Meeting March 18, 2021 under the chairmanship of Antoine Fievet, the Bel Group’s Board of Directors approved the consolidated financial statements for the year ended December 31, 2020. The Board was informed that the statutory auditors had completed their audit of the consolidated financial statements and that their report was forthcoming.
Antoine Fievet, Chairman and Chief Executive Office of the Bel Group, commented: “The pandemic-related crisis we experienced in 2020 was unprecedented at many levels, first and foremost on a human level, but also economically. Our highest priority throughout the year was to protect our ecosystem and our employees in particular. Because we executed a fast and agile adaptation plan at the outset of the crisis, we were able to ensure the continuity of the food supply chain under controlled health conditions and preserve the strength of our financial structure. Once again, I want to thank our employees for their exemplary mobilization, which led us to today’s robust performance report. The crisis showed how important it is for companies to develop new sustainable growth models that create value for all in the medium term. This is something we have believed for many years. It’s a belief that guides our actions, and one that in 2020 led to charitable initiatives to help the most vulnerable and disadvantaged confront the crisis. Despite a still uncertain environment, we believe in the relevance of our responsible business model, and we remain confident in Bel’s ability to continue its transformation on behalf of a more sustainable and responsible future for food.”