date:Aug 29, 2014
ansion of production facilities, amounted to 279 million euro (first half of 2013: 295 million euro). Most of the investments could be financed from the Companys own funds. The cash flow from financing activities amounted to 311 million euro (first half of 2013: -98 million euro) due to a higher utilisation of the credit facility. Net cash and cash equivalents fell from 560 million euro (end of 2013) to 403 million euro.
The worldwide offering of milk is expected to increase still further in 20