Parmalat released its H1 update. Revenues increased by 13.2% (+12.59% in Q2), EBITDA dropped by 8.1% whereas the EBITDA margin was down by 130bp (-50bp in Q2). Revenues by product: Milk +10%, Fruit beverages +9%, Cheese and other fresh products +15.5%, Other products (includes the hyperinflation in Venezuela) +31.1%. In terms of profitability, the EBITDA margin by product stood at: -40bp for Milk, -770bp for Fruit beverages, +150bp for Cheese and other fresh products. EBITDA for Other product
31 Jul 2015
Poor H1
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Poor H1
- Published:
31 Jul 2015 -
Author:
Anna Zyniewicz -
Pages:
2
Parmalat released its H1 update. Revenues increased by 13.2% (+12.59% in Q2), EBITDA dropped by 8.1% whereas the EBITDA margin was down by 130bp (-50bp in Q2). Revenues by product: Milk +10%, Fruit beverages +9%, Cheese and other fresh products +15.5%, Other products (includes the hyperinflation in Venezuela) +31.1%. In terms of profitability, the EBITDA margin by product stood at: -40bp for Milk, -770bp for Fruit beverages, +150bp for Cheese and other fresh products. EBITDA for Other product