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D.E MASTER BLENDERS 1753 N.V.

D.E MASTER BLENDERS 1753 N.V.

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Publicatie datum 24 apr 2013 - 18:00
Statutaire naam D.E MASTER BLENDERS 1753 N.V.
Titel DEMB Trading Statement Q3 FY13
Bericht Third Quarter and First Nine Months Fiscal Year 2013 full press release in pdf Key Messages Third Quarter Fiscal Year 2013 Total segment sales down (3.2)%, like-for-like[1]; reported segment sales down (5.5)% Retail - Rest of World continues to perform well Retail - Western Europe impacted by promotional price pressure L'OR capsules show continued strong growth OUTLOOK FIRST 12 MONTHS FISCAL YEAR 2013 CONFIRMED The Company expects to grow its segment sales by 0 to +2% and to improve the underlying EBIT margin by +100 to 150 bps in the first 12 months of FY 13. The outlook reflects continued price and volume pressure in Western Europe. The Company is therefore rebalancing pricing and volumes to re-establish its competitive position, which affects sales. The Company continues to invest strongly in A&P to support its brands and innovations.