ITALY: Reduced litigation proceeds hurts Parmalat profits

By: just-food.com | 12 November 2010

Italian dairy giant Parmalat saw its net profit more than halve in the first nine months of 2010, chiefly due to a reduction in settlement costs linked to its 2003 bankruptcy.

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Italian dairy giant Parmalat saw its net profit more than halve in the first nine months of 2010, chiefly due to a reduction in settlement costs linked to its 2003 bankruptcy.

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