Nutreco hosts Capital Markets Day in Italy
(Thomson Reuters ONE) -
Nutreco is to host today a Capital Markets Day in Italy with a site visit to its
fish feed plant and its recently inaugurated premix plant in Mozzecane. Next to
the site visit Nutreco will give updates on the three divisions Agriculture,
Specialties and Aquaculture.
The world faces the challenge to feed nine billion people in 2050 sustainably.
To do so world food production must double while halving the footprint from the
current level. In response to this challenge Nutreco continues to focus on its
twofold strategy: innovation and operational excellence.
Nutreco increases its medium-term EBITA-margin guidance for Premix and feed
specialties to 7%. In Fish feed Nutreco will confirm its medium term outlook of
at least 5% organic growth per year. Furthermore it aims to increase the share
of fish feed for non-salmonids from 25% to 35% of total fish feed sales by 2015.
Confirmation outlook for 2010
In line with earlier expectations as indicated in the half-year report issued on
29 July 2010 Nutreco confirms its outlook for 2010. Barring unforseen
circumstances, Nutreco expects EBITA before exceptional items in the second half
of the year to be in line with the very strong second half of 2009 (EUR 133.6
million). For the full year 2010 this will result in an increase of
approximately 25% in EBITA before exceptional items compared with 2009 (EUR
175.2 million).
Additional information
The presentation material from Nutreco's Capital Markets day can be downloaded
from the investors section of the Nutreco website.
Nutreco will publish a trading update on the third quarter of 2010 on 28 October
2010.
* * * * *
Nutreco
Nutreco is a global leader in animal nutrition and fish feed. Our advanced feed
solutions are at the origin of food for millions of consumers worldwide.
Quality, innovation and sustainability are guiding principles, embedded in the
Nutreco culture from research and raw material procurement to products and
services for agriculture and aquaculture. Experience across 100 years brings
Nutreco a rich heritage of knowledge and experience for building its future.
Nutreco employs approximately 9,700 people in 30 countries, with sales in 80
countries. Nutreco is listed on the NYSE Euronext stock exchange in Amsterdam
and with annual revenues of EUR 4.5 billion in 2009.
www.nutreco.com
For more information:
Jurgen Pullens, Director Investor Relations and Corporate Communications,
Nutreco
Telephone: +31 (0)33 422 6134
Mobile: +31 (0)6 5159 9483
E-mail: jurgen.pullens(at)nutreco.com
Cautionary note regarding forward-looking statements
This announcement contains forward-looking statements. Forward-looking
statements are statements that are not based on historical fact, including
statements about our beliefs and expectations. Any statement in this
announcement that expresses or implies our intentions, beliefs, expectations or
predictions (and the assumptions underlying them) is a forward-looking
statement. Such statements are based on plans, estimates and projections as
currently available to the management of Nutreco. Forward-looking statements
therefore speak only as of the date they are made and we assume no obligation to
publicly update any of them in the light of new information or future events.
Forward-looking statements involve inherent risks and uncertainties. A number of
significant factors could therefore cause actual future results to differ
materially from those expressed or implied in any forward-looking statement.
Such factors include but are not limited to conditions on the markets in Europe,
the United States and elsewhere from which we derive a substantial portion of
our revenue, potential defaults on the part of borrowers or trading
counterparties, the implementation of our restructuring programme including the
envisaged reduction in headcount and the reliability of our risk management
policies, procedures and methods. For more information on these and other
factors, please refer to our annual report. The forward-looking statements
contained in this announcement are made as of the date hereof and the companies
assume no obligation to update any forward-looking statement contained in this
announcement.
[HUG#1449312]
Nutreco hosts Capital Markets Day in Italy:
http://hugin.info/133565/R/1449312/391254.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Nutreco via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 06.10.2010 - 07:00 Uhr
Sprache: Deutsch
News-ID 44298
Anzahl Zeichen: 0
contact information:
Town:
Amersfoort
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 171 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Nutreco hosts Capital Markets Day in Italy"
steht unter der journalistisch-redaktionellen Verantwortung von
Nutreco (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
