The Gelatin and Akiolis unit, whose main customers are the food and
pharmaceuticals industries, posted lower sales due to tighter raw materials
availability.
The group net loss was 8.6 million euros (USD11.2 million) compared with a
forecast net profit of 1.43 million in a Reuters poll of analysts.
Tessenderlo said it was cautious about 2012, which would be a year of
transition.
Recurring operating profit for the fourth quarter was 1 million euros
(USD1.31 million), below the 7.28 million expected in the Reuters poll of four
analysts.
It was also below an earlier outlook, when the group forecast fourth-quarter
operating results in line with the same period last year, which would have been
EUR4.4mln at recurring operating profit level.
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