Information  X 
Enter a valid email address
  Print      Mail a friend       More announcements

Thursday 22 October, 2015

Wessanen

Wessanen Q3 results: Maintaining strong growth momentum

Wessanen Q3 results: Maintaining strong growth momentum

Maintaining strong growth momentum

Q3 highlights:   

  • Overall reported growth 19.1%
  • Autonomous revenue growth of 7.7% and strong autonomous own brands growth of 10.9%
  • EBITE increases by 93% to €9.4 million driven by growth, A&P phasing and inclusion of Abafoods

Christophe Barnouin (CEO) commented: "Q3 has confirmed the positive trend we have seen over the past quarters. The demand for healthy and sustainable food continues to be strong and our brands are  gaining market share. This is based on a stronger marketing execution and significant investments above and below the line.

We continue to see record share levels for Bjorg in France, we have achieved market leadership in peanut butter and savoury biscuits in the UK, Allos in Germany is growing at twice the rate of the organic market in Germany and Zonnatura in the Netherlands is about to enter the list of the 100 biggest food brands in the country.

The shift from "Big Food" to Healthy and Sustainable Food is a major trend of our time and more and more consumers are joining every day."


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 8251 (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
[email protected]

   


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wessanen via Globenewswire

HUG#1960428

a d v e r t i s e m e n t