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La Doria net profit falls by 24% year-on-year

This article was originally published in Foodnews

Lower tomato prices and the dip of the sterling following the Brexit vote are the main two factors behind the decline of net profits to EUR33.7 million (USD36.16 mln) from the EUR44.8 mln recorded by the group in 2015. The Italian processor said that signs of recovery are expected in the second half of 2017 in line with a destocking of the canned tomato market.

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