French poultry firm Groupe Doux announced today (4 May) that it returned to profitability in fiscal 2009.
The company booked a net profit of EUR12m during the year against a net loss for 2008. EBITDA rose 12% to EUR104m, up from EUR91.8m in fiscal 2008.
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Sales fell 23.5% to EUR1.3bn as Doux focused its portfolio to concentrate on higher-margin products and brands, the company said.
