Royal Wessanen nv: Wessanen reports improved underlying operating profit and EPS

Q2 2010 highlights

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Revenue steady at EUR 193.7 million, in line with last year’s second quarter

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Operating result (EBIT) improved to EUR 9.4 million (Q2 2009: EUR (4.8) million)

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Net result of EUR 6.6 million; Earnings per share (EPS) of EUR 0.08

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Wessanen Europe revenue EUR 131.0 million (0.6% autonomous growth)

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Piet Hein Merckens took over as CEO on 1 June

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Strategic initiatives (e.g. brand harmonisation and centralised sourcing) are on
schedule

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For second half 2010, Wessanen expects its operating result to be around break-even

HUG#1434676

Download hier het Nederlandse persbericht (PDF, 200kB)

http://hugin.info/143317/R/1434676/380234.pdf

Download the full press release including the semi-annual financial report (English
version, 197kB) http://hugin.info/143317/R/1434676/380233.pdf