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Organic Foods Specialist Wessanen Sees Revenue Decline In First Half

Published on Jul 19 2019 8:58 AM in A-Brands tagged: Featured Post / Organic / Bjorg / Paywall / Wessanen / World News / Kallø / Clipper

Organic Foods Specialist Wessanen Sees Revenue Decline In First Half

Organic foods producer Wessanen, which produces the Kallø and Bjorg brands among others, has posted a 0.8% decline in first half revenue, to €321.1 million.

The Dutch business, which private equity firm PAI Partners recently announced a bid for, said that its performance was largely impacted by the reduction of its private label and distribution businesses, by 11.0%.

Revenue of its own brands increased by 0.5%, however, with the acquisition of the Abbot Kinney's plant-based dairy brand contributed 0.4% to its performance.

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