Emmi exceeds sales targets in challenging environment

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.”

Source: Emmi