date:Mar 15, 2013
e average sales price dropped.
The acquisition of dairy company Alaska Milk Corporation in the Philippines and of IDB Belgium contributed 237 million towards the revenue growth.
In Europe, reduced consumer spending as a result of the economic crisis in many European countries put pressure on volumes and revenue. Sales prices in Europe have remained under the 2010 level due to the economic crisis.
Operating profit rose, said the company, because, unlike in 2011, more of the increases in raw m