Wessanen Q1 2016 trading update: Strong profitable sustainable growth

Wessanen Q1 2016 trading update: Strong profitable sustainable growth

ID: 466302

(Thomson Reuters ONE) -


Trading update Q1 2016: Strong profitable sustainable growth

Q1 2016 highlights

o Autonomous revenue growth of 9.3%

o EBITE increases to 14.1million (9.9% of revenue)


CEO Statement

Christophe Barnouin(CEO) commented: We had a good start in 2016 and our growth
momentum on core brands and categories has continued. A&P investments have been
slightly ahead of Q1 last year and still we delivered a further increase in
EBITE. Performance of Isola Bio and recently integrated Piramide are in line
with plans. We have further gained share on key brands in a growing market.

We are positive that 2016 will be yet another year where more consumers will
shift to healthier and more sustainable food and we are in a good position to
drive and benefit from this trend.


Analyst & investor meeting

At 10h00 CET, a conference call for analysts, investors, and media will be
hosted by Ronald Merckx (CFO). The dial-in number is +31 20 716 8250 (toll free
0800 022 2330) - please quote "Wessanen". There will also be a live audio
webcast via www.wessanen.com.

The press release and presentation are available for download at
www.wessanen.com.



Media, investor & analyst enquiries

Ronald Merckx (CFO)
Phone   +31.20.3122.124
Ronald.Merckx(at)wessanen.com



For PDF click here:
http://hugin.info/143317/R/2006566/741410.pdf



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GlobeNewswire 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: Wessanen via GlobeNewswire




[HUG#2006566]




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Bereitgestellt von Benutzer: hugin
Datum: 26.04.2016 - 07:01 Uhr
Sprache: Deutsch
News-ID 466302
Anzahl Zeichen: 2118

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