date:Aug 29, 2014
o). Profit over the first half year fell by 60 million euro (37.1 percent) to 104 million euro (first half of 2013: 164 million euro). This drop in profit was due to unfavourable currency translation effects of 44 million euro and higher operating costs.
The guaranteed price over the first half of 2014 was 42.07 euro per 100 kilos of milk. This 13.6 percent increase compared with the first half of 2013 (37.03 euro) was due to the higher milk prices of the reference companies. The pro-forma milk