The Board of Directors of Camposol Holding Plc has in its meeting on 23 April 2012, discussed and approved the final annual accounts for 2011.
The final annual accounts do not differ significantly from the preliminary figures for 2011 published on 29 February 2012.
Sales and EBITDA calculated from the audited accounts is USD 167.8 million and USD 30.8 million for the year respectively, the same as the result published in the Q4 2011 Results. Net income for the year was USD 33.6 million compared to the USD 36.1 million reported in Q4'11, due to an adjustment in income tax deferred expense. Total assets and total liabilities were slightly higher with audited figures of USD 442.4 million and USD 165.7 million respectively. Total equity was slightly lower with audited figures of USD 276.7 million.
Please find attached audited 2011 financial statements, which are also available at www.camposol.com.pe
For further information, please contact:
Executive Chairman, Samuel Dyer Coriat
sdyerc@camposol.com.pe
CFO, Jorge Ramirez
jramirez@camposol.com.pe
Phone: +511 621-0800
About CAMPOSOLCAMPOSOL is the leading agro industrial Company in Peru, involved in the cultivation, processing and commercialization of agricultural products such as asparagus, peppers, avocados, mangos, grapes and easy peelers. These are exported as fresh, preserved or frozen products mainly to markets in Europe and the United States of America. CAMPOSOL encompasses a totally integrated business from the production of raw material in the fields to processing in the industrial plant and subsequent commercialization in Europe and the United States. CAMPOSOL has 24,216 own hectares of which about 6,440 are already used for agricultural purposes, operates in 2 different locations in the Peruvian coast, and has one fully owned processing plant for fresh, preserved and frozen products. The Company has on average 10,000 part and full time employees.
