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

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100225_Wessanen_Results_Q4-2009_NL.pdf (269 Kb)
100225_Wessanen_Results_Q4-2009_ENG.pdf (267 Kb)

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