Lucerne, central Switzerland-based dairy products group Emmi saw a 27% drop in H1 net profit year on year, to €7m (US$6.9m).

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Earlier this week, Emmi said that the same period generated a €421.3m turnover, slightly down on the €426.1m recorded in the first six months of 2001.

According to a report in Edicom, the firm’s operating profit stood at €12.8m, down 11% year-on-year.

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