date:Nov 09, 2012
sourcing contracts, and overall market share gains.
Sales revenue in the region increased 0.2% to CHF2.15bn ($2.27bn), while operating profit (EBIT) declined 5.1% to CHF232m ($245.85m), due to costs linked to outsourcing agreements, as well as higher factory and supply chain costs.
In the Americas region, sales volume increased 15.3% to 361,819t, driven by the company's Gourmet Specialties Products and Food Manufacturers businesses, which saw double-digit growth rates.
Sales revenue increase