Table of Contents
Dean Foods Company
Forward Looking Statements
Dean Foods Company
PPT Slide
Delivering Results Throughout aChanging Raw Material EnvironmentDean Foods Pro Forma EPS vs. Class I Mover, 1999 - 2003
Operational Management TeamWith Great Breadth and Depth( ) denotes years of food/beverage industry experience
Dean Foods 2003 Achievements
Dean Foods 2003 Achievements (cont’d)
2004 Objectives
Greater Clarity in 2004New Segment Revenue Estimates
Dairy Group Continues to Deliver
Dean Dairy GroupThe Industry’s Broadest Dairy Case Offering Serving All Channels Across the Nation
PPT Slide
Branded Products Group
Branded Products Group2003 Revenues
Branded Products GroupBuilding a Strong Track Record of Volume Growth
Silk and Horizon OrganicAddressing Today’s Focus on Health
Silk is Soy
White Wave2003 Revenue by Channel
Silk Continues to Climb the Charts
Silk is the Clear Market Leader2 Year Dollar Share History in Conventional Grocery 1
Silk Innovations in 2004Focus on Packaging, Fortification and Flavor
Horizon Organic
Happy Cow Brand Equity
New Product IntroductionsFocus on Audience, Taste and Packaging
Dean National Brand GroupNew Product Introductions
Specialty Foods Group2003 Revenue
Specialty Foods GroupInitiatives and Opportunities
Steady Volume Growth in SpainProving an Already Successful Business Model
Merger & Acquisition Strategy
Committed to Growing Shareholder ValueStock Price Performance, 1999 - 2003
2004 Outlook
Summary
Q&A
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