Organic Food Maker Wessanen Lowers Outlook Citing Competition In France
Dutch organic food producer Koninklijke Wessanen NV has lowered its 2018 outlook, citing increased competition in France, its biggest market.
Wessanen said it had seen an "unprecedented" number of organic products introduced in May in France where rising competition was impacting its Bjorg brand.
France accounted for 57 percent of the company's revenue last year.
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!