date:Sep 01, 2012
iness also reported a significant revenue increase. The business reported revenue of 836m a 12.8% increase on the first half of 2011.
Meanwhile, the firms Cheese, Butter and Milk powder business reported sales revenue of 1.188bn a 0.9% decrease compared to the first half of 2011. FrieslandCampina has attributed the drop to a fall in butter and milk powder prices.
Tough economic conditions
Despite the H1 profits increase, FrieslandCampina is forecasting that tough economic conditions in Euro