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Royal Wessanen Q1 Profit Slumps - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Europe's organic food producer Koninklijke Wessanen (KJWNY.PK) posted a plunge in its first-quarter 2012 profit attributable to equity holders of the company to 1.5 million euros from year-ago quarter's 4.5 million euros, with earnings per share dropping to 0.02 euros from 0.06 euros in the previous year.

Three-month revenue from continuing operations totaled 170.6 million euros, as a result of 1.3% autonomous growth, 0.7% positive currency exchange effects and a combined acquisition and divestment effect, versus last year's revenue figure of 178.8 million euros.

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