date:Apr 15, 2013
ers on a cost plus basis, lower average prices for cocoa ingredients (cocoa 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 g