Research and Markets: Latest Indonesian Food and Drink Report now Available

* Reuters is not responsible for the content in this press release.

Mon Jun 29, 2009 12:00am EDT

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/e0e23f/indonesia_food_and) has
announced the addition of the "Indonesia Food and Drink Report Q3 2009" report
to their offering. 

The Indonesia Food Drink Report provides independent forecasts and competitive
intelligence on Indonesia's food and drink industry. 

While Indonesia's economy is outperforming most other Asian countries whose
economies have been hit hard by falling global trade, this quarter has still
seen little merger, acquisition or expansion activity. This is most likely as a
result of companies remaining cautious in the face of the current global
economic crisis. 

Despite prevailing economic conditions, Indonesian food company Indofood Sukses
Makmur has posted strong 2008 financials, with sales growth achieved across all
operating segments. Indofood's revenues increased by 39.3% to reach IDR38.8trn
(US$3.34bn), however, the company refrained from making any bullish statements
about its prospects for 2009. One company not worried about making such
statements is Charoen Pokphand Indonesia, who announced this quarter that for
the 2009 financial year it expects income to reach IDR13trn (US$1.18bn). This
optimism is not surprising when per-capita food consumption is predicted to rise
by 9.74% from 2008 to reach US$273.8 in 2009. 

Moving to the mass grocery retail sector (MGR), this quarter Indonesian retailer
Matahari Putra Prima announced results for the 2008 financial year. Sales
increased 22.6% year-on-year (y-o-y) to reach IDR12trn (US$1.09bn), food sales
accounted for IDR5.7trn (US$499.3mn) of this figure. However, despite the strong
growth in sales the company suffered a decline in net profit to IDR10bn. The
company remains positive amid the current global economic crisis and is planning
to increase sales by 20% in 2009. This does not seem unrealistic when value
sales through modern retail outlets are expected to increase 13.2% from 2008 to
reach US$5.93bn in 2009, increasing yet further to reach US$9.36bn in 2013.
Despite the company's positivism, this quarter it announced that it is to
slowdown its expansion plans as part of a pre-cautionary measure to save money
during this period of economic uncertainty. Despite the current air of caution,
we has forecast GDP growth of 3.6% for 2009, followed by a recovery to 4.5% in
2010, this offers some positivity for the country's long-term outlook. 

Key Topics Covered:

* EXECUTIVE SUMMARY 
* SWOT ANALYSIS 
* BUSINESS ENVIRONMENT 
* FOOD 
* DRINK 
* RETAIL 
* COMPANY ANALYSIS 
* APPENDIX 
* COMMODITY PRICE FORECASTS 
* COUNTRY SNAPSHOT: INDONESIA DEMOGRAPHIC DATA 
* FOOD & DRINK BUSINESS ENVIRONMENT RATINGS 
* BMI FOOD & DRINK INDUSTRY GLOSSARY 
* BMI FOOD & DRINK FORECASTING & SOURCING

Companies Mentioned:

* Indofood Sukses Makmur Terbuka 
* Coca-Cola Amatil (CCA) 
* Aqua Golden Mississippi (Aqua) 
* Matahari Putra Prima 
* Carrefour

For more information visit
http://www.researchandmarkets.com/research/e0e23f/indonesia_food_and



Research and Markets
Laura Wood
Senior Manager
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716 

Copyright Business Wire 2009

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