February 15, 2012

Nutreco has had a very good year in 2011

The global feed company Nutreco, has reported an EBITA at €241 million (US$317.048 million), for the end of 2011, this was an increase of 8.3 percent on the year ending 2010. Wout Dekker, CEO Nutreco: "The past year was important in the history of Nutreco for several reasons. It was the final year of our Re-balancing for Growth strategy and we achieved targets financially. We made advances in our nutritional solutions - creating value for our customers -, reached sustainability objectives and we made commitments for the future.

The excellent result in 2011, with a €241 million (US$317.048 million), EBITA, means Nutreco exceeded the target to double the 2006 EBITA of €115 million (US$151.288 million). In November the Executive Board presented the strategy update 'Ambition 2016 - driving sustainable growth'. At the same time we announced our intention to sell the Hendrix compound feed business to ForFarmers, where it can be a core activity with a leading market position. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers. To get your copy of 'PPLAPP' click here.
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