BELGIUM: Ter Beke posts rise in H1 sales, profit
Belgian fresh food group Ter Beke has posted a 6.6% rise in gross sales to €95.1m (US$104.0m) for the first half of 2003. The company's profit after taxes for the first half was €1.9m, a rise of 21.8% compared to a year earlier. The company said the sales result did not include any sales from its Di Pasto unit, which it acquired from Agis earlier this year. Ter Beke said the sales growth was mainly achieved through its chilled pasta meals division, which currently accounts for 65% of sales volumes.
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