Profit up by 85 %
FrieslandCampina’s net turnover reached 5.6 billion euro in the first six months of 2015, while the dairy manufacturer managed to boost its profit 85 % to 192 million euro. “Margins rose due to the sale of more products with a higher added-value, positive currency translation effects, lower purchasing costs and the lower guaranteed price for raw milk”, FrieslandCampina said in a press release.
“In the current uncertain markets we were able to achieve a good result. This proves the success of the route2020 strategy, aimed at achieving sustainable growth and value creation, which we have followed since 2010”, CEO Roelof Joosten added.
