Savencia: 11% contraction in half-year ROC
The food group explains that its ROC benefited from price increases and industrial productivity gains, but was penalized by the impact of lower world dairy ingredient prices.
At 3.38 billion euros, its sales rose by 11.7% on a reported basis, including +14.4% in organic growth (+11.5% for cheese products and +19% for other dairy products).
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