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Nutreco N.V.

Nutreco N.V.

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Publicatie datum 20 okt 2014 - 07:12
Statutaire naam Nutreco N.V.
Titel Nutreco trading update Q3 2014
Bericht * Revenue Q3 2014 € 1,428.9 million; a decrease of 4.1% from Q3 2013 of which -2.2% was due to foreign exchange effects * Animal Nutrition revenues increased by 2.3% to € 454.9 million. Organic volume effect was +3.2% due to higher sales in mature markets, growth geographies and young animal feed * Fish Feed revenues of € 639.4 million are 8.2% lower than last year driven by a 5.8% decrease in organic volumes mainly due to significantly lower salmon feed sales to Marine Harvest in Norway. The sales volume growth of fish feed for other species was 5.4% * Compound Feed & Meat Iberia revenues decreased by 4.4% to € 334.6 million. Organic volume growth was 3.3%. Good progress has been made in increasing sales to customers across various channels * Termination of € 100 million share buy-back programme * Outlook: Based on current trading conditions and barring any unforeseen circumstances, Nutreco confirms its outlook: full year 2014 EBITA before exceptional items from continuing operations to be at least equal to last year (2013: € 256.3 million)