Hügli, the Swiss food group, today [Thursday] reported 2001 sales up 7.2% to SFr192.7m (US$114.9m). Strong currency rates held back the rate of growth, the group said.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The weakness of the euro in comparison with the Swiss franc negatively impacted sales growth, as some three-quarters of sales are generated in the European Union. Profits are expected to be in line with 2000 (SFr9.1m).


The weak euro and “high investment in market development” depressed 2001 earnings, notably in the second half, the company stated. The future looks brighter, however, the company said, going into 2002 and beyond.


Hügli produces culinary goods including soups, sauces, seasonings and frozen foods.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now