Bakkavör runs ‘a tight ship’ as sales rise 3%
date:Aug 14, 2012
rt from them.

It has done many of the right things since the Icelandic crisis. It has refinanced and taken a lot of cost out of the business by closing factories. And it is not easy to sell operations in the private-label sector in which it operates.

Lack of innovation

Bakkavr was right to focus on innovation, he added.One of the problems of the chilled product sector has been the lack of innovation compared with 10 to 15 years ago.

In the financial statement accompanying the results, the fi
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