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D.E MASTER BLENDERS 1753 N.V.

D.E MASTER BLENDERS 1753 N.V.

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Publicatie datum 28 aug 2012 - 07:39
Statutaire naam D.E MASTER BLENDERS 1753 N.V.
Titel D.E MASTER BLENDERS 1753: Results Fiscal Year 2012
Bericht Good Performance in Transitional Year Amsterdam, August 28, 2012 Financial Highlights Fiscal Year 2012 Total segment sales up 9.5%, like for like[1]; reported sales up 7.6% Underlying[2] EBIT margin at 12.3%, compared to 12.4% in the prior year Cost savings programs well underway Normalized earnings per share[2] at € 0.45 Brazilian internal investigation largely completed; no additional material new findings identified[3] Financial Highlights Fourth Quarter Fiscal Year 2012 Strong rebound of underlying[2] volume growth from (4.4)% in Q3 to +1.2% in Q4 Total segment sales up 6.5% like for like[1]; reported sales down (0.7)% Consumer prices and competitive price position remained stable versus Q3 [1] Like for like (LFL) growth is at constant scope of consolidation and constant exchange rates [2] This represents a non-IFRS measure. The reason for the inclusion of the measure along with the definition and reconciliation to the comparable IFRS measure can be found in appendix 1 of this release [3] More information can be found on page 5 Forward-Looking Information The statements contained in this document that are not historical facts are forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In addition, from time to time, in oral and written statements, representatives of D.E MASTER BLENDERS 1753 (the Company) discuss their expectations by making forward-looking statements regarding the Company. Forward-looking statements are generally but not always preceded by terms such as "intends", "expects", "projects", "anticipates", "likely" or "believes". Forward-looking statements represent only the Company's beliefs regarding the future many of which are by their nature inherently uncertain. The Company's actual results may differ, possibly materially, from those expressed or implied in the forward-looking statements. Consequently, the Company wishes to caution reader