Wessanen H1 and Q2 2015 Results - building strong growth momentum
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0 KommentareH1 and Q2 2015 highlights - building strong growth momentum
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Overall reported growth for H1 20.7% (Q2:21.1% )
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Autonomous revenue growth of 8.4% for H1 (Q2: 7.9%)
CEO statement
Christophe Barnouin (CEO) commented: "We have made good progress on our strategy to become the leader in healthy & sustainable food in Europe in the first half of the year.
We achieved 14.4% autonomous growth on our own brands in H1 (Q2: 13.3%), significantly outgrowing a strong market and gaining share in the process (e.g. Bjorg in France has recorded its highest ever share). We have significantly increased our marketing investments in H1 and Q2 in order to drive our core brands ahead of market.
The integration of our recent new family member Abafoods is progressing well and the business is continuing to perform strongly. The Isola Bio brand has grown more than 40% year-to-date. The businesses we integrated in the last few years - Clipper and Alter Eco - are also doing well.
Our strategy is working and our focus is on further improving execution. More and more people in Europe are becoming conscious that what they eat has a major impact on their health and on our planet: A food revolution in Europe is starting and we want to play a leading role in it."
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For more information
Ronald Merckx (CFO)
Phone +31 (0)20 3122 126
Email ronald.merckx@wessanen.com
Twitter @Wessanen_250
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
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