Parmalat S.p.A. reported sales results for the nine months ended September 30, 2018. For the nine months, the company reported net revenue of €4,779.7 million compared to €4,883.3 million a year ago.

In a context characterized by volatility of the cost of raw milk and the resulting challenges occurring at sales level due to necessary adjustments to sales prices, coupled with some negative factors also non-recurring, projections confirmed a contraction, compared with the previous year, of net revenue by about -1% and of EBITDA between -3% and 0% due to difficulties in particular in Canada and Australia.