The food industry is currently absorbing cost increases generated by the health crisis, at the cost of a deterioration in its profitability, warning that the ” purchasing power »Of the French will inevitably be affected in the long run. ” Agrifood companies are holding up, but at what cost? Asked the National Association of Agri-Food Industries (Ania) in its second “barometer” of the sector since the start of containment a month ago.
” Even if inflation on the shelves is almost zero, food companies bear cost increases directly linked to the increase in prices of raw materials, maintenance costs of production tools or even the purchase of equipment employee protection “Warns Ania, which indirectly federates nearly 18,000 companies in the sector.
” These cost increases, reported by all manufacturers, are between 3% and 16%. They are currently eroding the profitability of agrifood companies “Said the association, which is basing its investigation on the responses of 700 companies consulted between April 6 and 10. These figures show ” the considerable national effort of food companies that allows the food chain to hold, hold but at what cost? Asked Ania president Richard Girardot, who was quoted in a statement as saying.
“All French people must be aware of this”
” All French people must be aware of this. A new era will begin at the end of the crisis, shaped by a lastingly modified consumer demand, in its choices, its purchasing channels, its purchasing power “, He warned.
More broadly, Ania notes that ” 70% to 80% of companies “From the food industry” note decreases in turnover and weakened profitability ” The situation is particularly ” disaster victim “For companies specializing in out-of-home catering:” The drop in activity reaches more than 75% in value and in volume, for almost half of the companies in the sector “
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