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Koninklijke Wessanen NV (BSWSc.AS)

BSWSc.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Koninklijke Wessanen Q3 profit for the period at 8.5 million euros beats Reuters poll
Tuesday, 24 Oct 2017 01:00am EDT 

Oct 24 (Reuters) - KONINKLIJKE WESSANEN NV ::Q3 PROFIT FOR THE PERIOD EUR 8.5‍​ MILLION VERSUS EUR 7.98 MILLION IN REUTERS POLL.‍GUIDANCE FY 2017 * TOTAL REPORTED GROWTH IS EXPECTED TO BE LOW DOUBLE-DIGIT,​.Q3 REVENUE EUR 147.4 MLN‍​ VERSUS EUR 150 MILLION IN REUTERS POLL.‍WE EXPECT EBITE % OF REVENUE TO BE ABOVE 8% FOR FULL YEAR​.SEES ‍2017 NET FINANCING COSTS AROUND EUR 2.0-2.5 MILLION​.Q3 EBITE INCREASES TO €12.8 MILLION; EBITE MARGIN OF 8.7% (YTD: EBITE 43.4M, 9.2%)‍​.SEES 2017 ‍TAX RATE AROUND 30%​.SEES 2017 ‍CAPITAL EXPENDITURES EUR 12-14 MILLION​.SEES 2017 ‍DEPRECIATION AND AMORTISATION EUR 9-10 MILLION​.Q3 EBIT ADJUSTED EUR 12.2‍​ MILLION VERSUS EUR 12.3 MILLION IN REUTERS POLL.  Full Article

Wessanen ‍Q2 profit misses consensus
Tuesday, 25 Jul 2017 01:00am EDT 

July 25 (Reuters) - KONINKLIJKE WESSANEN NV ::‍EBITE INCREASES BY 22.4% TO EUR 30.6 MILLION FOR H1 (Q2: EUR 11.6 MILLION)​.Q2 REVENUE EUR ‍​ 160.8 MILLION VERSUS EUR 163 MILLION IN REUTERS POLL.Q2 PROFIT FOR THE PERIOD EUR 7.1 MILLION VERSUS EUR 8.4 MILLION IN REUTERS POLL.WESSANEN - ‍TURN-AROUND OF GERMANY BUSINESS IS ON TRACK​.REMAIN CONFIDENT THAT 2017 WILL BE YET ANOTHER YEAR OF HEALTHY, SUSTAINABLE AND PROFITABLE GROWTH ‍​.FOR FY17 WE EXPECT EBITE % OF REVENUE TO BE ABOVE 8% FOR THE FULL YEAR.FOR FY17 NET FINANCING COSTS AROUND €2.0-2.5 MILLION.FOR FY17 CAPITAL EXPENDITURES €13-15 MILLION.FOR FY17 EXPECTS DEPRECIATION AND AMORTISATION €9-10 MILLION.  Full Article

Koninklijke Wessanen Q1 EBITE beats Reuters poll
Friday, 21 Apr 2017 01:01am EDT 

April 21 (Reuters) - Koninklijke Wessanen NV ::Q1 revenue EUR 164.8 million ($176.58 million) versus EUR 164 million in Reuters poll.Q1 EBITE EUR 19.0 million versus EUR 15.9 million in Reuters poll.Q1 profit for the period EUR 13.2 million versus EUR 9.1 million year ago.For FY 2017 total reported growth is expected to be low double-digit.For FY 2017 we expect EBITE % of revenue to be above 8% for the full year.For FY 2017 net financing costs around 2.0-2.5 million euros.For FY 2017 expects tax rate around 30 pct.For FY 2017 expects capital expenditures 13-15 million euros; depreciation and amortisation 9-10 million euros.  Full Article

Wessanen acquires Biogran
Monday, 5 Dec 2016 06:49am EST 

Koninklijke Wessanen NV : Acquires Biogran, the leading manufacturer and distributor of organic brands in Spain . Acquisition of Biogran for a purchase consideration of 67 million euros ($71.68 million) on a cash and debt free basis .Closing is expected later today.  Full Article

Wessanen is developping plan to get German products in supermarkets - conf call
Tuesday, 26 Jul 2016 04:56am EDT 

Koninklijke Wessanen NV : Is developping plan to get German products in supermarkets - conf call Further company coverage: [BSWSc.AS] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Wessanen commits to growing FY EBITE margin by 50 BPS - CEO
Tuesday, 26 Jul 2016 04:20am EDT 

Koninklijke Wessanen NV : Sees EBIT growth slowing down in H2 versus H1 due to higher marketing spend - CEO . Is committed to grow 2016 EBITE margin by 50 basis points - CEO Further company coverage: [BSWSc.AS] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Koninklijke Wessanen H1 EBITE up 30.2 pct to 25.0 million euros
Tuesday, 26 Jul 2016 01:11am EDT 

Koninklijke Wessanen NV : Wessanen H1 and Q2 2016 results - strong growth and increased profitability . Q2 revenue 142.7 million euros ($156.96 million)versus 143 million euros in Reuters poll . Q2 EBIT 10.3 million euros versus 8.4 million euros in Reuters poll . Q2 profit 7.2 million euros versus 3.5 million euros year ago . EBITE increases by 30.2 pct to 25.0 million euros for H1 . Full year autonomous revenue growth is expected to be in the range of 5-7 pct .For the full year, excluding the effect of the acquisitions year to date, we expect EBITE and EBITE margins to be higher than last year.  Full Article

Koninklijke Wessanen acquires UK gluten-free brand Mrs Crimble's
Friday, 1 Jul 2016 05:41am EDT 

Koninklijke Wessanen NV : Wessanen has acquired Mrs Crimble's, a brand in the UK gluten-free market .Wessanen and owners of Mrs Crimble's have signed and completed acquisition of Mrs Crimble's by Wessanen on July 1.  Full Article

Wessanen to acquire IneoBio, owner of Destination brand
Thursday, 12 May 2016 02:25am EDT 

Koninklijke Wessanen NV : Announced on Wednesday it is to acquire IneoBio, expert in organic coffee and tea and owner of Destination, a brand present in France .Closing is expected to be in June 2016.  Full Article

Koninklijke Wessanen comments on FY 2016 guidance
Tuesday, 26 Apr 2016 01:00am EDT 

Koninklijke Wessanen NV:Expect revenue growth of 5-7 pct for the full year 2016.Expect to report a higher EBITE in 2016 versus 2015.  Full Article