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.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more


The company, which sells brands including Dr Ritter muesli and Kallo rice cakes, blamed “competitive market conditions” around a number of its branded businesses for the expected drop in operating profit.


Wessanen said its first-quarter numbers – which are due to be published on 13 May – will also include “some incidental charges”.


Last year, Wessanen posted first-quarter operating profit of EUR12.4m (US$16.7m).


Wessanen said sales for the first three months of 2009 would be “broadly in line” with the revenue booked in the first quarter of 2008, which reached EUR384.6m.

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.

Company Profile – free sample

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
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The company declined to issue a forecast for full-year sales and earnings for 2009.


Officials at Wessanen could not be reached for immediate further comment.