Provimi: 12.3% sales increase in 2008
Dutch feed company the Provimi Group announced that for the full year 2008, sales increased to €2.154 billion. This equaled an increase of 12.3% compared to 2007.
On a like-for-like basis, sales growth was 13.9 %, with particular good organic growth in France and the segment rest of the world.
Globally, the sales increase was linked to higher raw material prices. In France, higher
sales were also linked to strong evolution of minerals and specialties for ruminants. In the
segment Rest of the world, the sales increase was also due to new contracts in South
America. Less favourable exchange rates had a negative impact of €16.4 million.
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