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."

was niet over te nemen, Excuus see more on
http://hugin.info/143317/R/1960428/714637.pdf

In Q3 revenue increased 19.1% to €125.9 million. Autonomous revenue growth amounted to 7.7% of which volume contributed 7.3% and price/mix 0.4%. The appreciation of the British pound contributed 1.5% and the first time inclusion of Abafoods 9.9% (€10.5 million). The termination of three distribution contracts in previous periods impacted revenue by €2.6 million negatively.
EBITE increased by €4.5 million to €9.4 million, mainly driven by higher gross profit and lower marketing expenses. Depreciation and amortisation expenses increased by €0.6 million, mainly due to the acquisition of Abafoods (including €0.2 million related to purchase price allocation adjustments), resulting in an EBITDAE of €11.5 million.
Net financing cost amounted to €(0.1) million (Q3 2014: €(0.4) million).
Income tax expenses were €(3.1) million (Q3 2014: €(1.6) million). The effective income tax rate was 35% (Q3 2014: 36%).
Profit from continuing operations increased to €5.8 million (Q3 2014: €2.9 million). Earnings per share amounted to €0.08 versus €0.04 last year.

tijd 09.10
De Smallcap 737,98 +5,72 +0,78% Wessanen EUR 9,667 +59ct vol. 72.000

op 20 okt. j.l. in Waar is de groei?
Ook bij voedingsbedrijven zie je dat ondernemingen als Unilever op veel markten waar ze actief zijn maar moeizaam groei boeken. Terwijl ondernemingen die ‘voluit’ inzetten op gezonde voeding, zoals het Nederlandse Wessanen, jaarlijkse groeicijfers van 5% en meer kunnen overleggen.

Onze lezers hadden dus voordeel.