BONGRAIN : Activity for the 1st quarter of 2012
04/27/2012| 12:01pm US/Eastern
Recommend:
.1% increase in net sales
|
Consolidated data in millions of euros
|
Net sales
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Changes
|
|
|
03/31/12
|
03/31/11
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Total
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Structure
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Forex
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Growth
|
|
|
|
BONGRAIN SA
|
998.3
|
931.9
|
7.1 %
|
2.5%
|
0.3 %
|
4.3 /%
|
|
|
|
|
|
|
|
|
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By business :
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|
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|
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- Cheese products
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636.7
|
604.8
|
5.3 %
|
- 0.6 %
|
0.4%
|
5.5 %
|
|
- Other dairy
products
|
381.4
|
345.6
|
10.3 %
|
7.8 %
|
0.0%
|
2.3%
|
Cheese product sales grew in response to the pursuit of
investment in advertising and promotion as well as to
specific sales initiatives which boosted our major
brands.
Other dairy product sales continued to grow thanks to the
persistence of favorable pricing, albeit a weakening trend in
world prices for industrial products.
The structural impact reflects full consolidation of Milkaut
since February 2011 and Sinodis since October 2011.
The positive foreign exchange impact reflects the rise
against the euro of the currencies of the Group's main
non-euro zone markets.
2012 is liable to remain under the influence of numerous
unstable geopolitical and economic environments, thereby
creating uncertainty as to the evolution of consumption.
With the support of its capable and motivated teams, and of
its good financial position, Bongrain SA will continue to
strive to both improve its competitiveness and develop its
brands.
(The Group's next publication will be that of its
half-yearly financial statements on August 29, 2012)
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