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Soaring UK livestock prices hit Vion’s profits
date:May 28, 2012
Operating results for the year dropped 53% to euro 90M (earnings before interest, tax and amortisation), wiping euro 66M off the Dutch groups bottom line, with profit after tax at euro 14M.

Turnover increased 7% to euro 9,490M, largely as a result of increased costs.

Describing the figures asdisappointing, chairman Uwe Tillmann, said:The uncertain economic situation clearly affected consumer buying behaviours, Consumers were keen on low-priced special offers on meat, meat products and food.

03/10 05:33