date:Apr 15, 2013
a beans, cocoa butter, and cocoa powder) compared to the previous year translated into a 2.6% reduction in sales revenue. Product margins improved; gross profit was up 4.9% in local currencies (+5.5% in CHF). EBIT decreased by 2.4% in local currencies (-2.1% in CHF).
The company said that its closing and integration plan for the Cocoa Ingredients Division acquisition from Petra Foods was well on track, and confirmed its growth targets.
We continued to deliver strong volume growth, significantl