date:Aug 30, 2013
al with the consequences of lagging consumer spending in Europe.
In the first half of 2013 the Consumer Products Europe business group was confronted with a further worsening of market conditions in Europe. Consumer spending dropped further due to the sombre economic outlook, rising debt levels and increasing unemployment. Consumer Products Europes net revenue from third parties was 1,484 million. Volume fell as sales of both branded and supermarkets private label dairy products declined.
Vol