date:Aug 02, 2012
The firm, which is owned and controlled by French dairy firm Lactalis, saw revenue increase by 6.1% to 2.2769bn ($2.803) during the six month period a 130m ($160m) increase on the 2.1469bn ($2.643bn) recorded H1 2011.
Parmalathas attributed the revenue increase to higher sales from its African, Russian and Australian divisions and improved margins from its Italian and Canadian dairy divisions.
The Parma-based company reported consolidated EBITDA of 163.3m ($201m) a 9.4% increase on the 149.