Jakarta, 31 October 2018 - PT Indofood CBP Sukses Makmur Tbk (“ICBP” or the “Company”) today announced its financial results for the period ended 30 September 2018. ICBP posted 7.5% growth in consolidated net sales to Rp29.48 trillion from Rp27.43 trillion in the same period last year.
Income from operations increased 19.6% to Rp4.97 trillion from Rp4.16 trillion, and operating margin grew to 16.9% from 15.2%. Income for the period attributable to equity holders of the parent entity rose 14.6% to Rp3.48 trillion from Rp3.04 trillion in the same period last year; net margin expanded 70bps to 11.8%. In addition, core profit increased 8.5% to Rp3.29 trillion from Rp3.04 trillion.
Anthoni Salim, the President Director and Chief Executive Officer of ICBP, said: “We are pleased that ICBP delivered a solid performance in the third quarter period of this year. Amidst intensifying competition, we will continue to be persistent with our strategy in pursuing sustainable growth, and to strengthen our position in the market."
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 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
PT Indofood CBP Sukses Makmur Tbk
Tel: +6221-5795 8822
Fax: +6221-5793 7373