date:Jul 21, 2012
edium term.
The business area remains challenged and is expected to be under pressure even during forthcoming quarters.
The company hopes results for this segment will improve in the latter quarters of the year as confectioners prepare seasonal offerings for Halloween and Christmas.
Outlook
Arne Frank, AAK CEO and president, said:The impact on our industry from the more difficult general economy in Europe is difficult to predict.
Howeverwe continue to remain prudently optimistic for the fut