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Organic Food Maker Wessanen Lowers Outlook Citing Competition In France

Published on Jul 23 2018 10:10 AM in A-Brands tagged: Trending Posts / Organic / Paywall / Wessanen / Koninklijke Wessanen

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.

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