July 22, 2017 3:06 AM ET

Food Products

Company Overview of Koninklijke FrieslandCampina N.V.

Company Overview

Koninklijke FrieslandCampina N.V. provides dairy products worldwide. It operates through five Business Groups: Consumer Products Europe, Middle East & Africa; Consumer Products Asia; Consumer Products China; Cheese, Butter & Milkpowder; and Ingredients. The Consumer Products Europe, Middle East & Africa Business Group offers dairy based beverages, yoghurts, desserts, infant nutrition, butter, branded cheese, fruit juices, fruit drinks, and sports drinks. The Consumer Products Asia Business Group provides infant nutrition products and dairy based beverages. The Consumer Products China Business Group offers infant nutrition, dairy-based beverages, and food service products. The Cheese, Butter ...

Stationsplein 4

Amersfoort,  3818 LE

Netherlands

22,000 Employees

Phone:

31 33 713 3333

Key Executives for Koninklijke FrieslandCampina N.V.

Chairman of Executive Board and Chief Executive Officer
Age: 59
Chief Financial Officer and Member of Executive Board
Age: 46
COO - Business Group Consumer Products Europe, Middle East & Africa & Member of the Executive Board
Age: 58
Corporate Director, General Counsel and Company Secretary
Age: 55
Corporate Director of Treasury
Compensation as of Fiscal Year 2017.

Koninklijke FrieslandCampina N.V. Key Developments

FrieslandCampina Introduces New Sports Nutrition Range

FrieslandCampina has introduced a new protein-rich sports nutrition range under the Vifit Sport brand. The range includes ahealthbar, a drink, and a shake, which will be available in various flavours. The company's Vifit Sport has been created for the sportsperson and is said tocontribute to the recovery and build-up of muscles. Therefore the products are available online, as well as at a large pharmacy chain. By eating protein-rich products immediately after exercising, the small tears in the muscles resulting from the exercise will be repaired. The company claims that every portion of its Vifit Sport contains 20g of protein and will be initially introduced into the Dutch market to be followed by rest of Europe. Not only replenishment of fluid and carbohydrates but also the intake of sufficient proteins are important, for this ensures recovery of the incurred damage to the muscles. By eating protein-rich products immediately after exercising, the small tears in the muscles resulting from the exercise will be repaired. The company already produces milk-based ingredients for sports nutrition producers.Image: With Vifit Sport FrieslandCampina directly targets the active sportsperson.

Royal FrieslandCampina N.V. Reports Earnings Results for the Year of 2016

Royal FrieslandCampina N.V. reported earnings results for the year of 2016. For the year, the company reported that the profit increased by 5.5% to EUR 362 million in comparison to the previous year. The operating profit declined by 2.3% to EUR 563 million. Adjusted for negative currency effects of EUR 30 million, the operating profit is EUR 593 million. In spite of the growth in volume, revenue decreased by 1.9% to EUR 11.0 billion due to negative currency effects. The cash flow from operating activities decreased to EUR 850 million due to the stocks having a higher value at the end of 2016.

Royal Frieslandcampina Plans To Sell Fruit Juice Business Riedel

Koninklijke FrieslandCampina N.V. (Royal FrieslandCampina) is exploring the sale of Frieslandcampina Riedel B.V. (Riedel), a fruit drinks manufacturer in the Netherlands, as it intends to focus on dairy business. Royal FrieslandCampina further added that it has informed its employees, works council, trade unions, customers and suppliers about its plans to sell Riedel. “FrieslandCampina wants to ensure Riedel is best positioned to anticipate and respond to changing customer requirements and consumers habits. Therefore we believe it is important for Riedel to take the next step in its development", said Roelof Joosten, Chief Executive Officer of Royal FrieslandCampina.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
February 3, 2017
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