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Integrated Annual Report

Resilience, commitment, boldness, trust. Four words that capture Avril’s momentum in 2024.

 

2024 was a year of mobilization and renewed confidence. Confidence in our model, in our sectors, and in our ability to create sustainable market opportunities for agriculture and accelerate the plant-based transformation in support of key transitions.
In the first year of its strategic plan, Ambition 2030, and backed by an unprecedented investment policy, the Group strengthened its commitments to decarbonization, the development of plant-based proteins, and support for agricultural and food sovereignty.

 

Discover our 2024 Integrated Annual Report — a true reflection of our vision, concrete commitments, and the collective drive of Avril’s teams to shape the future of agriculture and food.

2024 en chiffres
5e

French agri-food group

8,404

employees

18

countries

82

industrial sites worldwide

€7.7B

revenue

€370M

EBITDA

€25M

net income, Group share

€500M

investments

Avril is the industrial and financial player in the vegetable oil and protein sector

The Group was created and operates on an original model: a sector-based organization, from seeds to processed products, in which each activity creates value for all links in the chain, in France and abroad.

Over the past 40 years, Avril has relied on a unique model to structure the sectors and enhance the value of the production of the French Farm, creating value for all. Avril reinvests 100% of the value created in its own development and that of the industry, without paying dividends to its shareholders. This long-term vision, so specific to the agricultural world, enables the Group to manage the complex economic contexts that follow one another, while continuing to prepare for the future, through structuring investments and innovation.

ArnaudRousseau

Farmer, Vice-President of the FOP, Chairman of Avril Gestion

"I want to congratulate and thank all of Avril’s teams for their commitment and their determination to take action - both individually and collectively - Serving the Earth."

It’s a virtuous model, focused on the future and the sustainability of the sectors, their production and their markets. It’s not just about sustainability, it’s about added value, through the collective development of ever more sustainable farming practices that not only feed people and animals in the best possible way, but also contribute to the challenges of decarbonization.

Developing low-carbon and sustainable solutions

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Delivering high-value solutions to our clients

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Developing plant proteins in all our businesses

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Strengthening the diversified profile of our businesses and geographies

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Enhancing our competitiveness

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2024: ambition that Powers tomorrow’s growth

In 2024, Avril demonstrated the strength of its model and the relevance of its strategic choices in a complex global environment. Backed by a balanced and complementary portfolio—both in terms of business lines and geographies—the Group leveraged its strengths to maintain its growth momentum.

Despite an unstable economic context, operational performance remained strong, driven by volume growth, the recovery of certain activities, and contributions from recent acquisitions. The Group continued to pursue an ambitious investment policy, in France and internationally, to expand its industrial capacity, foster innovation, and support growth. Strategic acquisitions further supported this momentum, with a focus on creating value across supply chains and advancing food and energy sovereignty.

Jean-PhilippePuig

CEO of Avril SCA

"Looking ahead to 2030 and beyond! At Avril, we draw on our experience while envisioning the possibilities ten - even twenty - years into the future."

On the non-financial front, the Group exceeded its annual targets, confirming the tangible impact of its purpose - Serving the Earth - across all its actions.

In 2024, a new cycle begins to extend and strengthen this momentum, with a performance goal set at 4 points for 2024 and 10 points by 2030. Each year, SPRING evaluates 14 key indicators aligned with the Group’s purpose-driven commitments, all overseen by sponsors from the Executive Committee.
With a score of 4.7 out of 4 in 2024, the progress is significant. However, continued efforts are needed - particularly in light of ongoing climate challenges. The priority: measure, adapt, and move forward.

The Strategic Project: Ambition 2030

The Ambition 2030 plan sets the course for the years ahead, marking the beginning of a new growth cycle in 2024 and reinforcing the commitments of each Avril subsidiary in alignment with their respective markets. Building on the strategic refocusing initiated in 2021, the plan fully reflects the Group’s ambition to become the leading player in plant-based transformation in support of agricultural, food, and environmental transitions.

From a financial standpoint, Avril is targeting €550 million in EBITDA by 2030, an increase of €200 million compared to 2023. To achieve this, the Group has structured its development around five strategic pillars, which cut across all activities and areas of expertise.

To reach these objectives, Avril is mobilizing significant investment capacity—not only in its industrial operations but also in innovation and external growth. The Group’s solid financial foundation, proven resilience, and deep commitment to its core values position it strongly to deliver on this ambition.

 

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From purpose to reason for action
A strategy that creates value
Model and governance
History