Parmalat eyeing double digit growth for 2012

Published: 2012-11-13 Origin: dairyreporter.com Authour: Mark Astley Views: 29

Core Tip: Parmalat has reported double-digit revenue and profit growth for the first nine months of 2012, driven by strong performances by its US, Canadian, Australian and Russian segments.

In the nine months ending 30 September 2012, Parmalat recorded net revenue of €3.69bn – a €430.7m (13.2%) increase on the €3.259bn achieved in the first three quarters of 2011. EBITDA totalled €279.2m – a 14.6% increase on the €243.6m achieved in the same period of 2011.

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