On Monday 8 February markets are closed in Indonesia due to Chinese New Year (Imlek)
5 February 2016 (closed)
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Indofood Sukses Makmur Tbk (Indofood) is a company that has operations in each stage of Indonesia's food manufacturing process: from the production of raw materials and its processing to consumer end products on the retailer’s shelf. Indofood is Indonesia's largest food processing company and the world's biggest producer of instant noodles. The company forms part of the Salim Group, Indonesia's biggest conglomerate, founded by Sudono Salim.
|Industry Sector||Consumer Goods Industry|
|Industry Sub Sector||Food and Beverages|
|Established||14 August 1990|
|Listed||14 July 1994|
|Listed Company Code||INDF|
|Major Shareholders (>5%)||CAB Holdings Limited (50.07%)|
|Key Subsidiaries||Indofood CBP Sukses Makmur
Indofood Fritolay Makmur
Nestlé Indofood Citarasa Indonesia
Sari Incofood Corporation
Surya Rengo Container
Indofood engages in operations in four complementary strategic business groups, which are:
• Consumer Branded Products Group
The consumer branded products group comprises of five divisions, namely noodles, food seasonings, snack foods, nutrition & special foods and biscuit. In its operations, the group is supported by the food ingredients, packaging and international divisions.
Bogasari is the largest integrated flour miller in Indonesia. Its two flour mills are located in Jakarta and Surabaya (Java). Its operations are supported by shipping operations (for wheat transport) and a textile facility (for the production of bags). Bogasari not only produces a variety of wheat flour for different purposes under prominent brands but is also the largest pasta producer in South East Asia (La Fonte brand). Its pasta products are exported to various countries, including the Philippines, Korea and Japan.
• The Agribusiness Group
Agribusiness Group is a vertically integrated operation possessing a number of leading brands derived from palm oil. Its operations cover the whole value chain from research and development, oil palm seed breeding and cultivation to milling, refining, branding and marketing of cooking oil, margarine, shortening and other palm oil derivative products. In addition, the group also engages in rubber, cocoa and tea plantations.
• Distribution Group
Indofood’s Distribution Group has the most extensive distribution network in Indonesia, penetrating almost every corner of the archipelago (it also distributes third-party products). The number of stock points has been expanded aggressively since 2005. Stock points are located in areas with a high density of retail outlets, including traditional markets.
|Earnings per share¹||120||236||336||350|
in billion of IDR (rupiah), unless otherwise stated
¹ in IDR (rupiah)
Source: Indofood Sukses Makmur, Annual Report 2011
Indonesia's recent economic growth is to a large extent due to Indonesia's robust domestic consumption. Not only does Indonesia contain one of the world's most populous populations, but it also constitutes a population that is burgeoning; the country's middle class is expanding rapidly and it shows in their consuming habits. A larger portion of people's disposable income can be spent on consumer products. Business that largely rely on Indonesia's consumer base thus have good prospects.
Sudirman Plaza, Indofood Tower 27th Floor
Jalan Jenderal Sudirman Kav. 76-78
Phone: +62 21 5795 8822
Fax: +62 21 5793 7373