INDOFOOD’S NINE MONTHS 2009 FINANCIAL RESULT

Jakarta, 15 December 2009 - PT Indofood Sukses Makmur Tbk (“Indofood”) today announced its financial results for the nine months period ended September 30, 2009. Indofood recorded consolidated net sales of Rp28.20 trillion, declined 5.7% from Rp29.90 trillion in the same period last year, mainly due to the decline in CPO and other commodity prices. Almost all business units registered volume growth.

The Consumer Branded Product Group, which consists of Noodles, Dairy, Food Seasonings, Snack Foods, Nutrition & Special Foods Division, contributed 43% to consolidated net sales, increased from 30%, partly driven by the increase in sales volume across the divisions.

Bogasari Group contributed 29% to consolidated net sales, declined from 31% due to the decline in sales value as a result of lower flour price. Contribution from Agribusiness Group declined to 19% from 27% mainly due to lower CPO and rubber prices. Contribution from Distribution Group also declined to 8% from 12% principally because the dairy sales is now included in the CBP Group.

Gross profit increased 3.5% to Rp7.72 trillion from Rp7.46 trillion, contributed by the improvement in the performance of the CBP and Distribution Groups. In line with the growth in the gross profit, operating profit increased 4.2% to Rp3.73 trillion from Rp3.58 trillion. Gross margin and operating margin improved to 27.4% and 13.2%, respectively. Including foreign exchange gain, net profit improved significantly to Rp1.58 trillion from Rp1.11 trillion. The strength in the operational performance is reflected in the increase of Core profit to Rp1.21 trillion from Rp1.18 trillion.

Anthoni Salim, the President Director and Chief Executive Officer of Indofood, said: “We are pleased that this year we continue to sustain our performance, despite lower CPO price. Thanks to our consumer, our products continue to be their preferred choice. We are committed to continue delivering quality products with value for money.”
 

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About PT Indofood Sukses Makmur Tbk

PT Indofood Sukses Makmur Tbk (“Indofood”) (IDX: INDF) is a leading processed food company in Indonesia. Indofood provides total food solutions through its four strategic business groups: consumer branded products (CBP), Bogasari (flour producer), agribusiness, and distribution. Indofood’s strongest legacy today is the strength of its brands, many of which have been companions to the people of Indonesia for nearly two decades. These include a variety of brands of instant noodles (Indomie, Supermi and Sarimi), wheat flour (Segitiga Biru, Kunci Biru and Cakra Kembar), cooking oils (Bimoli), margarine (Simas Palmia) and shortenings (Palmia). The acquisition of Indolakto, one of the leading processed milk producers (Indomilk) has positioned Indofood as the Progressive Total Food Solutions company. Indofood brands continue to be the market leaders in their specific segments with a reputation for quality and value for money that remains unrivalled.

For further information, please contact:
PT Indofood Sukses Makmur, Tbk
Werianty Setiawan
Director & Corporate Secretary
Tel: +62 21 5795 8822 ext. 1215
Email: werianty@indofood.co.id