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Nutreco N.V.

Nutreco N.V.

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Publicatie datum 29 okt 2009 - 07:09
Statutaire naam Nutreco N.V.
Titel Nutreco trading update Q3 2009
Bericht Based on the 3rd quarter results Nutreco expects the 2nd half year EBITA to be 10% higher than the second half of 2008 Volumes increasing in Fish feed and Premix and feed specialties in Q3 Operational results Q3 Animal nutrition and Fish feed in line with our outlook Meat Spain reported excellent results in 3rd quarter Revenue Q3 2009 EUR 1,206.3 million; a decrease of 8.9% from Q3 2008 mainly due to lower raw material prices Working capital balance will be reduced by approximately EUR 50-75 million at year-end compared with 2008 Decision competition authorities for acquisition of animal nutrition business from Cargill in Spain and Portugal expected in 4th quarter