The Provimi Group (listed on Euronext Paris), one of the world leaders in animal nutrition, today publishes a trading update on its consolidated results for the first six months of the year.
. Profit from operations before other operating income and expenses decreased by 12.3 % to EUR 49.1 million,
. Poland/Ukraine still suffering from economic crisis, but excellent performance of Latin America,
. Performance of pet food activities is improving,
. Goodwill impairment adjustments in Poland and in pet food in the Netherlands.
(Unaudited, in million €) 30.06.2009 30.06.2008 Change
Revenues 840.6 1,095.6 (23.3) %
Profit from operations
before other operating income/(expense)
49.1 56.0 (12.3)%
Profit from operations (19.1) 53.0 -
Net income - Group share (53.9) 50.0 -
Earnings per share (2.07) 1.92 -
*** Please find attached the full and original pdf version of the press release. ***
This press release, together with the Groups’ half-year 2009 condensed interim consolidated financial statements will be available on the Group’s website: http://www.provimi.com and will also be available upon request at the company’s head office. |