Utrecht, 29 April 2010
Q1 2010 highlights
Revenue amounted to EUR 172.6 million, a 2.5% increase (autonomous increase of
2.9%)
Improvement operating result (EBIT) to EUR 6.4 million, driven by higher
results at ABC and Frozen Foods and by lower non-allocated costs
Net result of EUR (4.8) million
Net debt substantially reduced as result of sale of Tree of Life, Inc. and
share issue in March
Revenue Wessanen Europe grew slightly to EUR 125.5 million
Strategic initiatives, such as brand harmonisation and centralised sourcing,
progressing as planned
Piet Hein Merckens started at Wessanen to become CEO as of 1 June 2010
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