Despite the difficult monetary environment, sales were therefore slightly higher than expected. This is largely attributable to the strong performance of the latest acquisitions and encouraging international growth of 8.4%. The net profit margin for 2010 is expected to be slightly over 3%.
Emmi’s CEO Urs Riedener commented: “The results show that we are on track with our strategy. The focus on major key markets and the strengthening of successful brand platforms are showing the expected positive effects.”
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