date:Jan 07, 2014
d likely decline during the second half of its 2013 fiscal year, while other European markets were expected to remain stable.
Emmi is also struggling with declining sales in Switzerland, where revenue fell 1.6% in the first half of 2013 due to lower prices, slipping sales to restaurants and cafes, and shoppers crossing the border into Germany and France to buy food. In contrast, its international business grew by nearly 56%.