Wessanen's woes continue

Dutch food group Wessanen saw its operating profit tumble during the first quarter of the year and admitted the business now exceeded an agreed limit on its debt ratio.

NETHERLANDS: Wessanen exceeds debt ratio, profits slump

5 May 2009

Dutch food group Wessanen saw its operating profit tumble during the first quarter of the year and admitted the business now exceeded an agreed limit on its debt ratio.

NETHERLANDS: Wessanen interim CEO gets job for another year

23 April 2009

Wessanen, the Netherlands-based food group, said today (23 April) that interim CEO Frans Koffrie would continue to lead the company for another year.

NETHERLANDS: Wessanen ponders US exit

22 April 2009

Dutch food group Wessanen said today (22 April) that it will start a review on whether to exit all North American businesses and focus on Europe in a bid to streamline its business.

NETHERLANDS: Wessanen issues profit warning

3 April 2009

Dutch food group Wessanen today (3 April) warned that its first-quarter profits would be “significantly lower” than in 2008 due to competition in North America and Europe.

In the Spotlight - Wessanen

2 March 2009

Wessanen, the Netherlands-based food group, has a number of questions to answer after last week posting a drop in annual profits – and seeing the departure of its CEO. Industry watchers insist that, despite the downturn, Wessanen's focus on health food is correct but some believe an exit from the US market could help the company's core European business thrive.