The challenging economic backdrop continues, as expected, but La Doria has delivered a good start to 2019. There was some benefit due to UK customers stockpiling ahead of a potential hard Brexit, but it is hard to quantify. Organic growth of 2% was mainly volume-driven, while margins were down due to higher production costs, which were only partially offset by increased volumes and pricing. The industrial plan set out in March 2018 continues to be delivered, with several new production lines
29 May 2019
La Doria - Working towards a transformation
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La Doria - Working towards a transformation
- Published:
29 May 2019 -
Author:
Sara Welford -
Pages:
12
The challenging economic backdrop continues, as expected, but La Doria has delivered a good start to 2019. There was some benefit due to UK customers stockpiling ahead of a potential hard Brexit, but it is hard to quantify. Organic growth of 2% was mainly volume-driven, while margins were down due to higher production costs, which were only partially offset by increased volumes and pricing. The industrial plan set out in March 2018 continues to be delivered, with several new production lines