CEREBOS 3RD QUARTER FY 2011 SALES ON PAR
WITH PREVIOUS PERIOD DESPITE DIFFICULT
CONDITIONS
Cerebos News Release
......................................................................................................
news release final
Embargoed until 5:05 pm Contact : Daniel
Quek
+65-62120289
CEREBOS 3RD QUARTER FY 2011 SALES ON PAR
WITH PREVIOUS PERIOD DESPITE DIFFICULT
CONDITIONS
Highlights Q3FY2011
3Q Sales at S$238.5 million
3Q Net Profit at S$20.6 million
Highlights First 9 Months FY2011
First 9 Months Sales at S$700.2 million
First Nine Months Net Profit at S$66.0
million
Return on Shareholders Funds at 21.7%
[ Singapore - 11th November 2011 ] Cerebos
Pacific Limited today announced a 3rd
Quarter sales of S$238.5 million compared
to S$239.2 million in the previous
corresponding quarter. Excluding the
exchange translation loss of of S$1.3
million, 3rd Quarter sales would have been
on par with the previous corresponding
quarter. Operating profit for Q3 FY 2011
was 5% lower than the previous
corresponding quarter at S$31.3 million (FY
2010 Operating Profit : S$32.8 million).
Net Profit was 11% lower at S$20.6 million
(FY 2010 Net Profit : S$23.2 million).
President & Group CEO, Mr Eiji Koike said:
"Overall Cerebos' 3rd Quarter performance
has been satisfactory amidst the difficult
economic environment. Sales of Coffee and
Sauces ebbed slightly but our flagship
BRAND'S® range of health supplements
provided continued growth. In line with our
long term strategic plan, we focused
investments on areas where we could further
strengthen our already established brand
image and our reputation for high
quality.
BRAND'S® health supplements division
sales for the 3rd Quarter rose 6% compared
to last year despite the Taiwan nationwide
food contamination scare having a
significant negative impact. Excluding the
exchange translation impact of S$2.5
million, Health Supplements sales would
have been 8% higher.
We have continued to engage consumers most
recently through marketing initiatives
emphasizing Probeptigen®, a newly
discovered active ingredient in BRAND'S®
Essence of Chicken, supported with strong
scientific backing by the BRAND'S® Brain
Research Centre.
In the Food & Coffee division 3rd Quarter
sales were down 8% compared to last year,
mainly due to the discontinuation of the
Riva® instant coffee range and lower sales
from the sauces category in Australia.
Excluding the exchange translation gain of
S$1.2 million, Australasia sales would be
9% lower."
For the first nine months ended September
2011, Cerebos Group turnover was up 5% at
S$700.2 million (FY 2010 : S$665.4
million). Turnover would have improved by
6% if the exchange translation loss of $7.4
million was excluded. Net profit for the
first nine months was flat at S$66.0
million (FY 2010 : S$66.2 million).
Commenting on the remainder of the
financial year, Mr Koike said : "The fourth
quarter of the financial year will be
difficult. In addition to the global
economic environment and increase in
commodity prices, the Group's results will
be significantly affected by the flooding
in Thailand. The impact should be for the
short term and the outlook for the Group's
business remains positive over the mid to
long term."
ABOUT CEREBOS
Cerebos Pacific Limited is a leading food
and health supplements enterprise with its
corporate headquarters in Singapore. It is
a blue-chip company listed on the Singapore
Exchange Securities Limited, providing
management services to subsidiary and
associate companies in the Asia Pacific. It
is also a benchmark component of the FTSE /
ASEAN Index. Cerebos was ranked 26th best
among Singapore listed companies in the
inaugural BT Governance & transparency
index on 1 March 2009. Cerebos was also
inaugurated into the FTSE ST Mid Cap Index
in 2008.
Its flagship product, BRAND'S Essence of
Chicken is the category leader. Its main
markets are Thailand, Taiwan, Singapore,
Malaysia, Hong Kong and China. More than
150 million bottles of BRAND'S products
were sold last year. BRAND'S health
supplements also includes the tablets
range, the Innershine® fruit essences range
and the bird's nest range. In Australasia,
Cerebos' products include gravies, sauces,
coffee and cooking aids marketed under
established brand names including
Fountain®, Gravox®, Robert Harris®, Riva®,
Gregg's® and Caffe Láffare® and Toby's
Estate®.
Cerebos' homepage address is
http://www.cerebos.com
###
Attached :
Cerebos Pacific Limited 3rd Quarter and
First Nine Months Financial Statement
Announcement
for Financial Year 2011.
Media Contact :
Daniel Quek
Tel: +65-62120289 DID
email: dq@cerebos.com.sg
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CEREBOS PACIFIC LIMITED 
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