Compared with the first half-year of 2009, revenue rose 5.5% to €4.3bn. Profit doubled to €156m. In particular, the sale of basic and special ingredients to the food industry and consumer products in Asia and Africa contributed to the positive results.
Brands such as Frisian Flag (Indonesia), Peak (Nigeria), Foremost (Thailand) and Friso (baby and infant foods) did extremely well.
Within cheese, Noord-Holland and Milner cheese performed well. The guaranteed price for milk supplied by the member farmers of FrieslandCampina rose by 16% to €30.25 per 100kg of milk. The performance payment based on the first half-year will be €1.33 per 100kg of milk. Thus, the pro forma milk price (guaranteed price plus performance payment) amounts to €31.58 per 100kg of milk.
Source: Royal FrieslandCampina
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