Profits at the Swiss consumer goods manufacturer Bell Group increased slightly in 2013, despite declining sales volumes.
The company said earlier this week that net profit for the full financial year jumped 1% to CHF76.6 million (Swiss Francs).
The company recorded a a 3.7% increase in sales, bringing its value to CHF2.62 billion, which the company credit with being able to raise selling prices.
Bell said it increased prices by around 7%, while sales volumes declined 1.7%.
In a statement issued by the company, board directors said that Group Bell, which is owned by Coop, counted its poultry section as the major growth driver over the 12 month period.
© 2014 - European Supermarket Magazine by Enda Dowling
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