SWITZ: Bell Group records "stable" sales rise
- Net sales up 0.4%
- Volumes down 1.1%
- Germany and Benelux volumes down
Bell's sales volumes declined by 1.1%
Swiss meat processing company Bell Group said it saw "stable" sales development in 2012, despite a "difficult" market environment.
In the 12 month period, sales edged up 0.4% to CHF2.52bn (US$3.29bn), the company reported today (7 January). Adjusted for exchange rate differences and structural changes, sales were up 0.6%.
Sales volumes, however, declined by 1.1% to 222m kg. Volumes were up in all regions except Germany and the Benelux countries, where volumes dropped 2.5% and 13.4%, respectively.
In Germany, the company embarked on restructuring of its product ranges, which contributed to the decline, while in the Benelux countries, the division mainly suffered from the loss of one product group, also due to restructuring, it said.
- Mondelez results and outlook - 7 things to learn
- Comment: Hain Celestial cognisant of US challenges
- Talking shop: Wal-Mart overhaul, Lidl's US charge
- Can Yildiz's new snacks unit match its ambitions?
- Can dairy-free Flora lift Unilever spreads sales?
- Mondelez continues to see margins up, sales mixed
- Unilever launches dairy-free Ben & Jerry's in US
- Premier Foods launches "first" American wet sauces
- China eyes further infant formula restrictions
- Arla eyes job cuts as part of 2020 growth push