Early indication first quarter 2009 results

The Executive Board of Royal Wessanen nv announces that, in constant currencies, its first quarter revenue is expected to be broadly in line with the revenue reported over the first quarter of 2008 (Q1-08: EUR 384.6 million). Wessanen’s operating profit (EBIT) for the first quarter of 2009 is expected to be significantly lower than the EUR 12.4 million operating profit reported over the first quarter of 2008. The lower profit is primarily the result of competitive market conditions in a number of our North American and European branded businesses. In addition, our first quarter result will include some incidental charges.

As announced during the publication of our 2008 annual results, we believe that, considering the uncertain economic environment, it is not appropriate at this stage to provide a specific financial outlook for 2009. Wessanen will publish its first quarter 2009 results on May 13, 2009.

Executive Board Royal Wessanen nv
090403_Eerste_indicatieve_resultaten_Q1.pdf (90 Kb)
090403_Early_indication_Q1_results.pdf (65 Kb)

Back to press releases