date:Aug 20, 2018
tinue expanding in the face of historically low sugar prices.
For the year to March 31, it reported a 3.5 percent rise in sales to 4.99 billion euros, and a 2 percent fall in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to 594 million euros.
It recorded a net loss of 18 million euros, against a 107 million profit in the prior year, with Tereos citing a large redistribution payment to members due to the difficult farming environment.
Source：Reuters