date:Apr 02, 2014
According to the Q4 figures, net profit was 101 million compared with a 169 million net loss in the fourth quarter of 2012 when it had a 168 million impairment charge on its Maxi brand.
However, the company said that operating income for the full year came under pressure as a result from price cuts, and increasing costs. Operating profit for 2013 was down 4.2% from last year to 753 million.