PRESS RELEASES
28
Jul
2017
ICBP’S FIRST SEMESTER 2017 FINANCIAL RESULTS
  • Consolidated net sales grew to Rp18.46 trillion  
  • Income from operations increased to Rp2.78 trillion
  • Income for the period attributable to the equity holders of the parent entity increased to Rp2.09 trillion

 

Jakarta, 28 July 2017 PT Indofood CBP Sukses Makmur Tbk (“ICBP” or the “Company”) today announced its financial results for the period ended 30 June 2017. ICBP posted 1.6% growth in consolidated net sales to Rp18.46 trillion from Rp18.18 trillion in the same period last year. Sales contribution from Noodles, Dairy, Snack Foods, Food Seasonings, Nutrition & Special Foods and Beverages Division are around 63%, 19%, 8%, 3%, 2% and 5% respectively.


Income from operations increased 1.5% to Rp2.78 trillion from Rp2.74 trillion, and operating margin stable at around 15.1%. Income for the period attributable to equity holders of the parent entity grew 5.7% to Rp2.09 trillion from Rp1.98 trillion in the same period last year; net margin improved 40 basis points to 11.3%. Core profit increased 2.9% to Rp2.11 trillion from Rp2.05 trillion.

 
Anthoni Salim, the President Director and Chief Executive Officer of ICBP, said: “In the first semester of 2017 domestic macro economic condition remains positive; however demand for fast moving consumer goods has been subdued. Competition across categories is increasing. Moving into the second semester we remain cautious, while increasing our effort to better serve our consumer and ensure our competitiveness in the market.”


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About PT Indofood CBP Sukses Makmur Tbk

ICBP is an established and one of the market leading players in the consumer branded products sector. We are engaged in diverse business categories, including noodles, dairy, snack foods, food seasonings, nutrition and special foods, and beverages. In addition, ICBP also operates a packaging business, producing both flexible and corrugated packaging to support our main businesses. 

 

We provide everyday solutions for consumers of all ages across market segments, with around 40 leading product brands. Many of these brands enjoy significant market positions in Indonesia, backed by decades of trust and loyalty from millions of consumers. 

 

Majority of our products are available across the archipelago. Supported by our parent company’s extensive distribution network, we are able to meet the market demands in a timely and efficiently manner.

 

Our business operations are supported by more than 50 plants are located in key areas across Indonesia. This enables us to be closer to market demand and ensure product freshness.

 

Besides Indonesia, ICBP products are also present in more than 60 countries around the world.

 

For further information, please contact:

Gideon A. Putro

Corporate Secretary

PT Indofood CBP Sukses Makmur Tbk
Tel: +6221-5795 8822

Fax: +6221-5793 7373