date:Mar 14, 2013
to 1,780.7 million ($2,287.1 million) from 1,627.6 million. Average higher sales prices of 3.5% offset lower volumes sold due to an unfavorable economic climate.
The volume decline of 2.4% was in line with or better than the market, according to CSM. Volumes at Caravan Ingredients, currently a part of Bakery Supplies North America and based in Lenexa, Kas., declined by 1%.
In Bakery Supplies Europe, fiscal-year EBITA was 16.9 million, down from 35.8 million. Excluding one-off costs, EBITA drop