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Interim Profit Tumbles at Josef Manner

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Interim Profit Tumbles at Josef Manner

September 01
10:33 2010

Josef Manner, one of Austria’s leading confectionary manufacturers, has reported a 2.4% fall in revenue to Eur72.1m for the first half of 2010. Net profit dropped to Eur1.27m compared to Eur1.84m for the corresponding period in 2009. However, the company’s performance improved markedly in the second quarter of 2010 following a weak first quarter. Family owned Josef Manner was founded in 1890 and currently employs 700 people across three locations in Austria. The company generated sales of Eur155m in 2009.

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