date:Mar 15, 2013
e volumes. Operating profit rose by 11.4%.
The 10.2% volume growth of infant and toddler nutrition and the 9.5% volume growth of dairy-based beverages outside of Europe were described by the company as positive. The branded cheeses category achieved a volume growth of 4.4% through increased export. The volume of dairy-based beverages in Europe and commodities dropped.
The sales prices of the majority of the products rose. The sales prices of butter and milk powder fell by 10.7%, which meant th