date:Aug 02, 2012
ell to 11m ($13.5m) from 17m ($20.9m) in H1 2011. Parmalat has attributed this to thechallenging conditionsfaced by its Venezuelan subsidiary.
Parmalat strengthened its position in this South American market and made its first venture into the US earlier this year, through the acquisition of Lactalis American Group (LAG). Caporizzi expects that in time, these regions could provide thestrong resultsneeded to offset the European consumption crisis.
Currently we are suffering in some South Americ