Challenging Italian Yogurt Market Impacts Emmi’s First Half Profits
date:Aug 29, 2014
sulted in group-wide sales growth of 4.1%. International sales increased by 7.1% (organically by 8.4%) to SFr724.0 million, with sales performance in line with the plan announced in the spring. The acquisition effects are attributable to the acquisitions of Kserei Studer (Switzerland) and Rachelli (Italy) and also to the sale of the stake in Nutrifrais (Switzerland).

Urs Riedener, CEO of Emmi, says: The difficult situation in Italy made the impairment unavoidable. Its regrettable, but it does r
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