported French seed companies from the outset to promote research into new, more resistant varieties that will make crops more sustainable.

PROMOTING SOIL CONSERVATION AGRICULTURE

Changing farming practices also means encouraging carbon storage in the soil. This is the ambition of OleoZE, an online trading solution for sustainable seeds to produce biofuels with very low greenhouse gas emissions.