date:Nov 23, 2012
In financial year 2011/2012 AVEBE, the worlds leading potato starch company, achieved a net profit of 32.1 million euros with a turnover of 595.5 million euros. This represents an increase in the net result of over 60% compared to the previous year (19.8 million euros). The turnover for that year was 565.3 million euros.
Over financial year 2011/2012 AVEBE was on average able to achieve good market prices. The good harvest brought an end to the scarcity of potato starch that marked financial ye