Strong results from Nutreco

- Revenue EUR 4,939.7 million; increase of 9.5% - Nutreco reports a record EBITA before exceptional items of EUR 222.5 million; an increase of 27.0% compared with 2009 - Strong cash flow from operating activities of EUR 205.5 million - Dividend proposal of EUR 1.50 per share

Wout Dekker, CEO Nutreco: "We are proud to report an excellent operating result for Nutreco in 2010. The results in Premix and Feed Specialties were an improvement over 2009 through increased volumes. In the Fish Feed segment we had a record operating result, due in part to the recovery now occurring in Chile and a strong performance in Norway. The integration of the Cargill acquisition in Spain and Portugal is progressing according to plan.

The excellent 2010 results and our strong balance sheet give us the confidence to successfully execute our strategy in 2011, and the years beyond."

Challenges of the feed-to-food chain

"The world faces the challenge of doubling global food production while halving the footprint in order to sustainably feed nine billion people in 2050. Nutreco believes it can contribute to the required increase in productivity by applying new feed solutions based on our knowledge and investments in technology. The newly developed MicroBalanceTM concept in salmon feed is a perfect example of a Nutreco innovation where ecology and economy come together. It reduces dependency on the scarce raw material fishmeal in feeds, contributing to a sustainable growth in aquaculture."