date:Mar 27, 2014
ofit margin is unchanged at 3.0 %.
Urs Riedener, CEO, commented:Emmi was able to maintain its profit margin, despite high pressure on prices. This is pleasing and is the result of the focus on core competences, the success of our brand, setting clear priorities and rigorous cost management.
In the first half of 2014, Emmi expects raw material prices to be stable, or slightly higher in certain cases, For example, the recommended milk price was increased in Switzerland at the start of the year.