IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Parmalat profits slide

This article was originally published in Foodnews

ITALIAN dairy giant, Parmalat, has posted a 33% decline in first-quarter net profits to EUR33.4 million (USD42.7 million), compared with EUR50.0 million in the year-ago period. However, revenues were up 6% to EUR1.0 billion, while EBITDA (earnings before interest, taxes, depreciation and amortisation) rose 7% to EUR75.1 million. “For 2012, at constant exchange rates, growth estimates of about 3%, already foreseen both for net revenues and EBITDA, are confirmed,” the company said in a statement.



What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts