Numico Denies Market Rumor Of Profit Warning

Source: Dow Jones and Company Inc.

AMSTERDAM -(Dow Jones)- Netherlands-based specialty foods and supplements maker Numico NV (N.NUM) Friday denied market rumors that it may issue a profit warning, speculation which sent its shares down by more than 6% in morning trade.

Numico spokeswoman Elvira Luyckx said the company won't release a trading statement ahead of the publication of its first quarter results scheduled for May 3.

Numico earlier stated that its "performance" in the first half of 2002 wouldn't equal that of the previous year.

"I can only repeat this statement," the spokeswoman said, adding that since the company hasn't given a concrete forecast it can't come up with a profit warning.

Numico shares this morning were bucking the positive trend in Amsterdam trade, as they fell more than 6% at one point, with brokers and analysts citing rumors of a possible profit warning.

On Euronext Amsterdam at 1003 GMT, Numico shares were down 5.0% at EUR30.00, coming off earlier low at EUR29.50.

Company Web site:

By Maaike Veen
Dow Jones Newswires
31 20 626 0770
[email protected]

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