xs
sm
md
lg

Wessanen 2009: a year of refocusing

Utrecht, February 25, 2010


Wessanen 2009: a year of refocusing Q4 2009 highlights Tree of Life, Inc. divestment completed in January 2010, transaction price USD 190 million Divestment of three smaller non-core companies, in line with chosen strategic direction Revenue from continuing operations down 4.9% to EUR 169 million (autonomous decline of 2.9%) Wessanen Europe autonomous revenue decline of 0.7% (growth in France, other markets weak) Operating result (EBIT) of EUR 43.7 million negative, mainly due to impairment charges and non-recurring items; underlying operating result of EUR (0.5) million Net result EUR (112) million, largely as a result of (in)tangible asset and deferred tax asset impairments and book loss on divestment Full year 2009 highlights 2009 a year of considerable change and transformation for Wessanen to re-establish focus Large and important steps taken (strategy, divestments, organisation, management) to focus on Organic markets in Europe Search for new CEO successfully completed: Piet Hein Merckens to start at Wessanen per 1 April 2010 and to become CEO per 1 June 2010 Revenue from continuing operations EUR 703 million, down 2.9% autonomously

For more information, please download the complete press release in pdf.
100225_Wessanen_Results_Q4-2009_NL.pdf (269 Kb)
100225_Wessanen_Results_Q4-2009_ENG.pdf (267 Kb)

Back to press releases
Carl Hoyer Royal Wessanen
Carl Hoyer
VP Corporate Communications
email: carl.hoyer@wessanen.com
phone: +31 (0)20 3122140 / +31 6123 556 58

Contact

Carl Hoyer Royal Wessanen
Carl Hoyer
VP Corporate Communications
email: carl.hoyer@wessanen.com
phone: +31 (0)20 3122140 / +31 6123 556 58

Contact

Carl Hoyer Royal Wessanen
Carl Hoyer
VP Corporate Communications
email: carl.hoyer@wessanen.com
phone: +31 (0)20 3122140 / +31 6123 556 58