date:Apr 09, 2013
market, at about 2-5 percent.
Balli said the group, which is controlled by the Jacobs family, hoped to regain its investment grade credit rating in about three years.
Net profit in the half-year to February fell to 116.4 million Swiss francs ($124.7 million), below a forecast of 129 million francs in a Reuters poll.
But sales volumes grew 5.8 percent in Europe, the group's largest market, despite the challenging market environment in southern Europe. Chocolate sales have been holding up beca