A strategy that creates value
Since its creation at the initiative of the agricultural world, Avril has been working for the development of the vegetable oil and protein sector. The Group’s strategy serves this mission: by reinvesting its results in the sector, Avril creates value for all players from upstream to downstream.
Avril’s strategy is twofold: economic and financial performance, and a sustainable development approach. Avril’s progress in achieving its CSR ambitions is measured each year using the SPRING indicator, structured around 5 pillars and 25 key objectives.
2030 AMBITION: STARTING A NEW CHAPTER
In line with the priorities of the Avril 2023 strategic plan, the Group has chosen to accelerate its development and strengthen its positions on markets linked to its historic areas of know-how.
Its ambition, announced in 2021: to become the leader in plant processing solutions for the food, agricultural and environmental transitions, in resonance with its purpose, Serving the Earth.
This new strategic plan will sustain the growth over the next seven years, with a projected EBITDA of €550 million for 2030. This represents an increase of €200 million.
AMBITION 2030 carries on the momentum of the strategic movement initiated in 2021, which refocused the activities around plant processing. This plan is structured around five transverse strategic pillars, spanning the four priority business sectors (Avril Oilseed Processing & Renewable Energies, Avril Consumer Goods, Avril Solutions for Agriculture, and Avril Specialties), as well as all the business units.
THE FIVE STRATEGIC PILLARS OF THE AMBITION 2030 PLAN
# 1 Developing low-carbon, sustainable solutions
#2 Provide our clients with high value-added offers
#3 Develop plant proteins in all our businesses
#4 Strengthen the diversified profile of our businesses and geographies
#5 Enhance our competitiveness
Moreover, with AMBITION 2030 Avril is also gearing up for the coming decade. As the Group has done with biodiesel and oleochemistry, and most recently with plant proteins, now is the time to start outlining the future orientations. To this end, Avril will be investigating five new strategic options, potential new levers of growth for the future.
AMBITION 2030's FIVE STRATEGIC OPTIONS
#1 End-to-end environmental solutions for the agricultural value chain
#2 Intermediate crops
#3 Food ingredients
#4 Biosourced products
#5 Generative artificial intelligence
SPRING, the tool to assess progress on the 6 commitments of the purpose Serving the Earth
Spring is made up of 14 indicators identified as the priority issues in the CSR approach, to meet the 2030 ambition and societal expectations. These indicators have clear, measurable objectives, which are verified each year as part of the extra-financial audits. This enables the Group to measure the annual progress, with the aim of reaching the Spring score of 10 by 2030.
