Get the app today! Download iPhone App Download Android App

France’s Groupe Bel Sees Sales Impacted By Foreign Exchange Markets In Q1

Published on May 21 2018 9:29 AM in A-Brands tagged: Trending Posts / France / Dairy / Babybel / Groupe Bel

France’s Groupe Bel Sees Sales Impacted By Foreign Exchange Markets In Q1

Groupe Bel, the French dairy firm behind Babybel cheese, saw consolidated sales fall by 1.1% in the first quarter of its financial year, to €813 million.

The group attributed this decline to foreign exchange impacts, which impacted sales to the tune of €48 million.

If forex impact is excluded, consolidated sales grew 4.8% organically in Q1 2018.

please subscribe or sign in to continue reading

image description

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!

Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Share on Tumblr Share via Email