Research and Markets(http://www.researchandmarkets.com/research/a76e58/netherlands_food_a)
has announced the addition of the "Netherlands
Food and Drink Report Q3 2010" report to their offering.
Business Monitor International's Netherlands Food and Drink Report
provides industry professionals and strategists, corporate analysts,
food and drink associations, government departments and regulatory
bodies with independent forecasts and competitive intelligence on the
Netherlands' food and drink industry.
There have been mixed fortunes for some of the Netherlands largest food
and drink companies reporting full-year 2009 results, reflecting the
ongoing competitive environment.
For example, Dutch dairy giant FrieslandCampina, created in early 2009
following the merger of former rivals Friesland and Campina, posted
declining revenues but a rise in profits for 2009. In the 12 months to
the end of December, FrieslandCampina's net sales dropped by 14% to
EUR8.2bn, with the firm hit by a drop in demand and falling dairy
prices. However, operating profits for the period increased by 26%
(excluding one-off items) while net profits surged by 35% to EUR182mn.
This increase can be attributed to synergies following the merger, as
well as a reduction in the price paid for raw milk, which lowered
operating costs. The firm's profits were also aided by resilient demand
for the company's branded products in South East Asia and Africa. The
improvement in FrieslandCampina's operating profit during the year,
despite a 14% decline in sales, points to the synergistic benefits of
the merger.
Anglo Dutch giant Unilever posted a 3.1% drop in net income for 2009 to
EUR3.66bn, while operating profit dropped by 30% to EUR5.02bn. Unilever
reported underlying sales growth of 3.5% for 2009, with sales in the
Americas, Asia and Africa all rising. However, group turnover fell by
1.7% to EUR39.82bn, hit by foreign exchange. At constant exchange rates,
annual sales were up 1%. Unilever CEO Paul Polman said that he expects
continuing pressure on consumer spending and heightened levels of
competition in 2010. Likewise, Dutch bakery supplier CSM reported 2009
results showing a 1.7% decline in net sales to EUR2.55bn, although
earnings before interest, taxes and amortisation (EBITA) grew by 13.1%
to EUR150.6mn. Natural/health food company Wessanen reported a loss of
EUR219.7mn for full-year 2009, while underlying revenues for the year
fell by 3.2% to EUR702.5mn. Brewing giant Heineken, meanwhile, reported
that underlying net profits rose by 4% to EUR1.06bn for the 12 months to
the end of December, while price increases boosted net sales by almost
3% to EUR14.7bn. However, like-for-like net sales slipped by 0.2% for
the year as group volumes fell 5%. The company stated that the key
themes for 2010 will continue to be sluggish demand for beer and
consumers trading down to cheaper products. The firm will continue to
aggressively pursue its three-year Total Cost Management programme,
which aims to cut operating costs globally and as part of this stated
that Heineken expects a further organic decline in the number of
employees.
The country's leading retailer Ahold reported more positive 2009 results
with a 7.9% increase in operating income to EUR1.3bn, while sales
increased by 3.9% to EUR27.9bn. The retailer has indicated that it is
'looking at options or growth opportunities in Europe and the US,
looking first at the adjacent market areas in both continents'. Indeed,
the company has confirmed that it is considering entering the retail
market in neighboring Belgium, although no time frame has been set for
such a move. Ahold may yet again be preparing to return to the global
retail stage.
Key Topics Covered:
SWOT Analysis
Business Environment
Economic Outlook
Industry Developments
Industry Forecast Scenario
Soft Drinks and Bottled Water
Table: Soft Drink Sales - Historical Data & Forecasts
Alcoholic Drinks
-
Table: Alcoholic Drink Value/Volume Sales Historical Data & Forecasts
Industry Developments
Market Overview
Soft Drinks and Bottled Water
Alcoholic Drinks
Table: Alcoholic Drinks Data
Mass Grocery Retail
Industry Forecast Scenario
Table: Mass Grocery Retail Market Sales by Format (US$bn) Historical
Data & Forecasts
Table: Food Sales by Format Historical Data and Forecasts
Table: Alcohol and Tobacco Sales by Format Historical Data and
Forecasts
Industry Developments
Competitive Landscape
Company Analysis
Country Snapshot: Netherlands Demographic Data
Table: Demographic Indicators, 2005-2030
Table: Rural/Urban Breakdown, 2005-2030
Table: Education, 2002-2005
Table: Vital Statistics, 2005-2030
Table: Employment Indicators, 2000-2005
Table: Consumer Expenditure, 2000-2012 (US$)
Table: Average Annual Wages, 2000-2012
Companies Mentioned:
Unilever
FrieslandCampina
Heineken International
Ahold
For more information visit http://www.researchandmarkets.com/research/a76e58/netherlands_food_a
Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S.
Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716