VION has published its 2012 Annual Report today. This follows several important decisions taken in 2012 and 2013 leading to material changes to the company’s size and composition. The far-reaching strategic restructuring, which included such measures as the sale of VION Ingredients as announced in October, was necessary due to the fact that the results of VION Food in its key countries of the Netherlands, Germany and the United Kingdom had fallen far below expectations. As previously reported, the net result for 2012 is a loss of € 830 million due to significant non-recurring write-offs on participating interests.
