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Tag "raw material prices"

Profit Plunge at Bel Group

    Profit Plunge at Bel Group

Despite uncertain conditions arising from geopolitical unrest in Africa and the Middle East, Bel Group increased sales by 4.7% to Eur1.22 billion in the first half of 2011. However, operating

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Interim Profits Plunge at Cloetta

    Interim Profits Plunge at Cloetta

Falling sales volumes and a decrease in contract manufacturing coupled with rising raw material prices, which weakened margins, have adversely impacted on the financial performance of Swedish confectionery manufacturer Cloetta

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