Alain Oberhuber's questions to BARN.SW leadership • H1 2017
Question
Alain Oberhuber of MainFirst inquired about the composition of working capital, specifically the split between physical inventory and futures, the potential for further reductions in receivables and payables, and the gross margin contribution from the Gourmet versus the Food Manufacturing segments.
Answer
CFO Victor Balli explained that while he couldn't provide an immediate inventory split, the company continues to make small gains on receivables and payables and is now focusing on older receivables like VAT. He clarified that Gourmet margins are being maintained to support its high growth, whereas the Food Manufacturing segment sees continuous margin expansion driven by a better client and product mix, including more specialty products.