. The Provimi Group, a world leader in animal nutrition, today publishes its 2009 annual results.
. Recurring operating profit for 2009 stable at € 117.2 million
. Strong H2 2009 performance compared to H1 (recurring operating profit up 26.7%), reflecting both market recovery and impact of focused reorganisation improvement initiatives
. Animal Nutrition: strong continuing performance from most businesses, Poland facing challenges
. Pet Food: restructuring complete with full recovery delivering profitable growth
. Strong cash generation from operations

Group CEO Ton van der Laan commented: "Provimi has reinforced its competitive position in 2009 and has shown strong recovery in its activities in the second half of the year, fuelled by improvement initiatives and better market conditions. A number of new initiatives started in 2009 to improve competitiveness strengthened Provimi's financial position. These initiatives, such as a new brand identity, new supply chain management and a new integrated marketing and innovation organisation, also provide Provimi with a strong and sustainable platform for future growth, allowing the company to fully benefit from improving market conditions in 2010 and beyond."