The domestic market remains challenging, and raw material prices are now increasing. FY16 revenues were slightly ahead of our forecast and FY17 seems to have got off to a good start. Centrale del Latte d'Italia (CLI) is due to increase its list prices as of 1 April, which should help it offset the cost inflation. The main event of FY16 – the merger between CLT and CLF which gave rise to the new entity CLI – is still being bedded in, and we expect the integration to continue to mak
09 Mar 2017
Integration progressing
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Integration progressing
Centrale del Latte d'Italia SpA (CLI:MIL) | 0 0 0.0%
- Published:
09 Mar 2017 -
Author:
Sara Welford -
Pages:
5
The domestic market remains challenging, and raw material prices are now increasing. FY16 revenues were slightly ahead of our forecast and FY17 seems to have got off to a good start. Centrale del Latte d'Italia (CLI) is due to increase its list prices as of 1 April, which should help it offset the cost inflation. The main event of FY16 – the merger between CLT and CLF which gave rise to the new entity CLI – is still being bedded in, and we expect the integration to continue to mak