date:Aug 29, 2014
f cheese to Russia also decreased. Profit fell by 60 million euro (36.6 percent) to 104 million euro due to a negative currency translation effect amounting to 44 million euro and pressure on margins for commodities. The pro-forma milk price over the first half of 2014 totalled 44.19 euro per 100 kilos of milk.
Cees t Hart, CEO Royal FrieslandCampina: The combination of a strong euro, a high milk price, falling sales in a number of Asian markets and general political unrest all affected Friesla