Netherlands-based food group Wessanen today (24 April) reported higher first-quarter sales and profits, with the company's CEO Christophe Barnouin pointing to the company's volume performance.
Wessanen posted revenue of EUR131.7m for the three months to the end of March, up 20.4% on the first quarter of 2013.
Excluding the impact of foreign exchange and of contributions from recent acquisitions, Wessanen's revenue grew 8.9%.
Barnouin said the underlying growth was "mainly due to volume". He added: "Our first quarter was a good start to the year."
EBIT grew 34% to EUR12.2m, while net profit more than doubled to EUR12.6m.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData