date:Dec 19, 2012
ropean markets, a strategy that has proved successful and is likely to be continued in the near future.
The specialists' outperformance flows from a continued demand for private label frozen foods and the rationalising of private label supply. Growth and efficiency opportunities have triggered specialists to acquire local private label suppliers. Subsequent economies of scale and scope have generated higher returns on capital employed.
Juliette Kuiken, Rabobank Food Agribusiness Research anal